Capital Transaction Rupee Account (CTRA)

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What is CTRA?

 

 

All existing Non- Resident Rupee Accounts (NRRAs), Non- Resident Blocked Accounts (NRBAs) and Migrant Blocked Accounts (MBAs) have now merged and re-designated as Capital Transactions Rupee Accounts (CTRAs).
Who can open a CTRA?

 

 

  • An individual Sri Lankan, permanently residing outside Sri Lanka
  • A Sri Lankan dual-citizen
  • A foreign national of Sri Lankan origin
  • A Non National resident outside Sri Lanka
  • A Sri Lankan National resident outside Sri Lanka
  • Firms and Companies registered outside Sri Lanka

 
Capital Transactions – Migrant Allowances

 

 Migration Allowance 

 Limits 
 Initial Migration Allowance (IMA)  USD 50,000 per person
 Annual Migration Allowance  USD 20,000 per person

 



 

 

Capital Transaction Rupee Account (CTRA)

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Do you have more questions?

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0112 462 462

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