CDC signs agreement with NIFT for enabling digital payments for its initiative “Emlaak Financials”

Karachi: Central Depository Company (CDC) is recognized as the infrastructure backbone of Pakistan’s Capital Market and it is the sole securities depository in the country, while NIFT is one of the largest payment processors in Pakistan. Central Depository Company (CDC) and National Institutional Facilitation Technologies (NIFT) signed an agreement to… Continue reading

OPENING OF BRANCHES TO FACILITATE THE COLLETION OF GOVERNMENT RECEIPTS/ DUTIES / TAXES ON MARCH 31, 2021

In order to facilitate the collection of Government receipts/ duties / taxes, it has been decided that the field officers of SBP Banking Services Corporation (SBP-BSC) and authorized branches of National Bank of Pakistan (NBP) will observe extended banking hours till 6:00 P.M. on March 31, 2021 (Wednesday). For which… Continue reading

BankIslami enables its account holders on NIFT ePay

BankIslami signs up with NIFT ePay for Digital Commerce Payments. Karachi: BankIslami, in line with its vision to enable and promote cash-less and digital payments, becomes the first Islamic bank to go live with NIFT ePay. National Institutional Facilitation Technologies (NIFT), one of the largest payment processors in Pakistan launched… Continue reading

Opening of concerned branches to facilitate the collection of Government receipts /duties/ taxes

In order to facilitate the collection of the government receipts/duties/taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP BSC) and authorized branches of National Bank of Pakistan (NBP) will observe extended banking hours till 9:00 P.M. on December 31, 2020 (Thursday), for which purpose… Continue reading

OPENING OF CONCERNED BRANCHES TO FACILITATE THE COLLECTION OF GOVERNMENT RECEIPTS / DUTIES / TAXES ON NOVEMBER 30, 2020

In order to facilitate the collection of Government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of National Bank of Pakistan (NBP) will observe extended banking hours till 9:00 P.M. on November 30, 2020 (Monday) for… Continue reading

OPENING OF BRANCHES FOR EXTENDED HOURS TO FACILITATE THE COLLECTION OF GOVERNMENT DUTIES / TAXES ON SEPTEMBER 30, 2020

All branches of the banks will observe extended banking hours till 8:00 P.M. on September 30, 2020 (Wednesday) to facilitate the collection of Government duties / taxes through their Over-the-Counter (OTC) facility. Further, it has been decided that NIFT will arrange a special clearing at 5:00 P.M. on September 30,… Continue reading

OPENING OF BRANCHES TO FACILITATE THE COLLECTION OF GOVERNMENT RECEIPTS / DUTIES / TAXES ON JUNE 30, 2020

In order to facilitate the collection of Government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of National Bank of Pakistan (NBP) will observe extended banking hours on June 30, 2020 (Tuesday) till 7:00 P.M. for… Continue reading