Circulars/Notifications - Banking Policy & Regulations Department  
 BPRD Circular Letter No. 18 of 2009
July 03, 2009

The Presidents/Chief Executives,
All Banks/DFIs,


Dear Sir/Madam,

PRUDENTIAL REGULATION M-1- OBTAINING COMPUTERIZED NATIONAL
IDENTITY CARD (CNIC) FROM ALL THE BANKS / DFIs CUSTOMERS / CLIENTS


Please refer to BPRD Circular Letter No. 39 dated December 31, 2008 on the above subject.

2. Based on the representation received from the banks, indicating difficulties in meeting the extended deadline of June 30, 2009 for complying with the instructions issued vide aforesaid Circular Letter, it has been decided to extend the date for meeting the subject requirement up to September 30, 2009.

3. Banks / DFIs shall continue to provide information on progress made on the subject on fortnightly basis, within seven days of the close of each fortnight, as per the following format.


Total No. of Accounts

 
Accounts with CNIC
Accounts without CNIC
Active Accounts
Inoperative Accounts
Number
Percentage of total number of accounts
Number
Percentage of total number of accounts
Number
Percentage of total number of accounts
             

4. All other instructions on the subject shall, however, remain unchanged.

5. Please acknowledge receipt.


Yours truly,

Sd/=

(SYED IRFAN ALI)
Director

       
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