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Friday, November 15, 2024

Home Business SBP suspends authorization of Money Link Exchange Company

SBP suspends authorization of Money Link Exchange Company

by Staff Report
August 29, 2023
in Business, Pakistan

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The State Bank of Pakistan has suspended, with immediate effect, the authorization of an Exchange Company, namely, M/s Money Link Exchange Company (Private) Limited for a period of three months on account of serious violation regulations and instructions.

The Exchange Company, its Head Office and all nine (09) outlets have been banned from undertaking any kind business activity during the suspension period.