RFC Savings Accounts

RFC Savings Accounts are ideal for citizens of Sri Lanka, who wish to deposit their valuable foreign currency and earn interest in the same currency. This Savings Account ensures attractive interest rates, along with the option to operate in the currency of your choice from US Dollars, Great Britain Pounds, Australian Dollars and Euros. You also have the option to open a joint account, provided the minimum balance of US$ 100 or equivalent in other designated currencies per person is maintained.

Features at a glance : 

  • A choice of designated currencies in which you can maintain your account 
  • Minimum deposit of US$ 100 or equivalent in any other designated foreign currency
  • A choice between a Savings Account or a Super Savings Account for a higher rate of interest
  • Tax exemption on interest from deposits 
  • Interest is calculated on the daily balance and paid monthly
  • Free ATM card, which can be used at any Commercial Bank ATM centre
  • Maestro international debit card for a nominal free
  • Wide reach with 60+ service centres and 450+ Commercial Bank ATM centres
  • Debits to account are freely allowed for remittances abroad for current international transactions, transfers from one RFC account to another irrespective of the bank and the company where the account is maintained and for payments in Sri Lanka in LKR
  • Permitted credits are inward remittances in foreign currency received in favour of the account holder, funds tranferrs from NRFC/RFC accounts, foreign currency notes received by the account holder subject to declaration of the source and interest payable in foreign currency on funds held in the account

RFC Fixed Deposits 

With a LOLC Finance RFC Fixed Deposit, be assured of the stability and strength we are widely known for and earn higher returns on your foreign exchange. Place your fixed deposit in the currency of your choice for the duration that suits your requirements. No matter what your choice is, we at LOLC Finance are always at hand to help you meet your goals.  

Features at a glance :

  • A choice of designated currencies in which you can maintain your account 
  • Minimum deposit of US$ 100 or equivalent in any other designated foreign currency
  • Tax exemption on interest from deposits 
  • Wide reach with 60+ service centres
  • Interest payable can be remitted to your RFC Savings Account - which will give you access to a host of special benefits
  • Interest can be remitted to other accounts in any bank or financial instituition without any incurring cost 
  • Interest can be collected at maturity (1 year)

CONTACT
General Enquiries:
Phone : +94 11 588 0880
Fax : +94 11 286 5606
Email : lofin@lankaorix.com
Address : 100/1, Sri Jayawardenapura Mawatha, Rajagiriya, Sri Lanka.