2. Home
  4. Service Charges

SAVINGS ACCOUNTS

No Description Charge / Fee - LKR
1 Monthly Saving Charges (In lieu of Minimum balance) LKR 50.00
2 Savings account closure charges LKR 500.00
3 Savings withdrawals over the counter less than LKR 100,000.00 LKR 20.00

CURRENT ACCOUNTS

No Description Charge / Fee - LKR
1 Monthly Service Charges (In lieu of Minimum balance) - Personal Account LKR 500.00
2 Stop Payment Charges LKR 5,000.00
3 Current account closure charges LKR 1,500.00
4 Cheque return charges
4.1 Due to technical reasons LKR 500.00
4.2 Due to insufficient funds LKR 4,000.00
5 Cheque Book Charges
5.1 Cheque book charges per leaf LKR 20.00 (Including VAT)
5.2 10 leaves cheque book LKR 200.00 (Including VAT)
5.3 25 leaves cheque books LKR 500.00 (Including VAT)
5.4 50 leaves cheque books LKR 1,000.00 (Including VAT)

STANDING ORDERS

No Description Charge / Fee - LKR
1 Placement Fee LKR 250.00 per change

REMITTANCES

No Description Charge / Fee - LKR
1 Foreign Currency Drafts issuance customers for educational purpose LKR 400.00
2 Inward remittances to Sri Lanka (via SWIFT)
2.1 To Rupee Accounts Minimum LKR 300.00
2.2 To Foreign Currency Accounts ( Domestic) Minimum USD 3.00
3 Outward Telegraphic Transfer via SWIFT - LKR Accounts
3.1 General Transactions Minimum LKR 4,000.00 + SWIFT Charges , Maximum LKR 10,000.00 + SWIFT Charges
3.2 Education / Medical Purpose LKR 4,500 + SWIFT Charges
3.3 Migration LKR 10,000.00 + SWIFT Charges
3.4 SWIFT Charge LKR 1,000.00
4 Outward Telegraphic Transfer via SWIFT - Foreign Currency Accounts
4.1 General Minimum USD 15.00 + SWIFT charges, Maximum USD 40.00 + SWIFT charges
4.2 Education / Medical Purpose Minimum USD 25.00 + SWIFT charges, Maximum USD 25.00 + SWIFT charges
4.3 Business Purpose transactions Minimum USD 25.00 + SWIFT charges, Maximum USD 50.00 + SWIFT charges
4.4 SWIFT charges USD 2.50

DIGITAL BANKING

No Description Charge / Fee - LKR
1 Internet Banking
1.1 Personal customers Free of charge
1.2 Corporate customers First 03 users = LKR 1000.00, additions LKR 250.00 each
1.3 Re Issue of PIN LKR 150.00 per change

DEBIT (ATM) CARDS

No Description Charge / Fee - LKR
1 Debit (ATM) card issuance fee - Non Personalized
1.1 Visa Gold, Platinum LKR 750.00
1.2 Visa Classic , Master Domestic / International LKR 600.00
1.3 Visa Seylfie LKR 250.00
2 Debit (ATM) card issuance fee - Personalized
2.1 Visa Classic, Gold, Platinum LKR 1,500.00
2.2 Master Domestic / International LKR 1,500.00
2.3 Visa Seylfie LKR 250.00
3 Debit(ATM) card annual fee
3.1 Visa Classic, Gold & Master Domestic / International LKR 400.00
3.2 Visa Platinum LKR 500.00
3.3 Seylfie LKR 500.00
3.4 Personalized LKR 500.00
3.5 Non - Personalized LKR 500.00
4 Debit Card re- issue fee
4.1 Visa Classic, Master Domestic/ International LKR 600.00
4.2 Visa Gold / Platinum LKR 750.00
4.3 Visa Debit Seylfie LKR 250.00
5 Pin re issue fee [Visa/ Master Debit (ATM) Cards] LKR 300.00
6 Lost card Replacement fee - Debit
6.1 Visa Classic , Master Domestic / International LKR 600.00
6.2 Visa Gold, Platinum LKR 750.00
6.3 Visa Seylfie LKR 250.00
7 ATM Withdrawal Fee
7.1 Other Bank ATMs LKR 60.00
7.2 Lanka pay ATMs LKR 30.00
7.3 Foreign LKR 600.00
7.4 Seylan ATMs LKR 5.00
8 Fuel Surcharge via Debit Card 1%
9 Balance Inquiry Fee
9.1 Seylan ATMs (with printed receipt) LKR 2.00
9.2 Seylan ATMs Free of charge
9.3 Other Bank ATMs LKR 50.00
9.4 Lanka Pay ATMs LKR 7.50
9.5 Foreign LKR 150.00
10 Overseas Transactions All overseas transactions will be converted using VISA International exchange rates. In order to mitigate local exchange rate movements, an additional amount (minimum of 7.0%**) will be included to the rate at the time of billing. ** Rates are subjected to market rate fluctuations.
11 Processing Fee In order to mitigate the risk of exchange rate variances, all Card transactions done at overseas merchants/service providers and websites registered outside of Sri Lanka but billed in Sri Lankan Rupees (LKR) in the form of Dynamic Currency Conversion or Multi-Currency Transactions will attract a Processing Fee of minimum 3.5%** on the LKR transaction value. ** Rates are subjected to market rate fluctuations.

