A month ago BBC NEWS predicted some banks in Sri Lanka are collapsing or on the verge of collapsing. Your government is limiting foreign transactions. They said if banks paid out 10% of their deposits that the bank would close the next day! Therefore they are trying to prevent the banks from closing by limiting your transactions.
True, at times (not all the time), SOME banks (not all banks in Sri Lanka), limit payments. Other Sri Lankans have said Sampath Plc and Hatton National Plc don't limit transactions. It seems like the problem is Central Bank/ government banks.
klhmdg • Volunteer Community Mentor
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