Banks to remain open on July 2, 4 & 9: SBP

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The State Bank of Pakistan (SBP) has taken notice of long holidays in commercial banks and has directed them to remain open on July 2, 4 and 9, reports said on Tuesday.

Earlier, the SBP ordered the commercial banks to remain open on July 2 and 9 (Saturdays).

“Commercial banks shall strictly ensure availability of ATM services round the clock. For early replenishment of cash at ATMs, banks shall make proper arrangements of currency stock at all the ATM feeding branches,” the order stated.

“Further, banks shall make public the contact numbers of the focal person for quick redressal of all the complaints relating to malfunctioning or shortage of currency notes in ATMs,” it added.

In the first ten days of July,banks will remain open for one day only. Cheques submitted on June 30 will not be cleared before July 11.