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Is my money safe in Sri Lanka?

There is really no such thing as a cast-iron, rock-solid, 100% safe saving scheme or investment scheme. If anybody tells you different, don't just take it for granted! Not even government-backed securities are 100% safe event though they are actually risk free. Some savings and some investments are a lot safer than others. But not all your basic bank or other savings account is completely free of risk.

There is a safety net for your money, provided by the Financial Services Compensation Scheme in Sri Lanka. However, no body guarantees your money and savings unless you take care of them at regular intervals.

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