Tag: Not mandatory for worker remittances to convert into LKR; CBSL asks banks to strictly adhere to rules
Not mandatory for worker remittances to convert into LKR; CBSL asks banks to strictly adhere to rules
Central Bank emphasizes that it is not mandatory for Sri Lankans working abroad to convert their remittances into LKR and migrant workers who channel their earnings through Licensed Banks and other formal channels may even hold such funds in foreign exchange at any commercial bank. Releasing a statement, the bank said that the recent rules […]