Showing posts with label Pakistani Currency Notes. Show all posts
Showing posts with label Pakistani Currency Notes. Show all posts

Sunday, June 11, 2017

How to get Fresh Currency Notes from Banks

State Bank of Pakistan has re-launched its SMS service for issuance of currency notes to general public on this Eid just like previous years. This SMS service enables you to avoid long queues and get the work done by just sending an SMS. It is a tradition to give fresh notes to younger ones as EIDI. Fresh currency notes have also been provided to commercial banks. 
The service will be provided through 1,000 e-branches in 120 cities across Pakistan to ensure maximum geographical coverage.
pakistani-currency-notes
Get Fresh Currency Notes from Banks on this Eid

How to get fresh currency notes?

To avail this service, you need to know e-branch ID of your nearest bank. You can obtain e-branch ID from here. Now, simply send 13 digit CNIC numbere-branch ID [e.g. 3230505531837(space)LHR072] code to 8877. Afterwards, you will receive an SMS consisting of redemption code, e-branch address and redemption branch validity date. The redemption code will be valid for two working days. Now, just visit the respective branch and provide the redemption code along with your original CNIC. You will be given bundles of new currency notes of Rs. 10, Rs. 50 and Rs. 100 depending on the availability of stock.

Quota for Currency Notes

SBP has fixed a quota of currency notes (depending upon availability)  to be issued to each person. This quota consist of:
Three packets of Rs. 10
One packet of Rs. 50
One packet of Rs. 100 

Terms and Conditions

Here are the terms and conditions for this State Bank of Pakistan service:
  • Any SMS sent to 8877 will be charged for Rs. 1.5 + tax per SMS.
  • New currency notes against a single CNIC and mobile number can be availed only ONCE.
  • For a different CNIC, use a different mobile number to get transaction code.
For any queries/complaints, you may contact the SBP BSC help desk at UAN 111-008-877 during office hours.
Update: On this Eid ul Azha, SBP has announced to 02 copies of Rs.10 notes for each person who send message on 8877. This offer is valid from 25 to 31 August 2017.

Saturday, July 4, 2015

State Bank announced Issuance of New Currency Notes on Eid via SMS


State Bank of Pakistan has decided provision of fresh bank notes via SMS Short Code 8877. This service is launched in collaboration of Pakistan Bank Association. This service will become functional from 20th Ramzan ul Mubarik (08 July 2015). 

Write your CNIC Number and Code Number of your selected bank branch and send it to 8877. You will receive Transaction Number and Bank Branch Address on your mobile phone via SMS. You can get one packet of each 10, 20 and 50 notes; and Rs.100 notes are subject to the availability of the notes. You can get fresh notes just by showing transaction code, your original CNIC and by paying amount to the selected bank branch.

List of 150 selected banks along with Branch Code and Address is available on SBP website at following address:
http://sbp.org.pk/BankNotes/Bank-Branches-FreshNote-Issuance-Mobile-SMS-2015.pdf
This service is initially available only on 150 bank branches of 28 cities and may be extended to other cities by SBP. SMS charges are Rs.2 + tax.



Saturday, May 30, 2015

How to Detect Fake/ Counterfeit Currency Notes


Everyone must know how to check the fake currency notes in Pakistan. Recently, the State Bank of Pakistan gave a statement about the existence of fake currency notes in the market. According to them some anti-state elements are involved in this illegal practice to harm the national economy. Pakistani currency notes have world’s best security features including geometrical features, electrotype watermarks, rainbow printing, anti-scan areas, cylinder mold and several other hidden features.

Detection of Fake Currency Notes
Image Source: www.dawnnews.tv/news/1014914

Pakistani currency notes have a number of security features. All the original banknotes have various security features that you can check easily and quickly. Below are few easy methods to check that either the bank note is original or fake.

UV Light Detection

Genuine currency notes will not change color when viewed under Ultraviolet Light. This is one of the foremost and quickest ways to detect a counterfeit currency note in a bundle. Pass Black light or UV light over currency notes and if you notice a note that is glowing with a bluish tinge, reject that note. Genuine currency note will not change its color. 

Security thread of Rs.5000 note, on viewing through ultra violet light yellow and blue fluorescent bands may be viewed.

Check Watermark

Watermark image of Quaid-e-Azam is found on front left side of the notes when viewed under light behind it. Denomination of note can also be found written in the watermark. This type of watermark is not printed but created by changing the thickness of the paper.

In fake notes the watermark is created with opaque ink or stamping a die etc which can be easily checked.

Security thread

In genuine currency notes, the security thread is partially embedded in the banknote paper at the front left side of the note. This thread can never be pulled out. The thread appears a continuous dark line at Rs10, Rs.50 and Rs.100 old design notes; the word ‘State Bank of Pakistan’ may be checked in the thread of Rs.500 and Rs.1000. The words ‘State Bank of Pakistan’ along with ‘denomination numeral’ may be checked at the new design banknotes of Rs.10 and Rs.20 whereas this appears as silver dashes at Rs 5000 banknotes.
Counterfeiters either print a dark strip or put a complete strip inside two sheets of paper.

Optical Variable Ink (OVI)

There is a flag with crescent moon and a star at front right side of 500, 1,000 and 5,000 currency notes. This is printed with Optical variable Ink (OVI) and changes color from green to magenta and magenta to green, when the note is viewed from different angles. If the flag doesn’t change color when the note is viewed from different angles, the note is fake.

Intaglio (raised) Printing

The portrait of Quaid-e-Azam and denomination numeral at the obverse is printed in intaglio (raised printing). The tactile lines at the extreme left and right are printed in intaglio. One can easily feel the raised printing by touch at the obverse on each banknote except Rs.10 banknote.

The Quaid’s jacket/sherwani will always leave a trace of roughness no matter how old the note is despite wear and tear, though it does become faint with older notes.

See Through

It comprises of 2 different images, one on the front and the other on the back. Denomination figure of the note in Urdu script appears partly at the obverse left top and partly at reverse right top giving a perfect look when viewed through light.

Counterfeiters imitate this feature quite often by printing in a dark and light shade to produce the impact when the note is viewed placed on a surface. However lifting the note for light to stream through will show no change unlike in the genuine note.

Check the Paper

The paper of Pakistani currency notes is 100% cotton based. The paper will never split in two at the edges like tissue paper does. If you notice that a currency note is splitting at the edges then reject it. 


Anti-scan and Anti-photocopy Lines

The area to the front left side of the note has fine anti-scan and anti-copy lines. These lines can not be scanned or photocopied thus prevent scanning and photo copying of the exact note. These lines magically vanish when the note is photocopied or scanned and then printed. Therefore, if the lines aren’t there you know it’s a fake.


Printing Color

Specialized ink is used for printing, which will never smear/ smudge or wipe even if wet. The ink of counterfeit notes generally smudge when wet.