SBP Directs Banks to Ensure Cash Availability at ATMs During Eid Holidays

State Bank has said that it has directed all commercial banks to strictly ensure the availability of ATM services — round the clock — during holidays and to make sure that cash is dispensable through machines throughout the Eid Holidays.

Additionally, State Bank has also mandated for all branches of all banks to remain open on Saturdays — July 2nd and July 9th 2016 — to meet customers’ banking needs.

Not to mention, not all banks operate on Saturdays, however, with this latest directive all commercial banks are asked to operate as usual during both Saturdays of the July.

It maybe recalled that starting July 1st, banks were to remain off for over 10 days — due to weekends and then Eid Holidays — making these 10 days the longest holidays in banking history.

SBP, being fully cognizant of the banking needs of general public, has taken the following measures for smooth availability of banking services during Eid-ul-Fitr holidays.

State Bank, while coming to the rescue of customers and businesses, ordered the banks to operate at least two days during these holidays and to make sure that ATM machines are dispensing cash properly during holidays.

Commercial banks are also asked to make public the contact numbers of focal person for quick redressal of all complaints relating to malfunctioning or shortage of currency notes in ATMs.