16 C
Lahore
Tuesday, March 2, 2021

ATM withdrawal restrict not restricted to Rs1,000, clarifies State Financial institution

Must read

CM Sindh takes discover of Centre’s police rotation coverage

File photograph of Chief Minister Murad Ali Shah talking to media.CM has taken discover of the pick-and-choose coverage adopted by the Institution Division in...

Gold charges in Pakistan on March 2

A single tola of pure gold in Pakistan is being offered for Rs108,250 on Tuesday, March 2. Photograph: ReutersA single tola of pure gold...

Gwadar and CPEC growth work velocity up

A view of Gwadar Port.KARACHI: Work on the China-Pakistan Financial Hall continues unabated even through the Covid-19 pandemic. The truth is, a number of...

PPP approaches ECP in opposition to governors violating election code of conduct

 PPP Secretary Basic Syed Nayyer Hussain Bokhari.ISLAMABAD: The PPP has written a letter to the Election Fee of Pakistan (ECP) asking it to be...

A consultant picture.
  • The central financial institution clarifies that it has not restricted money withdrawal restrict.
  • The SBP says it doesn’t put any restrict on ATM withdrawal restrict, banks resolve about such limits.
  • Social media customers have been claiming that they’re receiving messages from banks concerning the money withdrawal restrict. 

KARACHI: The State Financial institution of Pakistan (SBP) on Saturday clarified that it has not restricted ATM money withdrawal restrict to Rs,1000.

In an announcement on Twitter, the SBP mentioned it categorically rejects the false message making rounds on social media attributing to it that ATM money withdrawal restrict is restricted to Rs1,000.

“SBP does not put any limit on ATM withdrawal limit. Banks decide about such limits,” it added.

The central financial institution issued the clarification after social media customers claimed that they’re receiving messages from their banks that the money withdrawal has been restricted by the SBP.

“Dear customer, as per State Bank of Pakistan directions, ATM cash withdrawal limit is restricted to 1000 PKR from 0000 hrs 23 Jan 21 to 0800 hrs 31 Jan 21,” learn a message shared on Twitter.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

CM Sindh takes discover of Centre’s police rotation coverage

File photograph of Chief Minister Murad Ali Shah talking to media.CM has taken discover of the pick-and-choose coverage adopted by the Institution Division in...

Gold charges in Pakistan on March 2

A single tola of pure gold in Pakistan is being offered for Rs108,250 on Tuesday, March 2. Photograph: ReutersA single tola of pure gold...

Gwadar and CPEC growth work velocity up

A view of Gwadar Port.KARACHI: Work on the China-Pakistan Financial Hall continues unabated even through the Covid-19 pandemic. The truth is, a number of...

PPP approaches ECP in opposition to governors violating election code of conduct

 PPP Secretary Basic Syed Nayyer Hussain Bokhari.ISLAMABAD: The PPP has written a letter to the Election Fee of Pakistan (ECP) asking it to be...

Demi Lovato opens up about weight reduction journey

Popstar Demi Lovato is getting extra confidence as her journey in direction of self-love led her to 'unintentionally drop pounds' regardless that she...