ahlam1399
09-03-2016, 06:06 PM
ISLAMABAD: The old design bank**tes will cease to be legal tender with effect from December 1, 2016 as per Federal Government’s Gazette **tification.
According to SBP **tification, it has **w been decided to phase out all remaining old design bank**tes of Rs 10, 50, 100 and 1000 while the Rs 5 bank**te and the old design Rs 500 bank**te have already been demonetized.
It is worth mentioning that SBP issued a new design bank**te ******, which started with the issuance of Rs 20 de**mination bank**te in 2005, to improve the security, durability and aesthetic quality of bank**tes.
The process of issuance of complete ****** of new design bank**tes, comprising eight de**minations (Rs 5, 10, 20, 50, 100, 500, 1000 and 5000) was completed in 2008.
The commercial microfinance banks will accept the old design bank**tes of Rs 10, 50, 100 and 1000 and exchange the same with the new design bank**tes and coins of all de**minations up to 30th **vember 2016 only.
However SBP BSC field ******s will continue to accept the old design bank**tes of Rs 10, 50, 100 & 1000 from general public up to December 31, 2021.
The last day to exchange all old design bank**tes from banks is **vember 30, 2016.
All old design bank**tes shall cease to be legal tender on December 01, 2016 while last day to exchange all such bank**tes from SBP BSC field ******s is December 31, 2021, it added.
http://feeds.feedburner.com/~r/com/YEor/~4/lIc-XWSqSHY
أكثر... (http://feedproxy.google.com/~r/com/YEor/~3/lIc-XWSqSHY/147508-Old-bank**tes-cease-to-be-legal-tender-from-Dec-1st)
According to SBP **tification, it has **w been decided to phase out all remaining old design bank**tes of Rs 10, 50, 100 and 1000 while the Rs 5 bank**te and the old design Rs 500 bank**te have already been demonetized.
It is worth mentioning that SBP issued a new design bank**te ******, which started with the issuance of Rs 20 de**mination bank**te in 2005, to improve the security, durability and aesthetic quality of bank**tes.
The process of issuance of complete ****** of new design bank**tes, comprising eight de**minations (Rs 5, 10, 20, 50, 100, 500, 1000 and 5000) was completed in 2008.
The commercial microfinance banks will accept the old design bank**tes of Rs 10, 50, 100 and 1000 and exchange the same with the new design bank**tes and coins of all de**minations up to 30th **vember 2016 only.
However SBP BSC field ******s will continue to accept the old design bank**tes of Rs 10, 50, 100 & 1000 from general public up to December 31, 2021.
The last day to exchange all old design bank**tes from banks is **vember 30, 2016.
All old design bank**tes shall cease to be legal tender on December 01, 2016 while last day to exchange all such bank**tes from SBP BSC field ******s is December 31, 2021, it added.
http://feeds.feedburner.com/~r/com/YEor/~4/lIc-XWSqSHY
أكثر... (http://feedproxy.google.com/~r/com/YEor/~3/lIc-XWSqSHY/147508-Old-bank**tes-cease-to-be-legal-tender-from-Dec-1st)