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991027
STATE BANK OF PAKISTAN BANKING POLICY & REGULATIONS DEPARTMENT, CENTRAL DIRECTORATE, KARACHI.
BPRD Circular No. 35
27th October, 1999
All Banks,
Dear Sirs,
PRUDENTIAL REGULATION No. XV - UNDERTAKING OF CASE PAYMENTS OUTSIDE THE BANK’S AUTHORISED PLACE OF BUSINESS.
It has been decided to substitute the existing Prudential Regulation No. XV circulated
vide BPRD Circular No. 15 dated 29-8-1992 on the
captioned subject as under:--
"Banks are prohibited from undertaking any business of cash payment at any place
other than the authorised place of business except through the installation of Automated
Teller Machine (ATM) subject to obtaining prior approval from State Bank."
Yours faithfully,
(KAZI ABDUL MUKTADIR)
Director
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