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Sbp Clean Note Policy 2022 Pdf Download |best| ✮ <Proven>

Banks must accept "Clearly Payable Defective Notes" (e.g., notes in two pieces or slightly damaged) as soiled notes if at least 3/4th of the note is intact. Standardized Cash Handling Procedures

Cash processing areas must have high-resolution CCTV coverage, with footage retained for at least 60 days to resolve disputes. SBP Penalty Structure for Non-Compliance State Bank of Pakistan

A critical directive in 2022 was the final extension for exchanging old-design large-size banknotes: sbp clean note policy 2022 pdf download

Penalty Structure for Violation of Cash Management Instructions

The deadline to exchange old-design Rs 10, 50, 100, and 1,000 notes was extended to December 31, 2022 . Banks must accept "Clearly Payable Defective Notes" (e

After this date, these old-design notes lost their legal tender status and are no longer exchangeable at any SBP BSC office or bank counter.

All cash must be machine-authenticated to ensure it is "Fit for Reissue". After this date, these old-design notes lost their

Removing soiled, cut, or mutilated notes and replacing them with fresh currency.

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