AIRLINK 152.10 Decreased By ▼ -3.61 (-2.32%)
BOP 10.05 Decreased By ▼ -0.26 (-2.52%)
CNERGY 7.28 Decreased By ▼ -0.37 (-4.84%)
CPHL 85.00 Decreased By ▼ -3.17 (-3.6%)
FCCL 46.55 Decreased By ▼ -0.81 (-1.71%)
FFL 15.77 Decreased By ▼ -0.35 (-2.17%)
FLYNG 54.69 Decreased By ▼ -3.32 (-5.72%)
HUBC 136.60 Decreased By ▼ -1.92 (-1.39%)
HUMNL 11.30 Decreased By ▼ -0.24 (-2.08%)
KEL 5.33 Decreased By ▼ -0.14 (-2.56%)
KOSM 5.63 Increased By ▲ 0.17 (3.11%)
MLCF 82.49 Decreased By ▼ -1.26 (-1.5%)
OGDC 208.88 Decreased By ▼ -3.17 (-1.49%)
PACE 6.03 Increased By ▲ 0.17 (2.9%)
PAEL 41.43 Decreased By ▼ -1.79 (-4.14%)
PIAHCLA 22.52 Increased By ▲ 0.76 (3.49%)
PIBTL 8.12 Decreased By ▼ -0.30 (-3.56%)
POWER 13.79 Decreased By ▼ -0.57 (-3.97%)
PPL 166.66 Decreased By ▼ -4.33 (-2.53%)
PRL 32.16 Decreased By ▼ -1.33 (-3.97%)
PTC 24.40 Decreased By ▼ -1.10 (-4.31%)
SEARL 89.45 Decreased By ▼ -3.44 (-3.7%)
SSGC 41.40 Decreased By ▼ -0.52 (-1.24%)
SYM 14.84 Decreased By ▼ -0.16 (-1.07%)
TELE 7.70 Decreased By ▼ -0.12 (-1.53%)
TPLP 9.11 Decreased By ▼ -0.20 (-2.15%)
TRG 63.29 Decreased By ▼ -0.93 (-1.45%)
WAVESAPP 9.12 Decreased By ▼ -0.30 (-3.18%)
WTL 1.45 Increased By ▲ 0.08 (5.84%)
YOUW 4.15 Decreased By ▼ -0.04 (-0.95%)
BR100 13,055 Decreased By -190.1 (-1.43%)
BR30 37,792 Decreased By -679.1 (-1.77%)
KSE100 122,144 Decreased By -1949.6 (-1.57%)
KSE30 36,883 Decreased By -653.4 (-1.74%)
Business & Finance

Fake News: SBP rejects messages on ATM cash withdrawal limit

  • “SBP does not put any limit on ATM withdrawal limit. Banks decide about such limits,” it added.
Published January 23, 2021

The State Bank of Pakistan (SBP) has rejected messages circulating on social media, regarding restrictions on ATM withdrawal exceeding Rs 1000.

In a series of tweets, the State Bank ‘categorically rejected’ such messages. “SBP categorically rejects the false message making rounds on social media, attributing to it that ATM cash withdrawal limit is restricted to Rs. 1,000,” said the central bank in a statement.

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

The statement comes after it was learned that messages are being circulated on social media stating that the State Bank of Pakistan (SBP) had placed an ATM withdrawal limit of Rs 1,000 was placed from January 21 till January 31, 2020.

People even reported receiving the fake message through SMS.

Comments

Comments are closed.