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Pakistan central bank to issue fresh notes

State Bank of Pakistan has introduced a mobile SMS service for issuing fresh currency notes to the general public. The bank has taken up this effort in collaboration with Pakistan Bank’s Association (PBA). The aim is to help the general public in acquiring fresh currency notes on the eve of forthcoming Eid-ul-Azha. The fresh notes will be available from 335 commercial bank branches called ‘e-branches’ and SBP BSC offices in 92 cities across Pakistan. Under this facility, a person will be required to send an SMS message comprising his/her CNIC/Smart Card number along with desired bank branch code to a pre-determined phone number. The alphas numeric branch codes of nominated e-branches are available at SBP website and the person will get SMS containing his/her transaction code, branch address and transaction validity date. The person can then approach concerned bank branch along with his/her original CNIC/Smart Card and short code received from 8877 and get defined quota of fresh notes.

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