Trade relief measures

To support our clients in Sri Lanka during this difficult time, we have offered a package of relief measures on Trade and Receivables Finance to our clients who are affected by the situation:

  • Up to an additional 60-day extension on trade loans maturing between 20 March and 30 April 2020.
  • Faster turnaround on shipping guarantees.
  • Waiver of amendment fees on import document credits relating to delays due to COVID-19.

Note: Terms and conditions apply.

Please speak to your Relationship Manager if you wish to know more or avail of the trade relief measures listed above.

Cash management relief measures

  • Waiver of setup fees for HSBCnet & security device token charges until 31 Dec 2020.
  • Waiver of late payment fees for Corporate Credit Cards until 30 September 2020.
  • Credit card minimum payment reduced to 2% until 30 September 2020.
  • Fee waiver specific to cheque returns and stop payments until 30 September 2020.
  • Validity period of cheques valued less than LKR500,000 until 31 May 2020.
  • Special deposit accounts now available where higher interest rates are offered.

Note : Terms and conditions apply.

Please speak to your Relationship Manager or Client Servicing Manager for further information.

Relief measures by the Central Bank of Sri Lanka

In line with the decision taken by the Government, the Monetary Board of Central Bank of Sri Lanka has issued a circular to all licensed banks of Sri Lanka to provide relief measures to assist businesses who are affected by the prevailing COVID-19 outbreak. Please speak to your Relationship Manager for more details.

If you need any further clarification on the process, please contact Amesh Dissanayake on +94114451050, Christopher Wijeykoon on +94114451524 or Romesha Gunesekera on +94114451528.

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