The central bank on Monday notified banks and Development Finance Institutions (DFIs) about its decision to revise the format for uploading unclaimed deposits or instruments’ data. A State Bank of Pakistan (SBP) circular said, keeping in view the difficulty faced by banks and DFIs in uploading data on unclaimed deposits for 2012 separately on Annexure A&D on Data Acquisition Portal-4 (DAP4), it has been decided to revise the format combining variables of both annexure in a consolidated form. Referring to CPD Circular Letter No. 01 issued on January 16, the regulator asked banks to, henceforth, provide requisite data per revised Annexure-A.
The details of unclaimed instruments favouring federal and provincial governments would also be provided in the same format by April 15 or by next working day if the due date happened to be a holiday, each calendar year, it said. It said the modified dbf-generator for Revised Annexure “A” along with DAP4 user manual and user guide for preparing the data files for unclaimed deposits would be available on Data Warehouse Portal at the “Knowledge Centre” Tab.
SBP reformats data submission for banks’ unclaimed deposits
