Top Stories
​
  • Issue was reported by multiple customers that banks were charging extra fees for receipts
  • SBP issued clarification after being blamed for the charges

The State Bank of Pakistan distanced itself from the ATM receipt fees being charged by banks from customers recently.Multiple banks in the country have started charging their customers for seeking a receipt following cash withdrawals or inquiring about the balance, when using the ATM.  
According to The Express Tribune, the regulator said that it has “issued no directives to commercial banks to charge (fee) against the service for balance inquiry through ATMs”. nquiry
However, the banks have the right to charge against services on the condition that the charges do not contradict any of its (SBP) directives, said the statement quoted by the publication.
The issue had come forward after multiple users had taken to social media to report the extra fee being charged by the banks.

On By marabye

You may also like

Simon Bridges' book might not be an insider’s tell-all, but it reveals what is inside the mind of a politician.

Lets just get the obvious question out of the way. Nationals support has collapsed. The partys leader Judith Collins is...

One Hospital Command personnel's services cover medical concerns that are not only related to COVID-19.

One Hospital Command personnel’s services cover medical concerns that are not only related to COVID-19. At the Laging Handa briefing...

Federal health officials have said about 3 percent of U.S. adults are immunocompromised.

Making such patients eligible for an extra shot, doctors say, is preferable to having worried patients seek out additional inoculations...

Unbeatable Football is what they’re calling it at SuperSport and it’s easy to see why with the new season laced with rivalries, tension, tradition and more storylines than your favourite Hollywood thriller.

{“slug”:”football”,”name”:”Football”,”menu”:[],”topics”:[{“group_name”:”South Africa”,”topics”:[{“name”:”MTN8″,”slug”:”mtn8″,”parent_slug”:”mtn8″,”uri”:null,”hidden_tabs”:[“logs”]},{“name”:”DStv Premiership”,”slug”:”dstv-premiership”,”parent_slug”:”dstv-premiership”,”uri”:null,”hidden_tabs”:[]},{“name”:”GladAfrica Championship”,”slug”:”national-first-division”,”parent_slug”:”national-first-division”,”uri”:null,”hidden_tabs”:[“scorers”]},{“name”:”Bafana”,”slug”:”bafana”,”parent_slug”:”bafana”,”uri”:null,”hidden_tabs”:[“logs”,”top-scorers”]},{“name”:”DStv Diski Challenge Rewired”,”slug”:”dstv-diski-challenge”,”parent_slug”:”dstv-diski-challenge”,”uri”:null,”hidden_tabs”:[“top-scorers”]},{“name”:”Nedbank Cup”,”slug”:”nedbank-cup”,”parent_slug”:”nedbank-cup”,”uri”:null,”hidden_tabs”:[“logs”]},{“name”:”Carling Black Label Cup”,”slug”:”carling-black-label-cup”,”parent_slug”:”carling-black-label-cup”,”uri”:null,”hidden_tabs”:[“logs”,”top-scorers”]}]},{“group_name”:”Europe”,”topics”:[{“name”:”English Community Shield”,”slug”:”community-shield”,”parent_slug”:”community-shield”,”uri”:null,”hidden_tabs”:[“logs”,”top-scorers”]},{“name”:”UEFA Super Cup”,”slug”:”uefa-super-cup”,”parent_slug”:”uefa-super-cup”,”uri”:null,”hidden_tabs”:[“top-scorers”,”logs”]},{“name”:”English Championship”,”slug”:”english-championship”,”parent_slug”:”english-championship”,”uri”:null,”hidden_tabs”:[“top-scorers”]},{“name”:”Premier League”,”slug”:”premier-league”,”parent_slug”:”premier-league”,”uri”:null,”hidden_tabs”:[]},{“name”:”French Ligue 1″,”slug”:”france”,”parent_slug”:”france”,”uri”:null,”hidden_tabs”:[]},{“name”:”Italy Serie...