Times of Islamabad

Overseas Pakistanis get a good news from State Bank of Pakistan

Overseas Pakistanis get a good news from State Bank of Pakistan

ISLAMABAD – *Overseas Pakistanis get a good news from State Bank ofPakistan, media has reported. *

The State Bank of Pakistan (SBP) has allowed the expatriates to continueoperating their bank accounts in the country without biometric verificationafter proving their identity as Overseas Pakistanis in their local banks.

This was revealed by Special Assistant to the Prime Minister on OverseasPakistanis and Human Resource Development Sayed Zulfikar Abbas Bukhari in atweet on Thursday.

He expressed hope that the step would facilitate Pakistani diaspora livingacross the globe.

Earlier, the SBP had asked Pakistani banks to register their all accountholders through biometric verification in order to block fake bank accountsand to discourage money laundering and terror financing.