The Presidents/ Chief Executives Officers

All Scheduled Banks

Dear Sir/Madam,

Subject: Statement of Foreign Currency Deposits - Revised Timelines

In continuation of Circular No. DS. BP/006984/2022 dated June 27, 2022 and EPD Circular Letter No. 03/EPP. 16 (326) FCA-2011 dated May 18, 2011 all banks dealing in foreign exchange are reporting monthly “FE-25 Deposits and their Utilization” and “Consolidated Position of Old Foreign Currency Accounts” respectively to Core Statistics Department (CSD) of State Bank of Pakistan by 7th of the following month.

1. Banks are advised to submit the aforementioned datasets by 5th of following month, starting from the data for July 2023.
2. In case of any query on the subject, please contact Ms. Shama Iqbal, Assistant Director, through email ([email protected]) or telephone (021-32454980/021-32458280). Reporting Institutions shall develop a mechanism/layer to check and verify, before submissions on due dates to CSD, that all data are prepared according to the relevant guidelines issued from time to time. Any erroneous reporting shall attract punitive action under relevant provisions of law.