{"id":85153,"date":"2022-01-27T02:41:32","date_gmt":"2022-01-27T02:41:32","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=85153"},"modified":"2022-01-27T02:41:32","modified_gmt":"2022-01-27T02:41:32","slug":"tourist-payments-three-new-regulations-from-central-bank-2","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/tourist-payments-three-new-regulations-from-central-bank-2\/","title":{"rendered":"Tourist payments  Three new regulations from Central Bank"},"content":{"rendered":"<h1 class=\" loop-title\" style=\"text-align: center;\"><span style=\"font-size: 24px; color: #000080;\">Tourist payments : Three new regulations from Central Bank<\/span><\/h1>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-85154\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/01\/Tourist-payments-Three-new-regulations-from-Central-Bank-e1643250834372.jpg\" alt=\"Tourist payments Three new regulations from Central Bank\" width=\"600\" height=\"399\" \/><\/p>\n<p><span style=\"color: #000000; font-size: 16px;\"><strong><span style=\"color: #800000;\">Source:<\/span><a style=\"color: #000000;\" href=\"https:\/\/www.newswire.lk\/2022\/01\/24\/tourist-payments-three-new-regulations-from-central-bank\/\" target=\"_blank\" rel=\"noopener\">newswire.lk<\/a><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\"><strong>Statement from Central Bank<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\"><strong>CENTRAL BANK MAKES IT MANDATORY FOR HOTEL SERVICE PROVIDERS TO ACCEPT PAYMENTS FROM PERSONS RESIDENT OUTSIDE SRI LANKA IN FOREIGN EXCHANGE<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The Monetary Board of the Central Bank of Sri Lanka issued Rules making it mandatory for hotel service providers to accept payments from persons resident outside Sri Lanka, only in foreign exchange.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">These Rules are published in the Gazette Extraordinary No. 2263\/41 dated 21 January 2022.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">With the issuance of the Rules, hotel service providers registered with and licensed by the Sri Lanka Tourism Development Authority are required to;<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u2022 Accept payments for services rendered to persons resident outside Sri Lanka only in foreign exchange.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u2022 Deposit such foreign currency into a Business Foreign Currency Account of the hotel service provider or sell to a licensed bank within three business days.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u2022 Credit payments into a Business Foreign Currency Account of the hotel service provider, in the event such person resident outside Sri Lanka makes payments using an Electronic Fund Transfer Card (Credit Card, Debit Card, Travel Card, etc.).<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">At the same time, hotel service providers may accept payments in Sri Lanka Rupees from persons resident outside Sri Lanka provided they submit original documentary evidence to prove that such Sri Lanka Rupees represent the foreign currency brought into Sri Lanka and converted through a licensed bank or an authorized money changer.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tourist payments : Three new regulations from Central Bank Source:newswire.lk Statement from Central Bank CENTRAL BANK MAKES IT MANDATORY FOR HOTEL SERVICE PROVIDERS TO ACCEPT PAYMENTS FROM PERSONS RESIDENT OUTSIDE SRI LANKA IN FOREIGN EXCHANGE The Monetary Board of the Central Bank of Sri Lanka issued Rules making it mandatory for hotel service providers to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":85154,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20,35513],"tags":[8927,41404],"class_list":{"0":"post-85153","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"category-elanka-finance","9":"tag-central-bank","10":"tag-tourist-payments","11":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - 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