State Bank of Pakistan (SBP) has received overwhelming response from the public for its SMS-based services for the issuance of fresh currency notes as 1.6 million codes have been issued to individuals against their CNICs across the country with-in just 5 days.
According to data provided by central bank, the special designated e-branches of various commercial banks have also provided cash to 0.64 million individuals against the code issued to general public.
In order to meet the public demand for fresh currency notes on the occasion of Eid ul Fitr 2017, the State Bank of Pakistan Banking Services Corporation (SBP BSC) re-launched the SMS Short Code based service (8877) for issuance of fresh currency notes on the occasion of this Ramzan as well from June 12, 2017.
The service has been made available through a network of 1002 e-branches of banks in 120 cities and 16 field offices of SBP BSC across Pakistan.
“Given the capacity of the bank branches to handle customers, we expect that the service will reach its maximum limit of bookings in few days and further bookings will be not possible thereafter”, said a statement issued by the bank.
The general public is apprised that the booking service will be closed after reaching its maximum limit, expected by end of June 20, 2017 and as such no booking code will be issued thereafter.
However those who would have obtained booking code for issuance of fresh cash shall be eligible to draw fresh currency notes before close of business on Friday the 23rd June 2017 subject to validity of the booking code.
It would be pertinent to mention that apart from this SMS service banks may continue to provide fresh notes to their customers from their branches and ATMs as sufficient quantity is being provided to them by State Bank.
On 13th June, my brother got sms from various bank that Bank Counter have full try another 10 Bank Se Karne K Bad Bhi Yahi Jawab Aya tab Ja K State Bank Kya to Naam aya
Still don’t understand why SBP issues new currency on Eid and bring misery to bankers.
it is a govt level fraud in which SBP with the help of CMOs are looting the nation. each sms is costing Rs. 2.39 (including tax). and normally every body did at least 2 sms to get the receiving code. If the SBP has issued 1.6m codes then imagine how much they have earned in the 10 days. But again No FIA or NAB will open their eyes on this fraud.
wait wait add 5 rupees per id card copy for submitting in bank
got fresh currency notes on tuesday, this time 20 n 50 are short n system
Pathetic system and service this time. Have sent several SMS but no response or code received yet.
But SMS service saying (Booking Limit reached) for every branch