At Seylan Bank, we understand and endeavor to be not just a bank but also you’re financing partner, whilst delivering advisory services on trade related matters.
• Advising of Documentary Credits
We advise the Export Letter of Credits received by us through another Bank or by mail to the Beneficiary.
• Documentary Credit Confirmation
At the request of Issuing Bank and / or Beneficiary we may add confirmation to the Letter of Credit
• Pre Shipment
Financial assistance to Exporters for working capital requirement prior to shipment in local or foreign currency
• Post Shipment Facilities – Negotiation, Purchasing, Discounting
Financial assistance to Exporters to maintain the liquidity for day to day requirements by purchasing / negotiating or discounting the Export Bills
• Handling of Collection Bills
Handles Export documents on DA (Documents against Acceptance), DP (Documents against Payment), Open Accounts and Advance Payment Terms
• Status Reports on Buyers
Through our Correspondent Agents worldwide within a very short period.
• Pre & Post Shipment guarantees
Sri Lanka Export Credit Insurance Corporation (SLECIC)
FAQs
Yes, we arrange Status Reports through the Exports Department
You can handover to any Seylan Bank Branch or to the Head Office Exports Department
Yes, on case by case basis you can negotiate for special exchange rates
No.
Fixed Deposits
| currency | code | amount | 1 Month | 1 Month Aer | 3 Months | 3 Month Aer | 6 Months | 6 Months Aer | 1 Year | 1 Year Aer | 1 Year (Monthly) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| US Dollar | USD | 500 | 3.500 | 3.5567 | 5.5000 | 5.6140 | 6.0000 | 6.0900 | 6.5000 | 6.5000 | 6.3000 |
| Sterling Pound | GBP | 500 | 1.750 | 1.7641 | 2.750 | 2.7785 | 3.000 | 3.0225 | 3.500 | 3.500 | 3.000 |
| Euro | EUR | 500 | 1.250 | 1.2572 | 2.000 | 2.0151 | 2.250 | 2.2627 | 2.500 | 2.500 | 2.000 |
| Australian Dollar | AUD | 500 | 3.000 | 3.0416 | 3.500 | 3.5462 | 3.750 | 3.7852 | 4.000 | 4.000 | 3.500 |
| Japanese Yen | JPY | 50,000 | 1.000 | 1.0046 | 1.250 | 1.2559 | 1.500 | 1.5056 | 1.750 | 1.750 | 1.500 |
| Swiss Franc | CHF | 500 | 0.500 | 0.5011 | 0.750 | 0.7521 | 1.000 | 1.0025 | 1.000 | 1.000 | 0.750 |
| Singapore Dollar | SGD | 500 | 0.750 | 0.7526 | 1.000 | 1.0038 | 1.250 | 1.2539 | 1.500 | 1.500 | 1.250 |
| Canadian Dollar | CAD | 500 | 2.000 | 2.0186 | 2.250 | 2.2691 | 2.250 | 2.2627 | 2.500 | 2.500 | 2.250 |
| Norwegian Kroner | NOK | 5,000 | 0.500 | 0.5000 | 0.500 | 0.5009 | 0.750 | 0.7514 | 1.000 | 1.000 | 0.750 |
| Danish Kroner | DKK | 5,000 | 0.250 | 0.250 | 0.250 | 0.500 | 0.250 | ||||
| Swedish Kroner | SEK | 5,000 | 0.250 | 0.250 | 0.250 | 0.500 | 0.250 | ||||
| Hongkong Dollar | HKD | 5,000 | 0.250 | 0.500 | 0.750 | 1.000 | 0.750 | ||||
| New Zealand Dollar | NZD | 1,000 | 0.500 | 1.000 | 1.500 | 2.000 | 1.750 | ||||
| Chinese Yuan | CNY | 5,000 | 0.500 | 0.750 | 1.000 | 1.500 | 1.250 | ||||
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