In a major achievement, National Bank of Pakistan has converted its 1,000 branches online out of its countrywide network of 1,270 branches. In a short span of eight months, NBP’s IT division was able to meet this uphill task set by bank’s management at the beginning of the year. With majority of branches going online people living in such remote areas will benefit the most. Through online facility, NBP customers holding an account at any online branch can deposit and withdraw cash from any of the 1,000 online branches through Inter Branch Transaction (IBT); Debit/ATM card can be issued to all customers of online branches; centralised account opening, Know Your Customer (KYC) and better control and compliance.
