Open a PFC Account in Sri Lanka with BOC Today & watch your investment Grow!

A PFC Account, or Personal Foreign Currency Account (PFCA), previously known as an NRFC Account in Sri Lanka, may be opened in the form of a Savings Account, Fixed Deposit Account, or Current Account (without cheque drawing facility) in the following designated foreign currency in the domestic banking unit.

                    USD  -  US Dollar
                    GBP  -  Sterling Pounds
                    EUR  -  Euro
                    JPY   -  Japanese Yen
                    AUD  -  Australian Dollar
                    CHF  -  Swiss Frank
                    CAD  -  Canadian Dollars
                    SGD  -  Singapore Dollars
                    NZD  -  New Zealand Dollar
                    CNY  -  Chinese Renminbi

We also offer PFC Accounts in Sri Lanka for those employed overseas, but want to maintain their accounts in their home country, offering the best interest rates in the market for foreign currency accounts.

  • No initial deposits
  • No minimum balance
  • No service charges
  • For Fixed Deposit     
    » Minimum value of USD 1000/-or equivalent
    » FDs are opened only for those who maintain PFCA Saving  accounts and Current Accounts    
    » Fund transfers on opening and closing of fixed deposits to be made only through PFCA Savings or current account
  • For the Current Accounts    
    » Cheque Books and overdrawn facilities (OD) not available

 

Rate of Interest for PFC Accounts 

Rates and Tariff → Foreign Currency Savings Deposits
 

Eligibility
  • An individual including a minor who is a Sri Lankan national
  • An individual of Sri Lankan origin including a minor who is a resident outside Sri Lanka
  • A non-national resident in Sri Lanka including a minor
  • A non-national either on a temporary visit to Sri Lanka or intending to visit Sri Lanka
  • An administrator or executor of the estates of a deceased person, who maintained a Personal Foreign Currency Account (PFCA) with that authorised dealer or restricted dealer until the completion of the administration of the deceased person's estate

Note: Eligible minors will be offered a separate account called PFCA Minor 

Benefits of opening a PFC Account with BOC
  • Life Insurance Scheme up to Rs. 1,000,000.00
  • Permanent disability due to accident up to Rs. 500,000.00
  • Baggage Insurance Cover up to Rs. 50,000/-
  • International Visa Debit Card with zero joining fee
  • Higher exchange rates when converting to rupees
  • No commissions for credit to accounts
  • E-banking facility
  • Instant loan facilities against PFCA balances
Documents

Contact your nearest BOC Branch to inquire about our PFC Accounts today!

For any assistance 

Foreign Circle 
International Customer Service Support Unit

+94 11 220 3859 
+94 11 220 3860 
+94 11 220 3886 
+94 11 220 3887 

 
+94 707 203203 
+94 707 204204 
+94 707 205205

fc@boc.lk