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New currency notes issue on Eid ul fitr 2014

Currency notes issue on EidNew currency notes issue in Pakistan on Eid ul fitr 2014

KARACHI: The State Bank of Pakistan has issue fresh currency notes on Eidul Fitr 2014 in Pakistan.
The 150 designated branches will be in addition to the large network of commercial bank branches for which additional fresh currency notes of small denomination will be issued by the field offices of the SBP BSC.
It will be the responsibility of the main branches of the commercial banks in the cities where SBP BSC has offices to lift the fresh bank notes of small denomination and distribute among their branches across the country keeping in view the business and size of the same.
The SBP BSC has issued detailed guidelines to the banks and has also put in place a mechanism for monitoring of bank branches to ensure distribution of fresh notes as per plans to be submitted to field offices of SBP BSC. SBP will penalize the banks violating these instructions.
The branches of commercial banks/microfinance banks will issue one packet each of Rs.10/-, Rs.20/-, Rs50 and Rs100 to the visiting general public/account holders. To ensure efficient and transparent issuance by commercial bank branches, issuance to general public / account holders will be made on presentation of original Computerized National Identity Card (CNIC) and a copy to be provided for bank’s record.