Banking

Opening of selected branches on Wednesday May 27, 2020 by banks/MFBS

Karachi, May 20, 2020: In order to ensure the availability of limited banking services to public at large during the extended holidays on the occasion of Eid-ul-Fitr, it has been decided that banks / MFBs may open their selected branches on Wednesday, May 27, 2020 at their own discretion in various business centers / commercial hubs etc. across Pakistan.

However, it may be noted that RTGS System and Clearing through NIFT will not be available on the above-mentioned date.

Accordingly, NIFT will collect Financial Instruments from branches on Thursday, May 28, 2020 for clearing purposes.

For this purpose, banks / MFBs should ensure the deployment of minimal number of staff necessary to carry out smooth working at their selected branches on the above date.

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