Non-FATCA Banks in Sri Lanka



Don’t rely on this quick-reference guide, whatever you do! Check IRS website for a FATCA GIIN. Also check whether an intergovernmental agreement is in effect: TREASURY

The U.S. Department of the Treasury makes a show of all the jurisdictions entering into IGA’s and all the FATCA-registered FFI’s but for some strange reason they do NOT make it easy to find the jurisdictions without IGA’s or the banks in those jurisdictions that do NOT participate in FATCA.

The list of banks was taken from this page on the central bank’s website.

If it shows a GIIN then they are FATCA registered.
Name of a financial institution
A FATCA-registered financial institution with a similar name
Amana Bank Ltd UILPF3.99999.SL.144
AMANA BANK LIMITED
Sri Lanka
Axis Bank Ltd KFG0BR.99999.BR.144
Branch
Sri Lanka
Bank of Ceylon WH2Q9Y.00000.LE.144
Bank of Ceylon
Sri Lanka
Bank of Sri Lanka NONE
Cargills Bank Ltd. CTMHX6.99999.SL.144
Cargills Bank Limited
Sri Lanka
Citibank, N.A. NONE
Commercial Bank of Ceylon PLC 3TU322.00000.LE.144
Commercial Bank of Ceylon PLC
Sri Lanka
Deutsche Bank AG Y0M5J7.00000.BR.144
Branch
Sri Lanka
DFCC Bank 1I2EIZ.99999.SL.144
DFCC Bank
Sri Lanka
DFCC Vardhana Bank PLC ZNFQPB.99999.SL.144
DFCC Vardhana Bank PLC
Sri Lanka
Habib Bank Ltd GRM1UC.00000.BR.144
Branch
Sri Lanka
Hatton National Bank PLC 8SKTGL.99999.SL.144
HATTON NATIONAL BANK PLC
Sri Lanka
Housing Development Finance Corporation NONE
ICICI Bank Ltd HKCAP7.99999.SL.144
ICICI BANK LIMITED
Sri Lanka
Indian Bank L3HJKL.99999.SL.144
INDIAN BANK
Sri Lanka
Indian Overseas Bank 03MK1C.00000.LE.144
INDIAN OVERSEAS BANK
Sri Lanka
Lankaputra Development Bank Ltd NONE
MBSL Savings Bank Ltd NONE
MCB Bank Ltd 038K75.00000.BR.144
Branch
Sri Lanka
National Development Bank PLC 7GEBNF.99999.SL.144
NATIONAL DEVELOPMENT BANK PLC
Sri Lanka
National Savings Bank 7SN7I1.99999.SL.144
NATIONAL SAVINGS BANK
Sri Lanka
Nations Trust Bank PLC 0RH979.99999.SL.144
Nations Trust Bank PLC
Sri Lanka
Pan Asia Banking Corporation PLC HBBPUU.99999.SL.144
Pan Asia Banking Corporation PLC
Sri Lanka
People’s Bank MG2BQR.99999.SL.144
People's Bank
Sri Lanka
Pradeshiya Sanwardhana Bank NONE
Public Bank Berhad 1LDWU2.00000.BR.144
Branch
Sri Lanka
Sampath Bank PLC FGUH9W.99999.SL.144
Sampath Bank PLC
Sri Lanka
Sanasa Development Bank PLC NONE
Seylan Bank PLC 2Q3V5Z.99999.SL.144
SEYLAN BANK PLC
Sri Lanka
Sri Lanka Savings Bank Ltd NONE
Standard Chartered Bank T04M9Y.00000.BR.144
Branch
Sri Lanka
State Bank of India 7WQ4KW.99999.SL.144
STATE BANK OF INDIA, Sri Lanka Operation
Sri Lanka
State Mortgage & Investment Bank NONE
The Hongkong & Shanghai Banking Corporation Ltd 4RI52Y.00000.BR.144
Branch
Sri Lanka
Union Bank of Colombo PLC 7858E4.99999.SL.144
Union Bank of Colombo PLC
Sri Lanka
The boundaries of the United States of America are the boundaries of the United States of America.

Around the world, people are learning that they are “citizens” of the U.S.A., and faced with criminal charges and devastating financial penalties for failing to report to Washington, D.C. their local bank accounts, when they don’t even live in the United States, and under the laws of their country, they are citizens only of their country.

Complicating the problem is that the U.S. Supreme Court gave them back their citizenship even if they did not want it. The court ruled in a manner consistent with U.S. Constitution, Amendment 14, which says:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States, and of the State wherein they reside.


But how can a country unilaterally acquire the authority to tax people overseas? These people are no more U.S.A. “citizens” than U.S. Senator Ted Cruz was a “Canadian” when he learned in 2013 that he was still a citizen of Canada under Canadian law.

The fee to renounce U.S. citizenship is $2,350.00 and they require five years of tax returns and sometimes an exit tax, and in some cases they keep taxing for ten more years. This is unacceptable.

If they want money they should repeal the income tax and use a federal sales tax, based on domestic consumption, which does not invade personal privacy. If you pay with cash there is no paper trail revealing what you buy, so why should there be a paper trail showing how much money you have, or make? Cars built overseas and sold in the U.S.A. would be taxed in the U.S.A., making the U.S.A. more competitive.



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