BR100 Increased By (0.68%)
BR30 Increased By (0.95%)
KSE100 Increased By (0.51%)
KSE30 Increased By (0.55%)
BECO 6.04 Increased By ▲ 0.27 (4.68%)
BML 52.79 Decreased By ▼ -0.21 (-0.4%)
BOP 34.32 Increased By ▲ 0.33 (0.97%)
CNERGY 8.13 Increased By ▲ 0.02 (0.25%)
DCL 12.15 Decreased By ▼ -0.05 (-0.41%)
FCCL 53.36 Increased By ▲ 0.53 (1%)
FCSC 5.19 Increased By ▲ 0.12 (2.37%)
FFL 18.07 Increased By ▲ 0.12 (0.67%)
FNEL 1.31 Increased By ▲ 0.02 (1.55%)
HUMNL 10.88 No Change ▼ 0.00 (0%)
KEL 8.09 Increased By ▲ 0.07 (0.87%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.39 Increased By ▲ 0.88 (1.02%)
NBP 187.18 Increased By ▲ 2.02 (1.09%)
PACE 10.70 Increased By ▲ 0.12 (1.13%)
PAEL 39.86 Increased By ▲ 0.44 (1.12%)
PIAHCLA 26.12 Decreased By ▼ -0.10 (-0.38%)
PIBTL 16.97 Increased By ▲ 0.30 (1.8%)
PPL 229.94 Increased By ▲ 1.76 (0.77%)
PRL 34.75 Increased By ▲ 0.07 (0.2%)
PTC 67.16 Increased By ▲ 1.83 (2.8%)
SEARL 90.88 Increased By ▲ 0.75 (0.83%)
SSGC 26.83 Increased By ▲ 0.23 (0.86%)
TELE 8.64 Increased By ▲ 0.36 (4.35%)
THCCL 58.49 Decreased By ▼ -0.01 (-0.02%)
TPLP 8.60 Increased By ▲ 0.38 (4.62%)
TREET 24.70 Increased By ▲ 0.17 (0.69%)
TRG 69.82 Increased By ▲ 0.11 (0.16%)
WAVES 10.09 Increased By ▲ 0.15 (1.51%)
WTL 1.30 Increased By ▲ 0.02 (1.56%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Print Print edition: 2021-12-13

SBP to launch Asaan Mobile Account today

KARACHI: The State Bank of Pakistan (SBP) will launch a new initiative, Asaan Mobile Account (AMA) today (Monday)....
Published December 13, 2021 Updated December 13, 2021 03:54pm
Save
1 min
comment 1
By Recorder Report
Add BRecorder as a trusted
source on Google
Google Preferred Source

KARACHI: The State Bank of Pakistan (SBP) will launch a new initiative Asaan Mobile Account (AMA) today (Monday). The initiative has been developed under the National Financial Inclusion Strategy with objective to bring further ease in remote account opening under branchless banking.

The customers would be able to open and operate their accounts in the comfort of their homes, without having to visit the branches, with any of the participating branchless banking providers.

VRG Pakistan to launch 'Asaan Mobile Account'

The solution has been developed through a collaboration of SBP, Pakistan Telecommunication Authority (PTA), National Database and Registration Authority (NADRA), 13 Branchless Banking (BB) Providers, all Cellular Mobile Operators (CMOs) and Virtual Remittance Gateway (VRG).

For AMA, the branchless banking providers and cellular mobile operators are collaborating to deliver an interoperable platform, allowing any Pakistani to open account with a bank. SBP believed that AMA will play a crucial role in reaching out to the low-income segments that do not have access to internet. Moreover, AMA will be a perfect conduit to onboard women customer segments as well.

Copyright Business Recorder, 2021

PTA SBP nadra CMOs Asaan Mobile Account (AMA)

Comments

Comments are closed for this article.

ghullam shabir Dec 13, 2021 09:45pm
How to open Asan Mobile A/C who can open the said account any documents / conditions required where to open &maintain/operate the account i.e to say parent Bank or any one else. Initial deposit to open the account Deposit & withdrawal of amount procedure?
0
More Stories

Browse all stories