BR100 Increased By (1.24%)
BR30 Increased By (1.33%)
KSE100 Increased By (1.2%)
KSE30 Increased By (1.26%)
AGHA 7.87 Increased By ▲ 0.12 (1.55%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 59.80 Increased By ▲ 1.14 (1.94%)
BOP 34.36 Increased By ▲ 0.67 (1.99%)
CNERGY 10.93 Increased By ▲ 0.32 (3.02%)
CSIL 5.30 No Change ▼ 0.00 (0%)
FCCL 54.45 Increased By ▲ 0.71 (1.32%)
FFL 16.84 Increased By ▲ 0.38 (2.31%)
FNEL 1.23 Increased By ▲ 0.01 (0.82%)
KEL 7.47 Increased By ▲ 0.19 (2.61%)
KOSM 5.70 Increased By ▲ 0.06 (1.06%)
LOTCHEM 30.03 Increased By ▲ 0.38 (1.28%)
MLCF 97.17 Increased By ▲ 0.81 (0.84%)
NBP 206.10 Increased By ▲ 2.57 (1.26%)
NCPL 57.88 Increased By ▲ 1.03 (1.81%)
NPL 68.70 Increased By ▲ 1.39 (2.07%)
OGDC 321.15 Increased By ▲ 2.93 (0.92%)
PACE 10.75 Increased By ▲ 0.12 (1.13%)
PAEL 42.45 Increased By ▲ 0.68 (1.63%)
PIBTL 17.03 Increased By ▲ 0.22 (1.31%)
PPL 223.70 Increased By ▲ 3.53 (1.6%)
PRL 53.00 Increased By ▲ 3.95 (8.05%)
PTC 71.00 Increased By ▲ 0.99 (1.41%)
SSGC 29.56 Increased By ▲ 0.42 (1.44%)
TBL 9.92 Increased By ▲ 0.15 (1.54%)
TELE 8.91 Increased By ▲ 0.09 (1.02%)
TPL 17.33 Increased By ▲ 0.16 (0.93%)
TPLP 12.78 Increased By ▲ 0.27 (2.16%)
TREET 22.89 Increased By ▲ 0.30 (1.33%)
TRG 60.00 Decreased By ▼ -0.22 (-0.37%)
اردو
Android App
Print Edition Dollar to PKR
Intl Oil Prices Iran-US war Petrol Prices 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
comment
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