Financial Times

CB account for cash donations to relief effort

 

The government has opened a special account to accept donations for relief and resettlement of war displaced people. Money can be sent to the account in any currency.

“All such contributions will be collected at the special account maintained at the Central Bank of Sri Lanka, for and on behalf of the Ministry of Finance of Sri Lanka. Funds available in this account will fall under the direct authority of the Deputy Secretary to the Treasury (DST) and the DST will utilise these funds for activities relating to identified relief and resettlement operations,” said a statement from the Central Bank this week.

Donations to the account are exempted from Sri Lanka income tax and contributions over US $ 100 or its equivalent will be acknowledged by the DST upon realisation. Contributions in kind are not accepted, said the statement.

Arrangements have been made to receive foreign currency and rupee donations to the Fund A/c. No. 4237 maintained at the Central Bank of Sri Lanka through SWIFT, Telegraphic Transfers, Bank Drafts, Cheques, Money Orders and credit cards, including online payments.


 
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