HARASARA DEBIT (ATM) CARD

No Description Charge / Fee - LKR
1 Debit card annual fee LKR 400.00
2 Debit card issuance fee LKR 500.00
3 Card re-issuance fee LKR 500.00
4 Pin re-issue fee LKR 300.00
5 Lost card replacement fee LKR 500.00
6 ATM withdrawal fee- Seylan ATMs LKR 5.00
7 ATM withdrawal fee- other bank ATMs LKR 60.00
8 ATM withdrawal fee –Lanka pay ATMs LKR 30.00
9 ATM withdrawal fee - Foreign LKR 600.00
10 Balance inquiry fee- Seylan ATMs Free
11 Balance inquiry fee- other bank ATMs LKR 50.00
12 Balance inquiry fee-Lanka pay ATMs LKR 7.50
13 Balance inquiry fee – Foreign LKR 150.00
14 Fuel surcharge 1%
15 Overseas Transactions All overseas transactions will be converted using the applicable Telegraphic Transfer (TT) exchange rate of the Bank at the time of billing. In order to mitigate local exchange rate movements, the final billing amount will consist of an additional amount of minimum 7%**, apart from the initially authorized amount. ** Rates are subjected to market rate fluctuations.
16 Processing Fees In order to mitigate the risk of exchange rate variances, all Card transactions done at overseas merchants/service providers and websites registered outside of Sri Lanka but billed in Sri Lankan Rupees (LKR) in the form of Dynamic Currency Conversion or Multi-Currency Transactions will attract a Processing Fee of minimum 3.5%** on the LKR transaction value. ** Rates are subjected to market rate fluctuations.

ACCELERATE DEBIT (ATM) Card

No Description Charge / Fee - LKR
1 Debit Card Annual Fee LKR 500.00
2 Debit Card Issuance Fee
2.1 Personalized LKR 500.00
2.2 Non - Personalized LKR 500.00
3 Card Re-Issue Fee LKR 500.00
4 PIN Re-issue Fee LKR 300.00
5 Lost Card Replacement Fee LKR 500.00
6 ATM Withdrawal Fee
6.1 Seylan ATMs LKR 5.00
6.2 Other Bank ATMs LKR 60.00
6.3 Lanka Pay ATMs LKR 30.00
6.4 Foreign LKR 600.00
7 Balance Inquiry Fee
7.1 Seylan ATMs Free
7.2 Seylan ATMs (with printed receipt) LKR 2.00
7.3 Other Bank ATMs LKR 50.00
7.4 Lanka Pay ATMs LKR 7.50
7.5 Foreign LKR 150.00
8 Fuel Surcharge 1%
9 Overseas Transactions All overseas transactions will be converted using VISA International exchange rates. In order to mitigate local exchange rate movements, an additional amount (minimum of 7.00%**) will be included to the rate at the time of billing. ** Rates are subjected to market rate fluctuations.
10 Processing Fee In order to mitigate the risk of exchange rate variances, all Card transactions done at overseas merchants/service providers and websites registered outside of Sri Lanka but billed in Sri Lankan Rupees (LKR) in the form of Dynamic Currency Conversion or Multi-Currency Transactions will attract a Processing Fee of minimum 3.5%** on the LKR transaction value. ** Rates are subjected to market rate fluctuations.

