SMS 8877 to get fresh currency for Eid-ul-Fitr

9th July 2015

 
 

Keeping in view the consumer demand for fresh currency notes for the occasion of Eid-ul-Fitr, the State Bank of Pakistan (SBP) is providing a state-of-the-art facility whereby a consumer can text his/her requirements and be guided to a respective bank branch for collection of fresh currency. The requirements are as follows: 1. Send an SMS to 8877 stating your CNIC and the code of the branch closest to you. (Branch listings and codes are available here). 2. A transaction number will be sent to your phone via SMS for collection of fresh currency. 3. Visit the respective bank branch in the next two working days. Present your original CNIC and transaction number and your requirements will be fulfilled. Although this facility is only operational on an experimental basis by SBP, it has successfully managed to launch it for 150 bank branches across 28 cities. However, only transaction is allowed against each CNIC. A commendable effort by SBP, the consumers can now collect fresh currency effortlessly and in a timely manner before Eid-ul-Fitr. Digitization of banking procedures is the way forward for Pakistan - it is impressive to see the central bank take such initiatives to incorporate technology in creating convenience for Pakistan's masses.

 

 
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