Please refer to Finance Department Circular Letter No. 1 of 2021 dated February 19, 2021 regarding issuance of Pound Sterling (GBP) and Euro denominated Naya Pakistan Certificates (NPCs).

2.     In this regard, existing instructions regarding remittance of GBP denominated Certificates in SBP’s Nostro Account have been amended and henceforth all agent banks are required to remit the face value of the GBP denominated Certificates in the following Nostro Account of SBP:

        GBP Name of Payee:        State Bank of Pakistan
        Payee's Address:              I.I. Chundrigar Road, Karachi, Pakistan
        Payee's SWIFT Code:       SBPPPKKA
        Bank Name:                      HBL Bank UK London
        Bank Address:                  9- Portman Street London W1H 6DZ UK
        Payee's IBAN:                  GB90 HABB 6095 1170 0263 88
        Payee's Account No:        70026388
        Sort Code:                        60-95-11
        Bank SWIFT Code:           HABBGB2L

3.     All other instructions on the subject remain unchanged.

4.     Please acknowledge receipt.