SBP deadline.

THE State Bank of Pakistan (SBP) issued repeated reminders that old banknotes of Rs10, Rs50, Rs100 and Rs1,000 denominations can be exchanged from the Banking Services Corporation (BSC). I wonder why should there be a cut-off date for the exchange of legally issued banknotes that have been withdrawn. Many senior citizens sometimes misplace their currency, and they should not be penalised for forgetting to exchange their legally issued banknotes within the deadline.

The Bank of...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT