Opening of accounts and collection of cheques in earthquake affected areas

As per Banking Policy Department’s Circular Letter No.45 of 2005, State Bank has relaxed the necessary / basic condition for opening the bank account in the earthquake affected areas i.e. CNIC or any other identification document in order to facilitate the disbursement of compensation to the earthquake affectees, Instead, the identification and verification of the affectees was made acceptable from even Patwari, Postman, any Government official, member Union Council, MPA/MNA or any other elected representative of the area. Accounts of minors left without any guardian, were also allowed to be opened on the verification by the Relief Commissioner only.