Regulatory Alerts2020-03-04 | Circular No. 03 of 2020Added · Updated
Recovery of Accommodation to Exporters
The Central Bank of Sri Lanka has extended the maximum settlement period for export credit facilities to 180 days from the shipment date. This directive applies to licensed commercial banks and takes effect on 1 March 2020. The updated timeline replaces prior accommodation recovery rules to streamline export financing settlements.
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