Bank Branches Should Accept Taxpayers’ Cheques of Different Banks: SBP
State Bank of Pakistan (SBP) has directed banks to entertain taxpayers if they deposit the cheque of different banks to facilitate them with the convenient payment option available in the banking system.
The banking regulator reiterated that banks shall ensure that all their branches are accepting the taxes and duties through the ADC mechanism and that their customer can pay the tax in any branch of his/her bank.
There have been complaints that the banks’ branches do not accept the Cheque drawn on another branch of their bank for payment of taxes and ask the taxpayer to visit the branch on which the Cheque is drawn.