Please refer to SBP’s instructions regarding accessible financial infrastructure for differently-abled persons as issued and amended from time to time. 

2.   In order to address difficulties faced by mentally disordered persons; SBP in consultation with stakeholders has decided to facilitate mentally disordered persons with regard to opening and maintaining a bank account as per the applicable laws related to mental health.

3.    Accordingly, a new category of customer account i.e. ‘mentally disordered person account’ has been introduced and the related requirements have been made part of Annexure-II of the AML/CFT/CPF Regulations.

4.    All SBP REs are advised to ensure meticulous compliance with the given instructions and provide proper guidance to their customers so that the ‘court-appointed managers of the mentally disordered persons’ do not face any difficulty in this regard.

5.    Please acknowledge receipt.

Encl:
Annexure
Updated AML/CFT/CPF Regulations