Reference
may please be made to PSD Circular No 2 dated 11th February,
2011 on the above subject.
In order to further facilitate banks\DFIs it has been decided
with immediate effect to enhance the scope of 3rd party
fund transfers through the PRISM System as under:
1. The lower value Limit for 3rd party funds transfer through
the PRISM System shall now be PKR 1 Million and above.
2. The time limits and transaction charges for customer
transfers through the PRISM System have been revised as
under:
| Days |
Transaction
Time Windows |
Per
Transaction Charges (PKR) |
| Monday
to Friday
|
9:00AM
to 1:30 PM |
200/- |
1:30PM
to 3:00 PM |
300/- |
3:00
PM to 4:00 PM |
500/- |
| Saturday
|
9:00
AM to 11:30 AM |
200/- |
11:30
AM to 12:30 PM |
300/- |
Transaction
charges levied by banks / DFIs on such customer transfers
shall not be higher by more than 10% of the charges levied
by SBP for such transfers.
All other instructions on the subject shall, however, remain
unchanged.
Please acknowledge receipt.