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State Bank to issue fresh currency notes via SMS service


State Bank of Pakistan (SBP) has launched an SMS service to concern recent foreign money notes in trade of outdated ones to the general public forward of Eid-ul-Fitr.

The SBP will begin issuance of the brand new foreign money notes by means of SMS service from 1st June until 14th June 2018. Individuals who need to get new foreign money notes must ship SMS his/her ID card quantity together with the specified e-branch to 8877. In keeping with the financial institution, the service prices might be 1.50 + tax per SMS. The individual will obtain an SMS containing redemption code, desired e-branch tackle and the code validity interval. Redemption code obtained might be legitimate for 2 (02) working days as per the talked about dates within the SMS.

The recent foreign money notes might be obtainable on the designated industrial financial institution branches referred to as “e-branches” and sixteen subject workplaces of The SBP Banking Service Company (SBP-BSC). The service might be obtainable in 1535 e-branches in 132 cities throughout Pakistan. The department IDs of designated e-branches can be found at SBP and Pakistan’s Financial institution Affiliation’s (PBA) website.

The client could then go to the involved e-branch alongside along with his/her authentic CNIC, a photocopy of the CNIC and redemption code obtained from 8877 to amass recent foreign money notes. A buyer can acquire three packets of Rs.10/- and one packet every of Rs. 50/- & Rs. 100/- as per availability of inventory.

Additionally it is notified that every CNIC quantity or cell phone quantity can solely be used as soon as. No transaction code might be issued to the sender in case he/she sends the identical CNIC from completely different cell numbers and vice-versa.

For additional particulars, click here.

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