Introduction

Permission to engage in money changing business is granted under the provisions of the section 5 (1) (a) of the Exchange Control Act (ECA) No. 24 of 1953 subject to certain terms and conditions.

Authorized Money Changers are permitted to:

  • Purchase foreign currency against Sri Lanka rupees
  • Encash Traveller's Cheques
  • Exchange foreign currency for any other foreign currency and
  • Only selected Authorized Money Changers can engage in selling foreign currency against Sri Lanka rupees