TRANSACTION VALUE LIMIT FOR SLIPS

Further to the Operating Instruction Circular No 11/2010 issued by the Lanka Clear Pvt Ltd, please note that the SLIPS transaction value limit has been set at LKR 5 million with effect from 25 October 2010 for all transaction types.

Any transaction beyond the value of LKR 5 million would need to be routed via Real-time Gross Settlement (RTGS) where the standard charges would be applicable.