BUSINESS BANKING DEBIT (ATM) CARD

No Description Charge / Fee - LKR
1 Debit Card Annual Fee LKR 400.00
2 Debit Card Issuance Fees LKR 500.00
3 Card Re-Issue Fee LKR 500.00
4 Pin Re Issue Fee LKR 300.00
5 Lost card Replacement fee - Debit LKR 500.00
6 Fuel Surcharge via Debit Card 1%
7 Balance Inquiry Fee -
7.1 Seylan ATMs Free
7.2 Seylan ATMs (with printed receipt) LKR 2.00
7.3 Other Bank ATMs LKR 50.00
7.4 Lanka Pay ATMs LKR 7.50
7.5 Foreign LKR 150.00
8 ATM Withdrawal Fee -
8.1 Seylan ATMs LKR 5.00
8.2 Other Bank ATMs LKR 60.00
8.3 Lanka Pay ATMs LKR 30.00
8.4 Foreign LKR 600.00
9 Overseas Transactions All overseas transactions will be converted using VISA International exchange rates. In order to mitigate local exchange rate movements, an additional amount (minimum of 7.0%**) will be included to the rate at the time of billing. ** Rates are subjected to market rate fluctuations.
10 Processing Fee In order to mitigate the risk of exchange rate variances, all Card transactions done at overseas merchants/service providers and websites registered outside of Sri Lanka but billed in Sri Lankan Rupees (LKR) in the form of Dynamic Currency Conversion or Multi-Currency Transactions will attract a Processing Fee of minimum 3.5%** on the LKR transaction value. ** Rates are subjected to market rate fluctuations.

PLATINUM CREDIT CARD

No Description Charge / Fee - LKR
1 Credit Limit LKR 200,000.00 to LKR 999,999
2 Cash Advance Limit 40% of the Credit Limit
3 Interest Rate %p.a. 30.00% w.e.f. 01-May-2022
4 Annual Fee LKR 3,500.00
5 Joining Fee LKR 2,750.00
6 Supplementary Card Fee LKR 2,750.00
7 Interest Free days on purchases (maximum) 51 Days. (Interest Free days are applicable only when full settlement is made monthly and is not applicable for Cash Advances).
8 Late payment fee LKR 1,500.00
9 Excess Limit fee LKR 1,250.00
10 PIN Re. Issue fee LKR 200.00
11 Cash Advance Fee LKR 700.00 or 4.00% whichever is higher
12 Handling Fee - Paper Statement LKR 100.00 per month
13 Statement copy fee LKR 400.00
14 Confirmation Letter Issuing Fee Same day service - LKR 2,000.00
; Normal Service - LKR 1,000.00
15 Voucher Copy Retrieval fee LKR 850.00
16 Cheque Return – Refer to drawer LKR 2,000.00 + Postage
17 Cheque Return – Other Reasons LKR 1,000.00 + Postage
18 Lost card Replacement fee LKR 1,000.00
19 Overseas Courier Fee LKR 4,000.00
20 Permanent Limit Enhancement Fee LKR 500.00
21 Temporary Enhancement Fee LKR 750.00
22 Fuel Surcharge 1%
23 Overseas Transactions All overseas transactions will be converted using VISA International exchange rates. In order to mitigate local exchange rate movements, an additional amount (minimum of 7.0%**) will be included to the rate at the time of billing. ** Rates are subjected to market rate fluctuations.
24 Processing Fee In order to mitigate the risk of exchange rate variances, all Card transactions done at overseas merchants/service providers and websites registered outside of Sri Lanka but billed in Sri Lankan Rupees (LKR) in the form of Dynamic Currency Conversion or Multi-Currency Transactions will attract a Processing Fee of minimum 3.5%** on the LKR transaction value. ** Rates are subjected to market rate fluctuations.

