The GRA Act requires all gambling transactions to be made in Sri Lankan rupees or through approved payment gateways, with crypto-based betting excluded. CBSL historically directed banks to restrict gambling-related card transactions and MCC 7995 treatment was restrictive; post-2022 FX controls have progressively eased. Offshore betting platforms are cited as a channel for capital outflow and FX loss, a key policy concern.
Jurisdictions › Sri Lanka › Payments and banking
Sri Lanka · Question 06 of 11
Payments and banking: Can we move player money?
Unfavourable · Uncertain · AI-generated · Back to full Sri Lanka report →
Key section parameters
| Jurisdiction | Sri Lanka (LK) |
|---|---|
| Regulator | Recorded in register |
| Favourability | Unfavourable |
| Confidence | Uncertain |
| Review status | AI-generated |
| Last collected | 18 Oct 2026 |
Summary answer
The GRA Act requires all gambling transactions to be made in Sri Lankan rupees or through approved payment gateways, with crypto-based betting excluded. CBSL historically directed banks to restrict gambling-related card transactions and MCC 7995 treatment was restrictive; post-2022 FX controls have …