It
has been reported to SBP that customers of the banks are not
receiving periodical statement of accounts in time with the
result that they are not aware of the exact balance in their
accounts. Due to this, in the recent past, there has been
a spate of fraudulent withdrawal of money from the accounts
of banks’ customers by some unscrupulous users, sometimes
in connivance with the staff. With a view to ensure that customers
of banks receive the periodical statements regularly &
in time, it has been decided that henceforth the banks shall
dispatch the statement of accounts pertaining to current,
as well as PLS accounts, having balances of
Rs 10,000/- or above through courier service.
2.
It is further advised that banks shall not charge more
than Rs.50/- for duplicate statement of account.
3.
You are advised to amend your banks’ existing schedule
of service charges accordingly.
4.
Please acknowledge receipt.
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