GOLD CREDIT CARD

No Description Charge / Fee - LKR
1 Credit Limit LKR 75,000.00 to 199,999.99
2 Cash Advance Limit 40% of the Credit Limit
3 Interest Rate %p.a. 30.00% w.e.f. 01-May-2022
4 Joining Fee LKR 1,250.00
5 Annual Fee LKR 2,500.00
6 Supplementary Card Fee LKR 1,250.00
7 Interest Free days on purchases (maximum) 51Days. (Interest Free days are applicable only when full settlement is made monthly and is not applicable for Cash Advances).
8 Late payment fee LKR 1,500.00
9 Excess Limit fee LKR1,250.00
10 PIN Re. Issue fee LKR 200.00
11 Cash Advance Fee LKR 700.00 or 4% (which ever is higher)  
12 Handling Fee - Paper Statements LKR 100.00 per month
13 Statement copy fee LKR 400.00
14 Confirmation Letter Issuing Fee Same day service - LKR 2,000.00;
Normal Service - LKR 1,000.00
15 Voucher Copy Retrieval fee LKR 850.00
16 Cheque Return – Refer to drawer LKR 2,000.00 + Postage
17 Cheque Return – Other Reasons LKR 1,000.00 + Postage
18 Lost card Replacement fee LKR 1,000.00
19 Overseas Courier Fee LKR 4,000.00
20 Permanent Limit Enhancement Fee LKR 500.00
21 Temporary Enhancement Fee LKR 750.00
22 Fuel Surcharge 1%
23 Overseas Transactions All overseas transactions will be converted using VISA International exchange rates. In order to mitigate local exchange rate movements, an additional amount (minimum of 7.0%**) will be included to the rate at the time of billing. ** Rates are subjected to market rate fluctuations.
24 Processing Fee In order to mitigate the risk of exchange rate variances, all Card transactions done at overseas merchants/service providers and websites registered outside of Sri Lanka but billed in Sri Lankan Rupees (LKR) in the form of Dynamic Currency Conversion or Multi-Currency Transactions will attract a Processing Fee of minimum 3.5%** on the LKR transaction value. ** Rates are subjected to market rate fluctuations.

PREMIUM CREDIT CARDS

No Description Charge / Fee - LKR
1 World Mastercard Credit Card Click Here
2 Visa Signature Credit Card Click Here

FREEDOM CREDIT CARD

No Description Charge / Fee - LKR
1 Credit Limit LKR 50,000.00 and above
2 Cash Advance Limit 40% of the Credit Limit
3 Interest Rate %p.a. 30.00% w.e.f. 01-May-2022
4 Fees No fees applicable except for the Maintenance Charge*
5 Spend Commitment
5.1 Minimum Commitment LKR 10,000.00 per month.
5.2 Maintenance Charges If minimum Spend Commitment is not met - LKR 750.00
6 Fuel Surcharge 1%
7 Overseas Transactions All overseas transactions will be converted using the applicable Telegraphic Transfer (TT) exchange rate of the Bank at the time of billing. In order to mitigate local exchange rate movements, the final billing amount will consist of an additional amount of minimum 7.00%**, apart from the initially authorized amount. ** Rates are subjected to market rate fluctuations.
8 Processing Fee In order to mitigate the risk of exchange rate variances, all Card transactions done at overseas merchants/service providers and websites registered outside of Sri Lanka but billed in Sri Lankan Rupees (LKR) in the form of Dynamic Currency Conversion or Multi-Currency Transactions will attract a Processing Fee of minimum 3.5%** on the LKR transaction value. ** Rates are subjected to market rate fluctuations.

