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SBP issues fresh currency notes for Eid from June12

byCT Report
08/06/2017
in Business
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KARACHI: State Bank of Pakistan (SBP) has announced that it will issue fresh currency notes to general public from June 12to exchange with old ones for Eid-ul-Fitr celebrations.

The SBP in collaboration with Pakistan Banks Association (PBA) established SMS short code 8877 for issuing fresh currency notes, which will be issued during June 12 to 23.

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The SBP said that a person intending to get new currency notes should send message to 8877 along with his CNIC number and branch code of selected bank. The system will respond with sending transaction number and branch address.

The subscriber should present his original CNIC at the time of receiving fresh currency notes. Each subscriber can exchange and get three packages of Rs10, and each package of Rs50 and Rs100. The SBP said that this facility will be available at 1,000 commercial bank branches and SBP offices located in 120 cities.

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