- Demand Deposits
If your annual turnover is over Rs1Bn you may open a current account at our Corporate Branch. Initial deposit is Rs. 250,000/-( A daily minimum balance of Rs 250,000/= to be maintained)
In order to open an account, you need to submit the documents listed below
» Limited Liability
› Mandate
› Certificate of Incorporation
› Form 01, Form 20, Form 13, and Form 15
› Articles of Association
› Board Resolution
› Customer Due Diligence (CDD Form) – Non-personal
› Customer registration form for individual directors with NIC copies
› CDD form – personal for directors
› Tax information certificate
› Declaration of Beneficial Ownership
› Fax indemnity
› E-statement facility request
› Signature cards
» Partnership Accounts
› Certificate of registration of a firm
› Other relevant documents
» Government Accounts
› Parliament Act/Gazette
› Other relevant documents
» Joint Venture Accounts
› Joint Venture Agreement
› Other relevant Documents
» Escrow Accounts
› Escrow Agreement
› Other relevant documents
- Fixed Deposit Accounts (LKR)
Deposit Periods: 1 month, 3 months, 12 months, 2 years, 5 years
(Conditions apply)
% Rate of Interest
- Seven Day Call Deposits
Interest paid on withdrawals with 7 days’ notice
% Rate of Interest
| Corporate Branch FD Unit | ✆ 011 220 3107 | ✉ csm660@boc.lk |
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