SBP allows banks to open accounts on NADRA receipt/token

The State Bank of Pakistan (SBP) has allowed banks / development finance institutions (DFIs) to open accounts on the basis of National Database and Registration Authority’s (NADRA) receipt/token in case of expired Computerized National Identity Cards (CNICs).According to the central bank, to facilitating the general public, it has been decided to allow the opening of account on the basis of attested copies of NADRA receipt/token and expired CNIC, provided all other requirements of account opening.