Regulatory Alerts2025-06-16 | FD Circular Letter No.02Standard Operating Procedures for Investment in Conventional Naya Pakistan Certificates
The Finance Department of Pakistan has issued updated Standard Operating Procedures directing all agent banks to remit the face value of Pound Sterling denominated Naya Pakistan Certificates to a designated State Bank of Pakistan Nostro account held at HBL Bank UK London. The circular provides exact banking coordinates, including the SWIFT code, IBAN, account number, and sort code, to standardize cross-border certificate investments. All existing regulatory instructions remain unchanged while the updated remittance protocol takes immediate effect.
Share