Circulars

Opening Of Branches For Settlement Of Government Duties / Taxes On 29th And 30th June, 2016

June 27, 2016
6414

The Presidents / Chief Executives

All Banks

Dear Sir / Madam

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

  1. 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 sincerely,

Muhammad Munawar
Sr. Joint Director