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Important Information
Products offered by Bank of Ceylon, Sri Lanka are not authorised and regulated by the FCA/PRA. Therefore rules made under the Financial Services and Markets Act 2000 for the protection of customers do not apply. Protection afforded by the UK regulatory system, including the Financial Services Compensation Scheme (FSCS) will not apply.

Bank of Ceylon (UK) Ltd only acts as an introducer to Bank of Ceylon, Sri Lanka.


Fixed Deposits

Place your money for a fixed period of time and enjoy the certainty of knowing exactly how much interest you are going to earn.

  • Deposits can be fixed for 3,6 or 12 months
  • The interest rate is fixed throughout the term of the deposit
  • Minimum deposit £ 1,000 or equivalent in other currencies
  • Withdrawals are usually not allowed and will be subject to a fee in accordance with our tariff. However, if funds are required before the maturity date you will still receive interest at the normal savings rate.
  • Interest on deposits will be paid at maturity after deduction of income tax

Interest Rates

GBP Deposits

Amount 3 Months 6 Months 12 Months
  Gross /AER* Gross /AER* Gross /AER*
Below £24,999 0.30% 0.35% 0.40%
£25,000 - £49,999 0.35% 0.40% 0.45%
£50,000 & Above 0.40% 0.45% 0.50%

USD Deposits

Amount 3 Months 6 Months 12 Months
  Gross /AER* Gross /AER* Gross /AER*
Below $10,000 0.10% 0.20% 0.50%
$10,000 - $24,999 0.20% 0.30% 0.55%
$25,000 - $49,999 0.25% 0.35% 0.60%
$50,000 & Above 0.35% 0.45% 0.65%

* Interest paid on AER basis.

For More Details

Contact:

Udeni Perera
0203 195 5202
Click here to email


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Bank of Ceylon (UK) LTD is Authorised By The Prudential Regulation Authority And Regulated By The Financial Conduct Authority And The Prudential Regulation Authority (PRA Reference no. 514744) Registered In England and Wales (Company Registration No. 06736473). Registered address and Head Office: 1 Devonshire Square, London EC2M 4WD