Reverse REPOs

An agreement is reached when there is a commitment by the seller or dealer to buy a security from the purchaser or customer at a specified price at a specified future date. When this agreement is made from the customer’s perspective, it is referred to as a Reverse Repo

Eligibility:

• Individual customers and Corporate Bodies incorporated in Sri Lanka.

Document Required:

• Personal:
  • Master Repurchase Agreement
  • National Identity Card Copy
  • Client Registration Form
  • Facsimile/ Email Authority
  • KYC Form
  • Investor data request form
  • Application

• Corporate bodies:
  • Master Repurchase Agreement
  • National Identity Copies of Directors
  • Client Registration Form
  • Facsimile / Email Authority
  • KYC Form
  • Investor Data request form
  • Application
  • Authorized Signatories List
  • Company Board Resolution
  • Certificate of Incorporation
  • Certified Copy of Articles of Association
  • Form 1 - Registration of a Company