Where to obtain fresh currency notes ahead of Eid ul Fitr

KARACHI:  In anticipation of the Eid-ul-Fitr holidays the State Bank of Pakistan (SBP) has confirmed that commercial banks have already started issuing new banknotes to the general public.

The SBP stated in its statement that it is striving to ensure that citizens may easily obtain replacement notes through the nation’s vast network of bank branches.

Customers may anticipate a more seamless and secure transaction experience with the new notes, which will be available from March 24.

Earlier, the State Bank of Pakistan (SBP) stated the issuance of new currency notes.

“The central bank continues its longstanding practice of issuing fresh banknotes to commercial banks on the occasion of Eid-ul-Fitr, leveraging their extensive nationwide branch networks to facilitate public access to fresh banknotes,” the statement read.

The state bank further stated that it has so far issued Rs27 billion fresh banknotes of all denominations to 17,000 branches of commercial banks for onward distribution to the general public.

“Likewise, arrangements have also been made to ensure that ATM network of banks issues uninterrupted good quality banknotes to the general public during the festive season,” it added.

Furthermore, it added that the bank has also deployed its cash monitoring teams to conduct onsite inspections, ensuring the disbursement of fresh banknotes to the general public.

For further information on how to get the new currency notes, customers are encouraged to contact their local bank office.