Circular No. 06 of 2010
May 17, 2010
Verification of Accounts/Bank Statements of Students Applying
for Foreign Education
has been observed that Pakistani students desirous of
proceeding for foreign studies face difficulties in obtaining
visa due to uncertain verification system of their bank
To expedite the verification process, banks are advised
Appoint designated coordinators in Islamabad, Lahore and
Karachi, duly authorized to facilitate the process of
requests of verification of bank account/statement expeditiously
received from Foreign Missions, Embassies/High Commissions
and any other relevant office for visa purposes.
ii. The names and contact details of nominated persons
may be provided to SBP within 15 days for onward transmission
to Ministry of Youth Affairs.
iii. The process of verification shall be made in writing.
The banks shall not entertain any verbal/oral query made
by visa processing agency or Foreign Mission.
iv. The request received shall be disposed of, accordingly
within seven working days from the date of its receipt.
v. The banks shall not charge “processing fee”
under any head for above verification from the accountholder/customer
either directly or through debit to his account.
Please acknowledge receipt.