Circulars/Notifications - Payment System Department  
 PSD Circular Letter No. 02 of 2020
April 07, 2020 

The Presidents/CEOs
Clearing House(s) and its Members

Dear Sir / Madam,

Service Charges on Donations/ Payments to Prime Minister's / Provincial Governments’
Relief Fund for Covid19 through Payment Cards


            Please refer to PSD Circular No. 06 dated August 28, 2018 on Service Charges on Donations/ Payments to Supreme Court of Pakistan’s Diamer Bhasha and Mohmand Dam Fund through Payment Cards. In this regard, it has been decided that the scope of the Circular would also cover Payments/Donations made to the Prime Minister’s as well as provincial governments’ Covid19 Pandemic Relief Funds.

2.         Accordingly, all issuing and acquiring banks in Pakistan shall not charge any service fee including Interchange Reimbursement Fee (IRF), Merchant Discount Rate (MDR), Merchant ID Fee, onboarding fee or any other fee that may be applicable on any transactions made to the said account.

3.         The issuing and acquiring banks/microfinance banks/payment schemes are advised to meticulously comply with these instructions.

Please acknowledge receipt.


Yours sincerely,


(Shoukat Bizinjo)
Additional Director
About SBP
Economic Data
Press Releases
Laws & Regulations
Monetary Policy
Help Desk
SBP Videos
Contact us
What's New?
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Rupey ko Pehchano
Zahid Husain Memorial Lecture
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.