KARACHI, Pakistan: To facilitate taxpayers, the State Bank of Pakistan (SBP) has announced banking hours for 27th, 28th and 30th June 2023 that all the banks will observe.
Pursuant to the request of the Federal Board of Revenue (FBR), following instructions regarding observance of banking hours and clearing / settlement of tax receipts on 27th, 28th & 30th June 2023 have been issued by the SBP for compliance by all banks in order to facilitate the taxpayers:
- On Tuesday, June 27, 2023 all Banks and SBP BSC field offices will remain open from 9:00 am to 8:00 pm for same day clearing whereas on Wednesday, June 28, 2023 all those branches of Banks that remain open on Saturdays will remain open from 9:00 am to 2:00 pm for same day clearing.
- The National Bank of Pakistan (NBP) Custom House Branch will remain open on Friday, June 30, 2023 from 9:00 am to 5:30 pm for special clearing to be held on 3rd July, 2023 at 09:00 am (value date of 30th June 2023).
- For the purpose of closing exercise for FY2022-23, to be held on 3rd July 2023, the SBP’s core banking as well as Pakistan Real-time Interbank Settlement Mechanism (PRISM) will be operating in value date of 30th June 2023.
- Banks and M/s NIFT shall accordingly define 30th June 2023, as working day in their systems so as to enable settlement of special clearings, to be held on 3rd July 2023, in value date of 30th June 2023.
