81.2 F
Pakistan
Tuesday, June 30, 2026
HomeBusinessSBP issues fresh guidelines on blocking bank accounts

SBP issues fresh guidelines on blocking bank accounts

The State Bank has directed all banks not to block customer accounts without a valid legal basis, the approval of the competent authority, and proper verification. Earlier, the Islamabad High Court has mandated that banks cannot freeze or block accounts without verified, lawful legal justification and due process. The State Bank submitted a compliance report The post SBP issues fresh guidelines on blocking bank accounts appeared first on MM News.

Read full story on Mm News

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments