SBP Asks Exchange Companies to Implement Biometric Verification System by June 2022

The State Bank of Pakistan (SBP) has extended the deadline till 30th June 2022 for exchange companies (ECs) to ensure the implementation of the Biometric Verification System (BVS). The SBP had restricted buying of dollars from the open market and made biometric verification compulsory for buying $500 or above, in a bid to curb the […]