title: Sri Lanka — Payments and banking: Can we move player money? | advennt.io canonical: https://advennt.io/jurisdictions/sri-lanka/payments/ [Jurisdictions](https://advennt.io/jurisdictions/) [Sri Lanka](https://advennt.io/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 →](https://advennt.io/jurisdictions/sri-lanka/) 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 … ## Full section analysis 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.