Standard Operating Procedures for Investment in Naya Pakistan Certificates

Agent banks must remit the face value of UAE Dirham denominated Naya Pakistan Certificates to the State Bank of Pakistan's Nostro Account at Emirates NBD Bank, Dubai, effective October 15, 2026. The remittance must be directed to the specified payee details, including account number 1262149333201 and SWIFT code EBILAEADXXX. All other existing instructions regarding these certificates remain unchanged.

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FD Circular Letter No. 05

Standard Operating Procedures (SOPs) for Investment in Naya Pakistan Certificates

October 07, 2026

48027

The Presidents / Chief Executives

All NPC Agent Banks

Dear Sirs/Madams,

Standard Operating Procedures (SOPs) for Investment in Naya Pakistan Certificates

Please refer to Finance Department Circular Letter No. 4 of 2026 dated June 01, 2026 regarding issuance of UAE Dirham (AED) denominated Naya Pakistan Certificates (NPCs).

In this regard, all agent banks are hereby informed that they shall remit the face value of the AED denominated Certificates to the following Nostro Account of SBP maintained with Emirates NBD Bank, Dubai from October 15, 2026 :

Name of Payee : State Bank of Pakistan

Payee's Address: I.I. Chundrigar Road, Karachi, Pakistan

Payee's SWIFT Code: SBPPPKKA

Bank Name: Emirates NBD Bank

Bank Address: Dubai, UAE

Payee's Account No: 1262149333201

Bank SWIFT Code: EBILAEADXXX

All other instructions on the subject will remain unchanged.

Please acknowledge receipt.

Yours sincerely,

Syed Dabir Saeed Shah Director-Finance

Home — Circulars — FD Circular Letter No. 05

Standard Operating Procedures (SOPs) for Investment in Naya Pakistan Certificates

October 07, 2026

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Source: State Bank of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works