The State Bank of Pakistan in collaboration with Pakistan Banks’ Association (PBA) has introduced an SMS service for issuance of fresh currency notes to the general public. We are providing complete details about SBP Fresh Banknotes Issuance Scheme on Eid-ul-Fitr 2016 By SMS Service At E-Branches Special Counters To Disburse Fresh Notes.
The move is aimed at further facilitating the general public in acquiring fresh currency notes on the eve of forthcoming Eid-ul-Fitr. The fresh notes will be available from nominated commercial bank branches called “e-branches”.
SBP Fresh Banknotes Issuance Scheme on Eid-ul-Fitr 2016 By SMS Service At E-Branches
- Check Your Bank E-Branch ID First
- Under the service, a person will send an SMS message to short code 8877 comprising his/her 13-digit CNIC/Smart Card number along with the desired e-branch ID (eg 3830305939875(space)BHK001).
- Branch IDs of nominated branches are available on sbp.org.pk and commercial banks’ websites.
The 150 designated branches will be in addition to the large network of commercial bank branches for which additional fresh currency notes of small denomination will be issued by the field offices of the SBP BSC. It will be the responsibility of the main branches of the commercial banks in the cities where SBP BSC has offices to lift the fresh notes of small denomination and distribute among their branches across the country.
The SBP has issued detailed guidelines to the banks and also put in place a mechanism for monitoring of bank branches to ensure distribution of fresh notes as per plans. SBP will penalize the banks violating these instructions. Stay in touch and have some more schemes on this page.