Laws Review Committee discusses legislation proposals

ISLAMABAD, Jul 2 (APP): Finance Minister, Senator Mohammad
Ishaq Dar Saturday took strong notice of the difficulties being
faced by pensioners in collecting pensions at various bank branches.

Talking to Governor State Bank of Pakistan (SBP) on telephone,
the finance minister asked him to contact the National Bank Authorities and redress the problems of the people.

The Minister also advised SBP to ensure 24 hour operation of
Automated Teller Machines service by the banks to facilitate
customers during the Eid holidays.

The Finance Minister said that sufficient cash must be kept
available in the ATMs to facilitate people and save them from any inconvenience, according to statement issued by the ministry.

It is pertinent to mention that the SBP has advised all
commercial banks to take necessary measures for facilitation of
general public by ensuring uninterrupted availability of Automated
Teller Machine (ATM) services on the occasion of Eid ul Fitr.

The ATM sites of commercial banks will be examined by
inspectors of State Bank and verification teams of SBP’s Banking Service Corporation (BSC) field offices during the period from 1st July 2016 till 10th July 2016 to verify their operational status.

In view of the extended Eid holidays, banks have also been
advised to intimate SBP BSC Field Offices, in advance, about the extra cash that they may need so that adequate arrangements could be made for replenishing their ATMs during Eid Holidays.

Banks will also make sure that in addition to ATMs, continuous
services are also available on Point of Sale (POS) and other Alternative Delivery Channels (ADC) Channels.