HOUSING LOAN CHARGES

No Description Charge / Fee - LKR
1 Processing Fee 0.5% of Loan Amount Minimum LKR 2,500.00 to Maximum LKR 50,000.00
2 Mortgage Bond
2.1 Up to LKR 3,000,000.00 1% of Loan amount -,Maximum LKR 30,000.00
2.2 LKR 3,000,000.00 to LKR 10,000,000.00 LKR 30,000.00 + 0.5% to the balance Loan Value e.g. If Loan amount = LKR 5Mio Charges = LKR 30,000.00 + (LKR 2Mio x 0.5%)
2.3 Above LKR 10.00Mio LKR 65,000.00 + 0.25% to the balance Loan Value e.g If Loan amount = LKR 12Million Charges = LKR 65,000.00 + (LKR 2Million x 0.25%)
2.4 VAT Mortgage Charges x 12%
2.5 Mortgage Bond Total = Mortgage Charges + VAT
3 Stamp Duty
3.1 Purchase or Construction of a House - Below LKR 3,000,000.00 No Charges
3.2 Purchase or Construction of a House - Above LKR 3,000,000.00 0.1% of Loan Amount
3.3 For Transfer deeds - Up to LKR 100,000.00 3.0% of Transfer deed value
3.4 For Transfer deeds - Above LKR 100,000.00 4.0%of Transfer deed value
4 Insurance Policies
4.1 Title Insurance Policy On evaluation requirement.
4.2 Mortgage Policy Mandatory
4.3 Fire Insurance At the time of purchasing a House *Completed Or Under Construction

IMPORTS & EXPORTS

No Description Charge / Fee - LKR
1 Import LC opening Commission
1.1 LKR 0.3% first 3 months, Min - LKR4,000.00,
0.15% additional month or part thereof
1.2 FCY Sight
2% first 3 months, Min - LKR4,000.00
0.4% additional month or part thereof
Usance
2% first 3 months, Min - LKR4,000.00
0.5% additional month or part thereof
2 Acceptance Commission 0.5% first 3 months, 0.15% additional month or part thereof
Min – LKR4,500.00
3 Standby Letter of Credit – Issuance Commission 0.5% per quarter,
Min – LKR5,000.00
4 Issuance of Shipping Guarantee
4.1 LC 0.4% flat on 100% of the Invoice value up to 30 days of issuance of Guarantee,
Min – LKR 7,500.00
4.2 Collection 0.5% flat on 100% of the Invoice value up to 30 days of issuance of Guarantee,
Min – LKR 7,500.00
5 Commission on import bills for collection
5.1 Bank to Bank DP: 3%, Min - LKR 10,000.00,
DA: 3%, Min - LKR 10,000.00
5.2 Drawer to Bank DP: 3%, Min - LKR 10,000.00,
DA: 3%, Min - LKR 10,000.00
6 Advising of Letter of Credit Customers - LKR 2,500.00
Non- Customers - LKR 5,000.00
7 Negotiation of Export Bills - Sight/Usance Commission – LKR5,000.00 flat
FCY - 0.25% of the Bill Value,
Min - USD35.00
8 Purchase of Export Bills - Sight/Usance Commission – LKR4,000.00 flat
FCY - 0.25% of the Bill Value,
Min - USD35.00
9 Collection of Export Bills - Sight/Usance Commission - 0.25% of the Bill value,
Min - LKR3,000.00
Min - USD30.00

OTHERS

No Description Charge / Fee - LKR
1 Cash deposits during extended/weekend banking hours Up to LKR 3 Million per account, per day - free of charge. Above LKR 3 Million per account, per day - 0.0375% (Min LKR 500) (Amount in excess of LKR 3 Million)
2 SLIPS charges processed by diskette LKR 25.00
3 SLIPS charges processed manually LKR 50.00
4 CEFTS over the counter transactions LKR 100.00
5 RTGs charges LKR 1,000.00
6 Facility documentation fee (loans/ ODs/ LCs etc)
6.1 Cash backed facilities LKR 1,000.00
6.2 Other facilities 0.5% minimum LKR 2,000.00 & maximum LKR 200,000.00
6.3 Renewal of facilities 50% of the above
7 Bank Guarantees Full cash margin (Int bearing) - 1% minimum LKR 3,000.00 | Full cash margin (Non int bearing) - LKR 2,500.00
8 Balance Confirmation for Income Tax and Audit purposes LKR 500.00

PRE PAID CARD

No Description Charge / Fee - LKR
1 Issuance Fee
1.1 Pre Paid - Individual LKR 300.00
1.2 Pre Paid - Corporate LKR 500.00
1.3 Travel - Individual LKR 600.00
1.4 Travel - Corporate LKR 750.00
2 Loading Fee
2.1 Pre Paid LKR 50.00