Last Updated on Tuesday, 30 November 1999 05:00 Saturday, 27 August 2011 13:25
ISLAMABAD (APP) - State Bank of Pakistan and all its offices of Banking Services Corporation including Public Debt Offices will remain closed from August 31 to September 3, (Wednesday to Saturday) being public holidays declared by the Federal Government on account of Eid-ul-Fitr.
Commercial banks on the directives of State Bank of Pakistan (SBP) have already started issuing fresh currency notes of different denominations to its clients. A spokesman of the State Bank of Pakistan (SBP) said the central bank has issued directives to all commercial banks to provide fresh currency notes to its clients during the holy month of Ramzan.
He said that about 9000 branches of commercial banks were passed on this order for the distribution of fresh currency notes of all denominations to general public.
For this purpose, the SBP Banking Service Corporation has also made elaborate arrangements to supply adequate quantity of fresh currency notes particularly of small denominations including Rs 10 to Rs 100 to commercial banks.
He said that branches of commercial banks were directed to start issuing only one packet each of Rs 10 and Rs 20 denomination of fresh currency notes to every visiting person including account holders from August 18 till the last working day before Eid-ul-Fitr or until the stock ends on the provision of a copy of Computerized National Identity Card (CNIC).
The bank branches were also directed to issue maximum five packets each of Rs 10 and Rs 20 denomination of fresh currency notes to their corporate clients on receipt of request on the company s letter head duly signed by the authorized representative.
In this connection, SBP has also established a help desk to receive and redress public complaints regarding getting fresh currency notes from commercial banks, the spokesman said and added that people can contact help desk through telephone number 021-32455454 and 021-32455470.
Forex open Market rates & comments Archive