Fresh Currency Notes Will not be available Eid-ul-Fitr 2020 from SBP Banks

KARACHI (Monday – 04th May 2020): The Currency Management Department of the State Bank of Pakistan (SBP) has issued a notification stating that Fresh Bank Notes will not be issued on the occasion of Eid-ul-Fitr 2020.

Based on the notification issued a meeting was held by the COVID-19 committee chaired by the Director-General Banking on 29 April 2020 where it was decided that Fresh Bank Notes will NOT be issued on the occasion Eid-ul-Fitr 2020.

According to notice, this decision is in line with other measures taken to control the spread of the coronavirus outbreak.

See the Notification:

New currency notes 2020

According to the notification about Suspension of Fresh Notes issuance to Public & Employees/ Ex-Employees on Fid-ul-Fitr 2020 it is decided that

“As you are aware the Bank’s management has taken multiple precautionary measures to ensure social distancing and mitigate the spread of COVID-19. These include but are not limited to performing only essential/critical functions, making comprehensive Work from Home (WFH) arrangements, ensuring workplace SOPs. issuance of medical advisories, etc.

Accordingly, the Bank’s COVID-19 committee chaired by DC (Banking & FMRM) in its meeting held on April 29, 2020, has decided NOT to issue fresh notes to general public and employees / ex-employees of SBP and its subsidiaries on the occasion of Eid-ul-Fitr 2020.

All Chief Managers are advised to disseminate these instructions to all concerned officials for information and meticulous compliance.

 

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