Circulars/Notifications / Core Statistics Department  

 No. CSD.BoP /2024/88921
July 02, 2024

The Presidents/Chief Executive Officers
All Banks Dealing in Foreign Exchange

Dear Sir/Madam,


Reporting of 'Special Purpose Foreign Currency Accounts (Onshore/ Offshore)'

Reference SBP Exchange Policy Department’s Circular Letter No.14 dated December 07, 2016, in terms of which all banks, maintaining Special Purpose Foreign Currency Accounts (Onshore/ Offshore), submit the subject monthly statement to Core Statistics Department (CSD), State Bank of Pakistan, by 5th of the following month through email as per statements A to E (shared along with aforementioned circular).

For further classification of certain international transactions (like trade in services, debt amortization, trade credits etc.), the code list for statement A, pertaining to Special Purpose Foreign Currency Accounts (Onshore/ Offshore), has been revised and made available on Knowledge Centre of SBP Data Acquisition Portal (DAP).

You are advised to submit the subject report on Special Purpose Foreign Currency Accounts (Onshore/ Offshore) as per revised code list for statement A and existing format for statements B to E through DAP, instead of emails, effective from July 2024 data.

In case of any query, please contact Mr. Asif Ali, Joint Director, through telephone (02133138291) or email ([email protected].)

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.

Yours sincerely


(Dr. Muhammad Nadim Hanif)


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