RAWALPINDI: The State Bank of Pakistan (SBP) will issue fresh currency notes to general public from June 1 to exchange with old ones for Eid-ul-Fitr celebrations, a statement issued by the bank said on Tuesday.
The central bank in collaboration with the Pakistan Banks Association (PBA) set up SMS short code 8877 for issuing fresh currency notes, which will be issued during June 1 to 14, it added.
According to a notification, a person intending to get new currency notes would send message to 8877 along with his CNIC number and branch code of the selected bank. The system will respond with sending transaction number and branch address.
Charges of sending an SMS to 8877 are Rs15 (plus tax). Under the SMS service, each CNIC number and mobile phone number can only be used once.
No transaction code will be issued to senders if they send same CNIC / smart card number from different mobile numbers or addresses, it said.
A help desk has also been established at (021)- 111-008-877 to entertain queries / complaints of general public.
The subscriber would have to present his original CNIC at the time of receiving fresh currency notes. The notification also said each subscriber can exchange and get three packets of Rs10, and one each package of Rs50 and Rs100. This facility will be available at 1,535 commercial bank branches and the SBP offices located in 132 cities, it added.
Sheikh argued that the government should have maintained stable petroleum prices
MARI has successfully drilled and tested the third appraisal well in the Ghazij formation in the Mari D&PL
Gold rates decreased by $17 to $2,395 per ounce in the international market
Company's revenue saw a 13.9% year-on-year increase, reaching Rs49.2 billion, up from Rs43.19 billion in the same...
A man counts US dollars in a money exchange shop in Dhaka. — AFP/FileLAHORE: The first thing that the government...
Power generation stood at 8,741 gigawatt-hours or 11,749 megawatts in March
