News Column

SBP reminds public to exchange of decimal coins

June 13, 2014



State Bank of Pakistan (SBP) has reminded the general public to exchange the decimal coins of Paisa 1,2,5,10,25 & 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 their branches for exchange of decimal coins, a statement of the Central Bank issued said.

It may be recalled that the federal government has already notified that coins of Paisa 1,2,5,10,25 & 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.


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Source: Frontier Star (Pakistan)


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