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SBP directs banks to open EKBNS fund account
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Banks directed to develop portals
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TORONTO, Jan. 26, 2021 /PRNewswire/ - Perativ Holdings Inc. ( Perativ ), a retail bank focused SaaS platform that replaces classic cash forecasting and cash compliance functions to drive breakthrough cost reductions and cash optimization in bank ATM and Branch cash distribution networks is pleased to announce that Mr. Jude Pinto has joined as a Senior Advisor.
Jude Pinto joins Perativ as a Senior Advisor (CNW Group/Perativ)
Developed over 10 years on an estate of 10,000+ ATMs, Perativ is now offered to retail banks around the world as they struggle to improve cash forecasting, automate cash compliance and materially reduce the costs of cash distribution while meeting customer demand for cash and focusing on digital channels and branch transformation. The enhanced bank data generated by Perativ also positions banks to maintain segregated cash risk management while also enabling cash distribution transformation, including E2E cash outsourc
KARACHI: In order to facilitate the collection of the government receipts, duties and taxes, the State Bank on Monday decided that the field offices of SBP Banking Services Corporation (SBP BSC) and authorised branches of National Bank of Pakistan will observe extended banking hours till 9:00pm on Dec 31 for which purpose a special clearing has been arranged at 6:00pm on the same day by the NIFT.
All banks were advised to keep their branches concerned open on Thursday till such time that is necessary to facilitate the special clearing for government transactions by the NIFT.
Published in Dawn, December 29th, 2020
Banks to observe extended hours
Business
December 29, 2020
KARACHI: The State Bank of Pakistan (SBP) on Monday directed the banks to observe extended working hours on December 31, 2020, to facilitate taxpayers in the payments of duty and taxes, a statement said.
Field offices of the SBP Banking Services Corporation (SBP BSC) and authorised branches of the National Bank of Pakistan (NBP) will observe extended banking hours till 9:00pm on December 31, 2020 (Thursday), for which purpose the National Institutional Facilitation Technologies has arranged special clearing on the same day at 6:00pm.
All banks are; therefore, advised to keep their designated branches open on December 31, 2020 (Thursday) till such time that is necessary to facilitate the special clearing for government transactions by the NIFT.
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