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State Bank updates FE and EC’ manuals

Staff Reporter

State Bank of Pakistan has updated foreign exchange and exchange companies’ manuals to facilitate stakeholders including banks, exchange companies, B-category exchange companies, exporters, importers, travel agents and carriers.
Updation of the manuals is done to provide related rules/regulations at one place to ensure compliance with them.
It may be recalled that since issuance of the two manuals in 2018, several changes/amendments in the foreign exchange rules/regulations have been announced through SBP’s circulars, circular letters and notifications.
All these changes/amendments have now been incorporated in these manuals, which are available at SBP website.