Circulars/Notifications  

 PSD Circular Letter No: 06/ 2011
October 14, 2011 

The Presidents/Chief Executive Officers,
Banks/Switch Operators

Dear Sirs/Madam,

Management of ATMs on Weekends


As per Government of Pakistan, Notification No. 2/7/2011-Public dated 13th October, 2011 five days working week will be observed effective from 15th October, 2011. Accordingly, SBP has issued its revised banking and working hours vide BP&RD circular No.11 dated 14th October, 2011 in terms of which Saturdays and Sundays would be observed as holidays by banks & DFIs.

 2. In order to ensure that customers and specially the business community continues to avail uninterrupted access to the services provided through ATMs including cash withdrawal facilities during the weekends, banks are advised to ensure that their ATMs remain operational throughout and special arrangements are made by way of deployment of dedicated staff to monitor cash replenishment requirements and resolving other problems on real-time basis.

3. Any failure to comply with these instructions would attract penal provisions of relevant laws and circulars of SBP.

Please acknowledge receipt.


Yours faithfully

Sd/-

(Zafar Iqbal)
Director

 
 

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