SBP re-introduces ‘SMS service’ for fresh notes

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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.