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The State Financial institution of Pakistan (SBP) on Wednesday rejected complaints on social media claiming that the banks should not accepting donations within the reduction fund established by Punjab and KP provinces for flood affectees.
In a message on its Twitter deal with, the central financial institution mentioned that it has come to their discover that a couple of complaints have been circulating on social media platforms relating to non-acceptance of donations from normal public in “CM Flood Reduction Fund” of KP and Punjab.
The SBP, nonetheless mentioned that upon enquiry, the involved banks knowledgeable that such complaints are baseless and they’re accepting donations within the “CM Flood Reduction Fund” by way of all doable channels (together with over-the-counter (OTC) money transactions, on-line transfers and each worldwide and native bank card transfers).
“The related banks have additionally confirmed that transactions are happening in these accounts on day by day foundation,” they mentioned.
It mentioned that the banks have additionally assured that they’re making all doable efforts to play their function within the noble reason behind serving to individuals affected attributable to floods.
“The donors dealing with any downside might please lodge their complaints with the related banks or method State Financial institution of Pakistan,” the SBP mentioned.
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