Inward Investment Accounts (IIA) are specially designed for foreign currency depositors, ideal for non-Sri Lankan citizens and non resident Sri Lankan citizens. It is the best way to enjoy higher interest rates on your foreign currency. If you’re looking to capitalize on opportunities in the currency markets, IIA offers you an easy and flexible way to invest in foreign currencies, offering you a total tax free return.
In the case of Inward Investment Accounts (IIA) the minimum required to open an account will be USD 10,000/- or equivalent in other foreign currencies. Interest will be paid for IIA accounts only if the minimum balance of USD 10,000/- or equivalent is maintained.