The State Bank of Pakistan (SBP) has announced opening of concerned bank branches on 29th and 30th September 2018 to facilitate the collection of Government receipts/duties/taxes. According to SBP, it has been decided that authorized branches of National Bank of Pakistan (NBP) as well as field offices of SBP Banking Services Corporation (SBP-BSC) shall remain open on 29th and 30th September 2018 (i.e. Saturday and Sunday) to facilitate the collection of Government receipts/duties/taxes.
Authorized branches of NBP as well as field offices of SBP Banking Services Corporation (SBP-BSC) will accept banking instruments and cash at their counters up to 06:00 pm on September 29, 2018 (Saturday) for which a special clearing will be arranged by the NIFT at 04:00 pm.
Similarly, authorized branches of the NBP as well as field offices of SBP Banking Services Corporation (SBP-BSC) will remain open only for collection of government receipts/duties/taxes up to 08:00pm. on September 30, 2018 (Sunday). For this purpose, a special clearing will be arranged by the NIFT at 06:00 pm and NBP branches will settle their transactions with respective SBP-BSC field offices/head office until 10:00 P.M. on the same day, i.e, September 30, 2018.
All banks, therefore, have been advised to keep their concerned branches open on 29th and 30th September, 2018 (i.e. Saturday and Sunday) till such time that is necessary to facilitate the aforementioned special clearings by NIFT.
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