HELLO GUYS, MOST OF YOU USE CRDIT CARDS/DEBIT CARDS/WEB CARDS ONLINE.
But the use of these cards are restricted only for the following purposes.
I TOOK THIS DIRECTLY FROM A CENTRAL BANK PUBLICATION
It has been stipulated in the Government Gazette Notification No.1411/5 of 19th September, 2005 that any EFTC with global access shall be used to make foreign currency payments only for following purposes. (Copy of the above gazette is given in the Annex XI).
• Payment to be made abroad by a cardholder for services of a personal nature including travel, accommodation, medical, living and educational expenses.
• Payment for purchase of goods abroad for personal use.
• Payment for import of goods into Sri Lanka for personal use subject to a limit of
US$3,000 (c.i.f) or its equivalent in any other foreign currency per consignment.
• Payment of registration fees, examination fees and annual subscription fees of a personal nature payable to a foreign professional body or academic institution.
• Payment to be made in respect of insurance premium only for travel and health insurance of personal nature.
ALL THE OTHER TRANSACTIONS ARE ILLEGAL.
But the use of these cards are restricted only for the following purposes.
I TOOK THIS DIRECTLY FROM A CENTRAL BANK PUBLICATION
It has been stipulated in the Government Gazette Notification No.1411/5 of 19th September, 2005 that any EFTC with global access shall be used to make foreign currency payments only for following purposes. (Copy of the above gazette is given in the Annex XI).
• Payment to be made abroad by a cardholder for services of a personal nature including travel, accommodation, medical, living and educational expenses.
• Payment for purchase of goods abroad for personal use.
• Payment for import of goods into Sri Lanka for personal use subject to a limit of
US$3,000 (c.i.f) or its equivalent in any other foreign currency per consignment.
• Payment of registration fees, examination fees and annual subscription fees of a personal nature payable to a foreign professional body or academic institution.
• Payment to be made in respect of insurance premium only for travel and health insurance of personal nature.
ALL THE OTHER TRANSACTIONS ARE ILLEGAL.
