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ISLAMABAD: Governor State Bank of Pakistan (SBP) Raza Baqir on Monday said that the SBP will ensure to give awareness on easy mobile account scheme.
According to details, the soft launch ceremony of easy mobile account scheme was held in State Bank of Pakistan (SBP).
According to this facility, the customers will be able to open bank account without paying visit to bank.
In the scheme, PTA, State Bank, NADRA, 13 banks and cell phone companies are involved.
While addressing the ceremony, Governor SBP said that now the opening of bank accounts in Pakistan has become very easy.
“AMA is expected to bring a significant increase in bank account opening and the lack of internet access or proximity to branchless banking outlets/bank branches would no longer be barriers for Pakistanis to access financial services,” he said, adding that accounts can now be opened simply by dialling a USSD code *2262# from any mobile phone (smart or simple feature phone) through any mobile network, without requiring internet connectivity.
It is pertinent to mention here that the customers will have the choice to choose from any of the 13 branchless banking service providers that are currently offering AMA.
Baqir highlighted that the AMA would play an important role in enhancing digital access and the use of formal financial services in the country.
He added that Pakistan has over 187 million biometrically verified mobile subscribers with a tele-density of around 85%, however; there are only 106 million 3G/4G subscribers with mobile internet penetration standing at 48%.
On the occasion, Chairman NADRA ensured to offer full coordination in order to make the scheme successful. He added that even before the launching ceremony, a transaction of 10 billion has been made for the branch lease banking.
