The Central Bank of Sri Lanka has announced the implementation of Unique Identification Numbers for depositors of licensed banks and licensed finance companies.
CBSL mandated all licensed banks and licensed finance companies to record unique identification numbers for all depositors when opening or maintaining deposit accounts from October 1, 2022, and to update the unique identification numbers of existing depositors.
In May 2024, CBSL issued new Operating Instructions under the Banking (Special Provisions) Act, No. 17 of 2023 for recording depositors’ unique identification numbers, replacing the previous directions issued in this regard.
Further, the deadline for updating the unique identification numbers of existing depositors was extended to December 31, 2024.
Accordingly, depositors must use the following mandatory unique identification numbers when opening or maintaining deposit accounts with licensed banks and licensed finance companies:
