Decimal coins of Paisa from the field offices of SBP

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ISLAMABAD: SBP and microfinance banks released a reminder for the exchange of decimal coins of Paisa 1,2,5,10,25 and 50 from the field offices of SBP BSC and commercial and microfinance banks’ branches by the last working day of September 30.

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To create public awareness around the exchange of coins, the SBP has directed the commercial and Banks to show banners in visible positions of their branches for exchange of decimal coins. The federal regime has previously enlightened that coins of Paisa 1,2,5,10,25 and 50 will cease to be legal tender on October 01, 2014, however coins can be exchanged by September 20.

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