Mode of Payment in Sri LankaSri Lanka Mode of Payment

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Mode of Payment


Sri Lanka Mode of Payment All over Sri Lanka a unified exchange rate for foreign currencies is practised. The rates prevail in accordance with basic exchange market conditions. 100 Sri Lankan cents combine to make a Sri Lankan Rupee. Currency notes of the country are in 10, 20, 50, 100, 500 and 1000 Rs. denominations whereas coins are minted on 5,10, 25, 50 cents and 1,2 and 5 Rs. denominations.


Credit Cards
Hotels and shops in large cities and tourist hotspots accept major credit cards without any surcharge. One can also withdraw cash against reputed credit cards.

Currency Regulations
Law makes it mandatory to declare currency exceeding 10,000 USD to customs.

Travellers Cheques
Banks take nominal fee to change travellers cheques. The fee includes a stamp duty and processing fee. One can also get stolen or misplaced travellers cheques replaced in the Bank of Ceylon.

Telegraphic Transfers
Major banks and agencies provide the facility of Telegraphic Transfers.





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