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State Bank Of Pakistan
State Bank of Pakistan Addresses Misinformation About New Currency Notes:
The State Bank of Pakistan (SBP) has officially issued a clarification regarding recent rumors circulating on media and social platforms about the issuance of new currency notes to banks. The central bank has stated that reports suggesting the establishment of a “Fresh Cash Counter” in banks are misrepresented and incorrect.
According to the official press release, the new currency notes of denominations 5000, 1000, and 500 are being provided exclusively for ATM replenishment and not for over-the-counter distribution to the general public. This step ensures that ATM users have access to fresh and high-quality banknotes while maintaining smooth cash circulation across the banking sector.
SBP has urged citizens to rely only on official sources for banking-related updates and avoid spreading or believing misinformation. For further details and verification, the State Bank of Pakistan advises the public to visit its official website www.sbp.org.pk. Please find the official press release below:
STATE BANK OF PAKISTAN
PRESS RELEASE
The News Circulating on Media & Social Platforms Regarding New Currency Notes issued to Banks is being Misrepresented. No “Fresh Cash Counter” from the State Bank of Pakistan is being set up in Banks. The Cash provided to Banks consists of new Currency Notes of 5000, 1000, and 500 denominations, only for ATMs
State Bank of Pakistan
For more information, visit our website :www.sbp.org.pk
No “Fresh Cash Counter” in Banks – SBP Addresses Misrepresentation of New Currency Notes:
Misinformation about currency policies, banking services, and financial regulations can cause unnecessary confusion among the public. The State Bank of Pakistan (SBP) has once again reiterated the importance of fact-checking news before sharing it on media platforms.
To stay updated on official banking policies, new currency issuances, financial regulations, and economic reforms, always rely on State Bank of Pakistan’s official website and trusted news sources. Avoid believing in unverified news circulated on social media.
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