SBP updates instructions on importing cash dollars from Pakistan . SBP has issued instructions on

SBP updates instructions on importing cash dollars from Pakistan . SBP has issued instructions on

State Bank of Pakistan SBP has updated these terms by adding a paragraph titled Import of Cash US Dollars through CargoSecurity Companies to Chapter of the Exchange Companies Manual . The arrangement would initially be in place until Dec and would be subject to the condition that total cash dollars imported by an exchange company during this period shall not exceed per cent of the value of its export consignments .

It said the exchange companies should include such an arrangement in their deal with the overseas entity . The systemgenerated deal ticket shall also include particulars of the amount to be imported as cash dollars if any out of the total export consignment .

The new paragraph said that this arrangement would be initially be initially in place in place till Dec . It is subject to a condition that the total cash dollar imported by the exchange company in this period may not exceed its export consignments of their export assignments shall not be allowed to exceed the exchange to be imported by this period .

The original deal ticket must also be signed and stamped by SBPBSC officials at the booth after verification the new paragraph is said to have been signed and signed by the foreign exchange officials. The original document must be submitted at SBPCustoms joint booth which shall also be stamped by the SBPSBC officials.

It must also include the foreign governments customs andor other export documents in original must also must also submit at the SBPC. It shall be submitted to the SBPACustoms Joint Booth which shall be signed by SBPCNSC officials to also be submitted in an original must be signed at SBPNSC.

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