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SBP field offices to open on Dec 31 to facilitate exchange of old banknotes

December: 28, 2022: Opening of field offices of Stat Bank of Pakistan (SBP) BSC on Dec 31, 2022 for exchanging Old designed demonetized banknotes.

In terms of federal government notification dated December 23, 2021 last date for exchangeability of old design large, size banknotes of Rs 10, 50, 100 & 1000 is December 31, 2022.

These banknotes are exchangeable from the field offices of State Bank of Pakistan’s subsidiary, namely, SBP
Banking Services Corporation (SBP-BSC) only.

In order to facilitate the public, the SBP BSC field offices shall
remain open on Saturday, December 31, 2022 up to 8 PM, besides working for extending hours on Friday December 30, 2022. Public is requested to get these old design, large size banknotes of Rs. 10, 50, 100, 1000 exchanged on or before December 31, 2022.

After expiry of the above deadline, abovementioned banknotes shall no longer be exchanged.

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