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SBP reminds public to exchange of decimal coins of Paisa 1, 2, 5, 10, 25 & 50

byCustoms Today Report
September 16, 2014
in Business
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ISLAMABAD: State Bank of Pakistan (SBP) has reminded the general public to exchange the decimal coins of Paisa 1, 2, 5, 10, 25 and 50 from the field offices of SBP-BSC and commercial/microfinance banks branches by last working day of September 30, 2014.

For awareness of general public, SBP has advised the Commercial/Microfinance Banks to display posters/banners at visible places of their branches for exchange of decimal coins.

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It may be recalled that the federal government has already notified that coins of Paisa 1, 2, 5, 10, 25 & 50 will cease to be legal tender on October 1, 2014. However, it can be exchanged from the field offices of SBP-BSC and branches of banks till September 30, 2014.

Tags: Commercialdecimal coinsMicrofinanceMicrofinance BankspaisaSBPSBP-BSCState Bank of Pakistan

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