The National Bank of Pakistan (NBP) and State Bank of Pakistan (SBP) branches would remain open longer to collect government receipts, duties, and taxes on December 31, 2022.
In a statement issued on Monday, “In order to facilitate the collection of government receipts/duties/taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized NBP branches will observe extended banking hours till 8:00 pm and 10:00 pm on December 30 (Friday) and December 31 (Saturday), respectively,”
The central bank told NIFT to organize a “special clearance” at 8 pm on December 31 for payment instruments.
All banks have been told to keep their branches open on December 31 until the NIFT can clear government transactions.