SBP-BSC, NBP branches to remain open for facilitation of government receipts, duties, taxes

KARACHI: In order to facilitate the collection of government receipts, duties and taxes, it has been decided that authorised branches of National Bank of Pakistan (NBP) as well as field offices of State Bank of Pakistan Banking Services Corporation (SBP-BSC) shall observe extended banking hours upto 8:00 PM on November 30, 2018.

According to a press release issued here on Thursday, NBP branches will settle their transactions with respective SBP-BSC field offices on the same day i.e. November 30, 2018 for which a special clearing has been arranged at 5:30 PM by the NIFT.

All banks are, therefore, advised to keep their concerned branches open on November 30, 2018 till such time that is necessary to facilitate the special clearing for Government transactions.

Must Read

Symmetry Group partners with UAE-based Aleph Holdings, targets $5mn in revenue 

Aleph Holdings represents Spotify in the region, enabling the group to strengthen its role in the digital advertising ecosystem