The
nominated
Commercial Bank of
Karachi.
Dear
Sir,
PROCEDURE
FOR REFUND OF VALUE OF BANK
NOTES BY THE COMMERCIAL BANKS
As per the discussions of working group constituted by the
Governor held with the officials of Pakistan Banks Association
(PBA) it has been decided that the commercial banks be allowed
to arrange a note exchange facility to their customers and
general public.
In
order to implement the above decision we forward herewith
a procedure for refund of value of banknotes by the commercial
banks. Initially as a pilot project only designated branches
of the commercial Banks in the Karachi region would provide
above facility. The list of the designated branches is attached
for your action.
Encl:
Procedure
for Refund
List of Enclosers