All Exchange Companies of ‘B’ Category
Dear
Sirs,
Submission
of Returns (Statements A & B) on Fortnightly Basis.
It is advised that w.e.f July 01, 2005, all Exchange Companies
of ‘B’ Category are mandatorily required to
submit basic information about sale and purchase of all
foreign currency transactions and statement of exposure
i.e. FCY balances held with them as per attached statements
A & B. The E.C (B)s will be required to submit those
statements on fortnightly basis to the respective Field
Offices of SBP-Banking Services Corporation. These returns
are to be submitted by 19th & 4th of each month for
the preceding fortnight. Returns for aggregate figures need
to be submitted by each Exchange Company of ‘B’
Category.
Copy
forwarded for information and necessary action to:
1.
The Managing Director, SBP, BSC (Bank), Head Office, Karachi
2. The Director, FEOD, SBP BSC (Bank), Karachi with the
request to collect the subject information from each Area
Office of SBP and the consolidated report in this regard
may be submitted to EPD, SBP on fortnight basis.
3. All Chief Managers of SBP-Banking Services Corporation.