Current Account

Eligibility

In the name of sole proprietorships/Limited Liability Companies/ registered in Sri Lanka.

Requirements

• The bank’s standard account opening forms should be completed.
• Initial deposit LKR 250,000/- for corporates.
• Standard Bank Mandate

Features

• Standing Instructions are accepted.
• Statements are issued monthly or as required by customers (for corporate accounts).

Further Information

• Maintained in Sri Lanka Rupees.
• Local/International Automated Teller Machine (ATM) cards can be issued on sole proprietorship accounts.
• Automated Phone banking (ATB)/Business Internet Banking (BIB) is available Utility bill payments can be effected through Automated Teller Machine (ATM) / Automated Phone banking (ATB)/ Business Internet Banking (BIB) by debiting the Current Account.
• No interest is paid on credit balances.
• Automated Teller Machine (ATM) access to these account(s) can be provided also through HSBC Credit Cards(s)

Documentation

SOLE PROPRIETORSHIP/PARTNERSHIP

• Copy of Business Registration (Original to be sighted).
• Copy of NIC/PP of the Sole Proprietor or Partners.
• Preliminary Business Information Form

LIMITED LIABILITY COMPANIES

• Certificate of Incorporation.
• Form 48 / Form 01 / Form 20
• Board Resolution duly signed by The Chairman of the meeting and countersigned by the company secretary.
• Memorandum & Articles of Association.
• Copies of NIC/PP of all directors.
• Preliminary Business Information Form

(All original documents to be sighted by the Bank and copies held)