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State Bank of Pakistan reminds public to exchange decimal Coins of Paisa 1, 2, 5, 10, 25 and 50 - Press Note issued by State Bank of Pakistan

February 26, 2014



February 26, 2014 (PPI-OT)

Following is the text of press note issued by State Bank of Pakistan (SBP)

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State Bank of Pakistan (SBP) has reminded the general public to exchange the decimal coins of Paisa 1,2,5,10,25 and 50 from the field offices of SBP BSC and commercial / microfinance banks branches by last working day of September 30, 2014. For awareness of general public, SBP has advised the Commercial /Microfinance Banks to display posters/banners at visible places of their branches for exchange of decimal coins.

It may be recalled that the federal government has already notified that coins of Paisa 1,2,5,10,25 and 50 will cease to be legal tender on October 1, 2014. However, it can be exchanged from the field offices of SBP BSC and branches of banks till September 30, 2014.

For more information, contact:Syed WasimuddinChief SpokesmanState Bank of Pakistan (SBP)Tel: +9221 3921 2562Fax: +9221 3921 2563Email: syed.wasimuddin@sbp.org.pk

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Source: Pakistan Official News


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