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SAVINGS ACCOUNT – DOMESTIC UNIT (LCY)
Banking Accounts

Eligibility

  • Sole proprietorships/partnership/Limited Liability Companies registered in Sri Lanka.

Requirements

  • Bank’s standard account opening forms should be completed.
  • Initial deposit LKR 250,000 for corporate.
  • Bank’s Standard Mandate

Features

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

Further Information

  • Maintained in Sri Lanka Rupees.
  • Local/ International Automated Teller Machine (ATM) cards can be issued on sole proprietorship account.
  • Automated PhoneBanking (ATB) / Business Internet Banking (BIB) is available Utility bill payments can be effected through Automated Teller Machine (ATM) / Automated Phonebanking (ATB) / Business Internet Banking (BIB) by debiting the Current Account.
  • Interest is paid on a credit balances.
  • Automated Teller Machine (ATM) access to these account(s) can be provided also through HSBC Credit Card(s)

Documentation

Sole Proprietorship / Partnership

  • Copy of Business Registration (Original to be sighted)
  • Copy of NIC/ PP of the sole Proprietor or Partners.

 

Limited Liability Company

  • Certificate of Incorporation
  • Form 48
  • Board Resolution duly signed by The Chairman of the meeting and countersigned by the company secretary
  • Memorandum & articles of Association ( All original documents to be sighted by the Bank and copies held )
  • Copies of N I C / Passport of all Directors