Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

SBP directed to ensure availability of cash at all ATMs

byCT Report
04/07/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Federal Ombudsman has directed State Bank of Pakistan (SBP) to ensure availability of cash and security at all Automated Teller Machines (ATMs)

Taking cognizance of the miseries of about thousands of Overseas Pakistanis are visiting their families to celebrate Eid with them and government and private sector employees who are rushing to get the money from ATMs installed by the banks, the Wafaqi Mohtasib has instructed the State Bank of Pakistan to take appropriate remedial measures. In a letter issued to the Governor SBP, Hafiz Ahsaan Ahmed Khokhar, Senior Advisor (Law) and Grievance Commissioner for Overseas Pakistanis has pointed out that it was being observed that the ATMs either do not work or were found out-of-cash. There are frequent complaints against ATMs’ poor functioning.

You might also like

CCP approves PIA acquisition by Arif Habib-led consortium

30/04/2026

PSO profit surges past Rs38bn in first nine months

29/04/2026

Customers using ATMs have been facing many issues including misreporting about the cash; deduction of cash during a transaction but no delivery of cash to the customer, and frequent ‘link down’, ‘ATM is out of order’ or ‘your bank failed to respond’ messages. It is commonly observed that ATMs stop working during the first week of each month. He asked the governor, SBP issue instructions to all banks of Pakistan and to take remedial measures for local and Overseas Pakistanis for ensuring the availability of cash and security in all ATM of banks during Eid-ul-Fiter Holidays throughout Pakistan.

Related Stories

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

PSO profit surges past Rs38bn in first nine months

byCT Report
29/04/2026

ISLAMABAD: Pakistan State Oil (PSO) has reported profit exceeding Rs38 billion during the first nine months of the current financial...

Pakistan power circular debt rises Rs224b to Rs1.84 trillion

byCT Report
28/04/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs224 billion during the first eight months of the current fiscal year,...

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

byCT Report
27/04/2026

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...

Next Post

Saad says NAB law needs revision for effective accountability

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.