Circulars/Notifications - Banking Policy & Regulations Department  
 BPRD Circular Letter No. 20 of 2016
June 27, 2016

The Presidents / Chief Executives
All Banks


Dear Sir / Madam

OPENING OF BRANCHES FOR SETTLEMENT OF GOVERNMENT
DUTIES / TAXES ON 29TH AND 30TH JUNE, 2016



          It is informed that the authorized branches of National Bank of Pakistan (NBP) will remain open till 8:00 p.m. on 29th June 2016 (Wednesday) for collection of government duties / taxes. Further, to facilitate the government receipts and payments, the NBP branches will collect cheques till 8:00 p.m. and open their cash counters till 12:00 midnight, on 30th June 2016 (Thursday).

2.       The NBP branches will settle their transactions on 30th June 2016 with respective SBP Banking Services Corporation (SBP-BSC) field offices for which two special clearings will be arranged i.e. 1st and 2nd clearing immediately after 3:00 p.m. and 10:00 p.m. respectively.

3.       Banks are, therefore, advised to keep their concerned branches open on June 30, 2016 till such time that is necessary to facilitate special clearings for Government transactions.




Yours truly,

Sd/-

(Muhammad Munawar)
Sr. Joint Director

       
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