Pakistan Today

SBP re-introduces ‘SMS service’ for fresh notes

After receiving an overwhelming response on Eid occasions in 2015, the State Bank of Pakistan (SBP), through its subsidiary SBP Banking Services Corporation (BSC), has re-launched the SMS service for issuance of fresh currency notes to the general public.

The fresh notes will be available from nominated commercial bank branches called “e-branches” and the 16 offices of SBP BSC.

The issuance of currency notes to the general public through mobile SMS service by designated e-branches of commercial banks will commence from the 2nd of Ramazan till 28th of the month.

The service will be provided through 500 e-branches in 116 cities. The necessary stock of fresh banknotes has already been placed with the designated e-branches. The charges for the service are Rs2 plus tax, per SMS.

Under the service, a person will send an SMS message to short code 8877 comprising his/her 13-digit CNIC/Smart Card number along with the desired e-branch ID (eg 3830305939875(space)KHI005). Branch IDs of nominated branches are available on sbp.org.pk, pakistanbanks.org and commercial banks’ websites.

In return, the person will receive an SMS containing his/her redemption code, e-branch address and redemption code validity date. The redemption code will be valid for two working days.

The customer should then approach the concerned e-branch along with his/her original CNIC/Smart Card, its photocopy and the redemption code received from 8877 to obtain fresh notes.

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