2026-06-17 | Addendum 1 - Circular No. 02 of 2026Added · Updated
The Payments and Settlements Department of the Central Bank of Sri Lanka issued Addendum 1 to Circular No. 02 of 2026, revising the maximum transaction value limit for Peer-to-Peer (P2P) fund transfers through LANKAQR code to LKR 50,000. It also stipulates a maximum fee of LKR 25 to be levied on the Transaction Initiator for P2P fund transfers via LANKAQR, with a detailed distribution provided for amounts above LKR 5,000. These revisions, addressed to financial institutions and LankaPay, are effective from October 01, 2026.
f.ùï iy mshùï fomd¾;fïka;=j nfhLg;gdTfs;> jPh;g ;gdTfs; jpizf;fsk; Payments and Settlements Department 8 jk uy," wxl 30" ckdêm;s udj;" 8 Mk; khb> ,y. 30 rdhjpgjp khtj ;ij nfhOk;G 1 Level 8, No. 30, Janadhipathi Mawatha, Colombo 1 ;e ' fm ' 590" fld<U 01" Ys% ,xldj j. ng. ,y. 590> nfhOk;G 01> ,yq;if P . O. Box. 590, Colombo 01, Sri Lanka. 94 11 2477042 94 11 2387009 psd@cbsl.lk www.cbsl.gov.lk 17 June 2026 Ref: 34/01/025/0038/005 To: (i) Chief Executive Officers of All Licensed Banks, Licensed Finance Companies, Licensed Operators of Mobile Phone Based e-Money Systems and (ii) LankaPay (Pvt) Ltd Addendum 1 - Payment and Settlement Systems Circular No. 02 of 2026 - LANKAQR National Quick Response Code Standard for Local Currency Payments and Peer-to-Peer Fund Transfers This is with reference to the Payment and Settlement Systems Circular No. 02 of 2026 issued on 13 March 2026. 2. Revision for Transaction Value Limits: 2.1 The maximum transaction value limit for Peer-to-Peer (P2P) fund transfers through LANKAQR code shall be LKR 50,000/=. 3. Fees and Charges: 3.1 A maximum fee of LKR 25/= shall be levied on the Transaction Initiator for P2P fund transfers through LANKAQR. The distribution of the above maximum fee is given in Table 01 below. Table 01 - Distribution of the maximum fee for P2P fund transfers above LKR 5,000/= through LANKAQR (in LKR) Transaction amount (x) LKR LPPL Fee Issuer Fee Transaction Acquirer Fee User Acquirer Fee 5,000 < x 5.32 4.92 6.89 (To be shared with the Mobile Application Provider) 7.87 4. Effective Date: 4.1 The above revisions shall be effective from 01 October 2026. K V K Alwis Director Payments and Settlements