BR100 Decreased By (-0.61%)
BR30 Decreased By (-1.02%)
KSE100 Decreased By (-0.53%)
KSE30 Decreased By (-0.51%)
AGHA 6.72 Increased By ▲ 0.04 (0.6%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 56.79 Decreased By ▼ -0.53 (-0.92%)
BOP 30.13 Decreased By ▼ -0.22 (-0.72%)
CNERGY 12.97 Decreased By ▼ -0.15 (-1.14%)
CSIL 5.35 Decreased By ▼ -0.06 (-1.11%)
FCCL 52.35 Decreased By ▼ -0.44 (-0.83%)
FFL 14.55 Decreased By ▼ -0.17 (-1.15%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.11 Increased By ▲ 0.02 (0.33%)
KOSM 6.01 Increased By ▲ 0.28 (4.89%)
LOTCHEM 26.20 Decreased By ▼ -0.26 (-0.98%)
MLCF 91.80 Decreased By ▼ -1.36 (-1.46%)
NBP 164.00 Decreased By ▼ -0.66 (-0.4%)
NCPL 53.50 Decreased By ▼ -2.16 (-3.88%)
NPL 59.05 Decreased By ▼ -2.11 (-3.45%)
OGDC 315.00 Decreased By ▼ -1.73 (-0.55%)
PACE 9.85 Decreased By ▼ -0.02 (-0.2%)
PAEL 35.16 Decreased By ▼ -0.47 (-1.32%)
PIBTL 14.64 Decreased By ▼ -0.04 (-0.27%)
PPL 223.10 Decreased By ▼ -3.81 (-1.68%)
PRL 91.43 Decreased By ▼ -1.59 (-1.71%)
PTC 58.95 Decreased By ▼ -1.31 (-2.17%)
SSGC 23.33 Decreased By ▼ -0.48 (-2.02%)
TBL 8.79 Increased By ▲ 0.04 (0.46%)
TELE 7.69 Decreased By ▼ -0.11 (-1.41%)
TPL 22.20 Decreased By ▼ -0.15 (-0.67%)
TPLP 12.64 Decreased By ▼ -0.33 (-2.54%)
TREET 21.89 Decreased By ▼ -0.27 (-1.22%)
TRG 56.50 Decreased By ▼ -0.06 (-0.11%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Business & Finance Print edition: 2023-06-21

FCY cross border payments/transfer cases: SBP introduces new functionalities in Data Acquisition Portal

Published Updated
Save
1 min
Comments
By Recorder Report
Add BRecorder as a trusted
source on Google
Google Preferred Source

KARACHI: In order to automate the process of submission of documents regarding subject payments, the State Bank of Pakistan (SBP) has introduced new functionalities in Data Acquisition Portal (DAP).

SBP has introduced three new functionalities including T01-ACU Payments, T02-Local US Dollar deposits and withdrawals- FE2 and T03-CRR & SCRR deposits and withdrawals- FE25 in DAP.

In this connection, SBP has advised all banks to submit their cases for processing of FCY Cross Border Payments/Transfer Case payments through DAP.

The revised automated procedure for submission of cases will come into force with effect from 1st July 2023, and existing practice of sending physical documents to SBP will be discontinued from the same date.

SBP has asked all banks to ensure meticulous compliance of aforesaid instructions.

Copyright Business Recorder, 2023

SBP DAP

Comments

Comments are closed for this article.

More Stories

Browse all stories