Bank notes

Published July 31, 2012

Pakistani rupees — File Photo
Pakistani rupees — File Photo

KARACHI: The State Bank of Pakistan will use the large network of over 10,000 branches of commercial banks for distribution of fresh currency notes to the general public during Ramazan.

The SBP Banking Services Corporation has made elaborate arrangements for the supply of adequate quantity of fresh currency notes, particularly of small denominations (Rs10 to Rs100) to commercial banks depending upon their branch network.

According to SBP here on Monday, the branches of commercial banks will issue only one packet each of Rs10 and Rs20 per person to the visiting general public/account holders from August 1, 2012 till the last working day before Eidul Fitr (or until the stock ends) on presentation of original Computerised National Identity Card along with the photocopy of it for record.

Banks’ branches, however, may also issue a maximum of five packets each of Rs10 and Rs20 denomination fresh notes to their corporate clients on receipt of request on the company’s letterhead duly signed by the authorised representative.—APP

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....
Soft on traders
08 Jun, 2026

Soft on traders

THE Fixed Tax Asaan Scheme for traders with an annual turnover of up to Rs200m has been designed as a ‘pragmatic...
Ceasefire in name
Updated 08 Jun, 2026

Ceasefire in name

Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether.
Damaged childhoods
08 Jun, 2026

Damaged childhoods

CHILD abuse is so prevalent that the UN ranked Pakistan as the least safe country for children. Even so, more than...