State Bank of Pakistan, through its subsidiary SBP Banking Services Corporation (SBP BSC), has relaunched the SMS service for issuance of fresh currency notes to the general public.
An individual can obtain 3 packets of Rs.10/- and 1 packet each of Rs. 50/- & Rs. 100/-.
The fresh currency notes will be available from designated commercial bank branches called “e-branches” and the sixteen field offices of SBP BSC. The service will be provided through 1702 e-branches & 16 SBP BSC offices in 142 cities across Pakistan to ensure maximum geographical coverage.
The branch IDs of designated e-branches are available at SBP website, PBA website, commercial banks websites and will also be displayed prominently outside designated e-branches. It may be noted that the branch ID for e-branch is different from the existing branch/SWIFT code of banks.
Under this facility, a person may send an SMS message comprising 13 digits CNIC/Smart card Number and desired e-branch ID to short code 8877. The charges for the service are Rs. 1.50/- plus tax, per SMS.
For Example: [32453-3454432-1(space)KHI001]
2 Day Validity Time To Collect New Currency Notes
The person will receive an SMS containing redemption code, e-branch address and the code validity period in return.
Redemption code received by the customer will be valid for two working days as per the mentioned dates in the SMS. The customer may then approach the concerned e-branch along with his/her original CNIC/Smart card, a photocopy of the CNIC/Smart card and transaction code received from 8877 to obtain fresh currency notes.
It is also notified that each CNIC/Smart card number or mobile phone number can only be used once. No transaction code will be issued to the sender in case he/she sends the same CNIC/Smart card number from different mobile numbers or sends different CNIC/Smart card numbers from the same mobile number during the service.
Further, the system shall provide the fresh currency notes on a first come first serve basis and new bookings will be closed once the system reaches its capacity.
