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SBP reminds public to exchange decimal Coins of Paisa


Thursday, 27 February 2014   13:04:30

SBP reminds public to exchange decimal Coins of Paisa
     

 ISLAMABAD, Feb 26 (APP): The State Bank of Pakistan (SBP) has
reminded the general public to exchange the decimal coins of Paisa
1,2,5,10,25 and 50 from the field offices of SBP BSC and commercial
/microfinance banks branches by last working day of September 30.
      For awareness of general public, the SBP has advised the
Commercial /Microfinance Banks to display posters/banners at visible
places of their branches for exchange of decimal coins.
      It may be recalled that the federal government has already
notified that coins of Paisa 1,2,5,10,25 and 50 will cease to be
legal tender on October 1, 2014.
      However, it can be exchanged from the field offices of SBP BSC
and branches of banks till September 30, 2014, a statement of the
Central Bank said.