State Bank introduces modern means to ensure new currency notes on Eid

BusinessState Bank introduces modern means to ensure new currency notes on Eid

ISLAMABAD, Pakistan: Taking full advantage of innovations, State Bank of Pakistan (SBP) has introduced SMS service to facilitate people in acquiring new currency notes to celebrate Eid-ul-Fitr.

As part of steps taken to provide citizens with fresh currency notes, especially with Eid holidays, this facility will be provided through 500 e-branches in 116 cities during Ramazan.

According to information, the aspirants of fresh currency notes need to type CNIC number<space>e-branch ID and send it as an SMS to 8877. Charges of sending an SMS to 8877 are Rs. 2 (plus tax).

In reply to SMS, the customer will get their redemption code, e-branch address and redemption code validity date. The redemption code will be valid for two working days.

Once the aspirants receive the code, they can visit the concerned e-branch along with their original CNIC card, its photocopy and the redemption code received from 8877 to acquire fresh notes.

It may be noted that in order to avoid an abuse of the system, SBP has allotted a quota of new notes which will be granted to each person. This quota consists of two packets of Rs. 10, one packet of Rs.20, one packet of Rs. 50 (subject to availability) and one package of Rs. 100 (subject to availability).

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.

A help desk has also been established at 111-008-877 to entertain queries/complaints of general public. The help desk can be contacted through NWD code of: 042 for Punjab, 021 for Sindh and Balochistan, 051 for Khyber Pakhtunkhwa, Azad Kashmir, and Gilgit-Baltistan.  The help desk facility will only be available during office hours.

It is expected that the start of SMS service will facilitate public in acquiring fresh currency notes for Eid-ul-Fitr in a timely and hassle-free manner.

Source: APP

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

AZAL plane crash updates

AZAL plane crash updates: 32 individuals have survived the crash Azerbaijan Airlines flight from...

0
Monitoring Desk: Azerbaijan Foreign Ministry issues statement on AZAL plane crash, Azernews reports, citing the Ministry of Foreign Affairs.The statement reads:“On December 25, an...

EU and UK statements on awarding of punishments to 9th May culprits are “Absolutely...

0
Islamabad, Pakistan: As expected a Foreign, Commonwealth & Development Office spokesperson of the United Kingdom on December 23, 2024, expressed concerns over the conviction...
National College of Business Administration & Economics offers Certification program in Solution-Focused Brief Therapy Lahore, Pakistan: National College of Business Administration & Economics (NCBAE) Main Campus is offering Introductory Level Certificate in Solution-Focused Brief Therapy (SFBT) that is incredibly efficient and many therapists report significant breakthroughs in a single session. Interested persons can contact Dean of Social Sciences Dr Asir Ajmal by sending email at asirajmal@gmail.com

The National College of Business Administration & Economics offers a Certification program in Solution-Focused...

0
Lahore, Pakistan: National College of Business Administration & Economics (NCBAE) Main Campus is offering an Introductory Level Certificate in Solution-Focused Brief Therapy (SFBT) that...
Foreign powers, Imran Khan and his foreign connections

Legal implications of Movement of Civil Disobedience and sending remittances through illegal means

0
Islamabad, Pakistan: In 2014, the founding chairman of PTI Imran Khan announced a movement of Civil Disobedience. He burnt utility bills and ordered his...
Hassan Niazi convicted for May 9 mutiny

May 9 Case Verdict: Real justice will be done by bringing the mastermind to...

0
Islamabad, Pakistan: On May 9, 2023, the miscreants of PTI wrote a dark chapter in the history of Pakistan on the clear instructions of...
Advertisement