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Reading: SBP extends Banking hours on December 31
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National Bank of Pakistan, State Bank of Pakistan
PhotoNews Pakistan > Business > SBP extends Banking hours on December 31
BusinessPakistan

SBP extends Banking hours on December 31

Web Desk
By Web Desk Published December 27, 2022 1 Min Read
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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,”

To facilitate collection of Govt receipts/duties/taxes, all #SBP-BSC field offices & authorised NBP 𝐛𝐫𝐚𝐧𝐜𝐡𝐞𝐬 𝐭𝐨 𝐨𝐛𝐬𝐞𝐫𝐯𝐞 𝐞𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐡𝐨𝐮𝐫𝐬 𝐭𝐢𝐥𝐥 𝟖𝐩𝐦 & 𝟏𝟎𝐩𝐦 𝐨𝐧 𝟑𝟎𝐭𝐡 & 𝟑𝟏𝐬𝐭 𝐃𝐞𝐜𝟐𝟐, respectivelyhttps://t.co/Ty5a4MWVmC pic.twitter.com/hg17pc3cR3

— SBP (@StateBank_Pak) December 26, 2022

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.

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