The State Bank of Pakistan has directed exchange companies to begin using facial recognition for customer verification in addition to thumb and fingerprint scans, introducing a dual biometric system to strengthen security and transparency in foreign exchange transactions.
According to an SBP circular, the Ministry of Interior and Narcotics Control has instructed that facial recognition be incorporated into all biometric verification services obtained through Nadra.
The new requirement will take effect from January 1, 2026.
The central bank has advised exchange companies to put in place the necessary administrative and technical measures to ensure timely compliance.
Officials from exchange companies said they already use Nadra’s real-time system to verify customer thumbprints and fingerprints before processing any foreign exchange transaction, as mandated by the SBP. Companies are also required to keep CCTV footage for six months.
The addition of facial recognition aims to create a uniform and more secure verification process and reduce the risk of identity fraud in the currency market.
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Next level corruption
How is this “next level corruption”?
You can become prime minister in Pakistan by money laundering. And you don’t need any facial scans if you are military general or money launderer 😂😆
Yes. Yes. Next also make compulsory for the purchase and sale of foreign currency, one’s blood test, urine test, brain scan, bone scan, complete medical examination by a health practitioner, and think of more that I cannot imagine at the moment. This is called creating HELL for the general public.
How desperate 👹they can go to make sure every dollar goes into their bank😂 by looting from people to fund their own business 😂🤣 in Dubai and UK guess will never know what’s next on PML mind😂.