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CBSL warns against misleading overseas property ads

CBSL warns against misleading overseas property ads

24 Jun 2025 | BY Staff Writer

The Central Bank of Sri Lanka (CBSL) has cautioned the public against advertisements promoting unauthorized overseas property investments and foreign loans. 


Under the Foreign Exchange Act, resident individuals may invest abroad only up to $20,000 via Personal Foreign Currency Accounts. 


Business accounts and foreign loans for such purposes are prohibited. 


CBSL warned that violators will face legal action and urged the public to remain alert to misleading ads.


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