Special Deposit Account
Who is eligible to open this account?
  • A Sri Lanka individual resident in or outside Sri Lanka
  • Dual Citizens
  • Citizens of other states with Sri Lankan origin
  • A non-national resident in or outside Sri Lanka
  • Funds, corporate bodies, associations incorporated/registered outside Sri Lanka
  • Any other well-wisher
How to open a Nations Special Deposit account?

Permitted Credits

  • Inward remittances in foreign currency received from outside Sri Lanka in favor of the account holder through the banking system.
  • Transfers from Inward Investment Accounts (IIA) or accounts maintained in the Offshore Banking Unit by the account holder, out of the proceeds received as inward remittances after 8th April 2020.

Permitted Debits

  • Outward remittances of maturity proceeds upon maturity of the term deposit.
  • Transfer of maturity proceeds of Special Deposit Accounts term deposits to an Inward Investment Account or an account maintained in the Offshore Banking Unit by the same account holder.
  • Disbursements in Sri Lanka in Sri Lanka Rupees.
Overseas Representatives

Please click here to view the overseas representatives