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Rule · CBSL · 7 Mar 2019 · Circular No. 35/01/005/0010/23

Margin Requirements against Letters Of Credit for Importation of Motor Vehicles and Non-Essential Consumer Goods

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The Central Bank of Sri Lanka issued Circular No. 35/01/005/0010/23 on 07 March 2019 to update margin requirements for letters of credit used in importing motor vehicles and non-essential consumer goods. This directive explicitly withdraws the previous circulars No. 35/01/005/0010/21 and 35/01/005/0010/22, which were dated 29 September 2018 and 26 November 2018 respectively. The new regulations apply to all Licensed Commercial Banks in Sri Lanka effective immediately upon the circular's release date.

Sri LankaCentral Bank of Sri Lanka

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Margin Requirements AgainstLetters of Credit for Importation…2018 · CBSLMargin Requirements Against Letters of Credit for Importation of Motor Vehicles and Non-Essential Consumer Goods (2018-09-29)Margin Requirements againstLetters Of Credit for Importa…2019-03-07 · this documentMargin Requirements against Letters Of Credit for Importation of Motor Vehicles and Non-Essential Consumer Goods (2019-03-07)
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This document supersedes: Margin Requirements Against Letters of Credit for Importation of Motor Vehicles and Non-Essential Consumer Goods

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