The State Bank of Pakistan (SBP) on Tuesday has made it clear that the registered aliens residing in Pakistan are permitted to open bank account in Pak rupee only.
The SBP circular issued on July 4 said the National Aliens Registration Authority (Nara) had informed that the Government of Pakistan has extended an incentive for opening of bank accounts to the registered aliens residing in Pakistan on providing a copy of 'Alien Registration Card' issued by Nara.
"In this connection, it is clarified that the registered aliens residing in Pakistan are permitted to open bank account in Pak rupee only," said the SBP circular issued on Tuesday.