SBP to issue fresh currency notes from May 20

KARACHI – The State Bank of Pakistan has announced that fresh currency notes for the public will be issued from May 20 till May 31st.

The central bank announced that currency notes for Eid would be available via a text messaging service which would be operational from May 19th.

To book currency notes, citizens will have to send their NIC number and bank branch identification number to 8877; identification numbers for E-branches would be available on the websites of private banks and SBP.

The central bank has set a limit of one booking per CNIC number sent from a mobile phone number and multiple CNIC numbers will not be accepted from the same mobile phone number.

New notes will be available from 1,700 branches of various banks across 142 cities, Express News reported.

Citizens would be able to fetch a maximum of three bundles of Rs10, and one bundle each of Rs50 and Rs100 notes. Muslims across Pakistan are set to celebrate Eid in the first week of June and traditionally fresh currency notes are handed out to children as present on the eve of Eid.

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