SBP Says Complaints of Banks Not Accepting Donations For Flood Victims Are Baseless

The State Bank of Pakistan (SBP) has clarified reports regarding banks not accepting donations from general public for in accounts designated for flood relief victims, including CM Flood Relief Fund for KP and Punjab.

“It has been noticed that a few complaints have been circulating on social media platforms regarding non-acceptance of donations from general public in “CM Flood Relief Fund” of KP and Punjab.” said SBP in their press release.

The SBP added that it has carried out an inquiry and concerned banks have informed that such accusations are baseless as they are accepting donations in the “CM Flood Relief Fund” through all possible channels, including over the counter cash transactions, online transfers and both international and local credit card transfers.

Furthermore, the banks have confirmed that transactions in these accounts are taking place on a daily basis.

The banks have also assured that they are making all possible efforts to play their role in the noble cause of helping people affected due to floods. The donors facing any problem may please lodge their complaints with the relevant banks or approach State Bank of Pakistan at cpd.helpdesk@sbp.org.pk.

Read more: CM Punjab Launches Flood Relief Fund.

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