{"id":821,"date":"2015-06-04T15:30:10","date_gmt":"2015-06-04T10:30:10","guid":{"rendered":"https:\/\/smartchoice.pk\/blog\/?p=821"},"modified":"2016-08-04T11:35:19","modified_gmt":"2016-08-04T06:35:19","slug":"sbp-allows-exchange-companies-to-collect-bills","status":"publish","type":"post","link":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/","title":{"rendered":"SBP Allows Exchange Companies to Collect Bills"},"content":{"rendered":"

State Bank of Pakistan, in a circular on June 3rd<\/a>, has invited ‘A’ category exchange companies to collect bill payments and install banks’ ATM machines at their premises. Exchange companies can enter into agreement with entities like K-Electric, WAPDA, PTCL, SSGCL etc and collect bills on their behalf.<\/p>\n

State Bank has also permitted the exchange houses to install ATMs (agreement with any authorized bank) at the premises for which no prior approval from SBP is needed. For bill collection, however, the copy of the final agreement with the companies would need to be submitted to the\u00a0Director of Exchange Policy Department\u00a0of\u00a0State Bank in\u00a0Karachi.<\/p>\n

Both the bill collection and currency dispersion via ATMs would be in PKR. The main purpose for this step is to not only enhance the business scope of Exchange Companies but also provide more venues to the people to pay their bills with ease. Bill payment is already done through various avenues, for example banks, mobile banking, internet banking, ATMs, Kiosks etc and Exchange Houses will be the new channel for bill payment.<\/p>\n","protected":false},"excerpt":{"rendered":"

State Bank of Pakistan, in a circular on June 3rd, has invited ‘A’ category exchange companies to collect bill payments […]<\/p>\n","protected":false},"author":34,"featured_media":825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[786,796],"tags":[300,299,298,297],"yoast_head":"\nSBP Allows Exchange Houses to Collect Bills<\/title>\n<meta name=\"description\" content=\"'A' Category Exchange Houses can now collect bills of utility companies and also install Banks' ATMs at their premises.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP Allows Exchange Houses to Collect Bills\" \/>\n<meta property=\"og:description\" content=\"'A' Category Exchange Houses can now collect bills of utility companies and also install Banks' ATMs at their premises.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/\" \/>\n<meta property=\"og:site_name\" content=\"Smartchoice.pk\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smartchoice.pk\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-04T10:30:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-08-04T06:35:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"265\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Khurram Zahid\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smartchoicepk\" \/>\n<meta name=\"twitter:site\" content=\"@smartchoicepk\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Khurram Zahid\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/\"},\"author\":{\"name\":\"Khurram Zahid\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/#\/schema\/person\/34eb4df2f66e210be36fb86fa1d3ea9a\"},\"headline\":\"SBP Allows Exchange Companies to Collect Bills\",\"datePublished\":\"2015-06-04T10:30:10+00:00\",\"dateModified\":\"2016-08-04T06:35:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/\"},\"wordCount\":186,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg\",\"keywords\":[\"ATMs at exchange houses\",\"Currency exchange houses\",\"SBP\",\"utility bill payment\"],\"articleSection\":[\"Banking\",\"General\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/\",\"url\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/\",\"name\":\"SBP Allows Exchange Houses to Collect Bills\",\"isPartOf\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg\",\"datePublished\":\"2015-06-04T10:30:10+00:00\",\"dateModified\":\"2016-08-04T06:35:19+00:00\",\"description\":\"'A' Category Exchange Houses can now collect bills of utility companies and also install Banks' ATMs at their premises.\",\"breadcrumb\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#primaryimage\",\"url\":\"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg\",\"contentUrl\":\"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg\",\"width\":400,\"height\":265},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/smartchoice.pk\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SBP Allows Exchange Companies to Collect Bills\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/#website\",\"url\":\"https:\/\/smartchoice.pk\/blog\/\",\"name\":\"Smartchoice.pk\",\"description\":\"Personal finance, insurance & life style tips to help you make smart decisions\",\"publisher\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/smartchoice.pk\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/#organization\",\"name\":\"Smartchoice.pk\",\"url\":\"https:\/\/smartchoice.pk\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2021\/12\/logo_bold_ver.png\",\"contentUrl\":\"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2021\/12\/logo_bold_ver.png\",\"width\":400,\"height\":252,\"caption\":\"Smartchoice.pk\"},\"image\":{\"@id\":\"https:\/\/smartchoice.pk\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smartchoice.pk\/\",\"https:\/\/x.com\/smartchoicepk\",\"https:\/\/www.linkedin.com\/company\/smartchoice-pk\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/#\/schema\/person\/34eb4df2f66e210be36fb86fa1d3ea9a\",\"name\":\"Khurram Zahid\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/smartchoice.pk\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39d77fbc551a39a9bc489c76ca50bd72?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39d77fbc551a39a9bc489c76ca50bd72?s=96&d=mm&r=g\",\"caption\":\"Khurram Zahid\"},\"url\":\"https:\/\/smartchoice.pk\/blog\/author\/khurramzahid\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SBP Allows Exchange Houses to Collect Bills","description":"'A' Category Exchange Houses can now collect bills of utility companies and also install Banks' ATMs at their premises.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/","og_locale":"en_US","og_type":"article","og_title":"SBP Allows Exchange Houses to Collect Bills","og_description":"'A' Category Exchange Houses can now collect bills of utility companies and also install Banks' ATMs at their premises.","og_url":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/","og_site_name":"Smartchoice.pk","article_publisher":"https:\/\/www.facebook.com\/smartchoice.pk\/","article_published_time":"2015-06-04T10:30:10+00:00","article_modified_time":"2016-08-04T06:35:19+00:00","og_image":[{"width":400,"height":265,"url":"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg","type":"image\/jpeg"}],"author":"Khurram Zahid","twitter_card":"summary_large_image","twitter_creator":"@smartchoicepk","twitter_site":"@smartchoicepk","twitter_misc":{"Written by":"Khurram Zahid","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#article","isPartOf":{"@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/"},"author":{"name":"Khurram Zahid","@id":"https:\/\/smartchoice.pk\/blog\/#\/schema\/person\/34eb4df2f66e210be36fb86fa1d3ea9a"},"headline":"SBP Allows Exchange Companies to Collect Bills","datePublished":"2015-06-04T10:30:10+00:00","dateModified":"2016-08-04T06:35:19+00:00","mainEntityOfPage":{"@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/"},"wordCount":186,"commentCount":0,"publisher":{"@id":"https:\/\/smartchoice.pk\/blog\/#organization"},"image":{"@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#primaryimage"},"thumbnailUrl":"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg","keywords":["ATMs at exchange houses","Currency exchange houses","SBP","utility bill payment"],"articleSection":["Banking","General"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/","url":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/","name":"SBP Allows Exchange Houses to Collect Bills","isPartOf":{"@id":"https:\/\/smartchoice.pk\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#primaryimage"},"image":{"@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#primaryimage"},"thumbnailUrl":"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg","datePublished":"2015-06-04T10:30:10+00:00","dateModified":"2016-08-04T06:35:19+00:00","description":"'A' Category Exchange Houses can now collect bills of utility companies and also install Banks' ATMs at their premises.","breadcrumb":{"@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#primaryimage","url":"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg","contentUrl":"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2015\/06\/18atm31.jpg","width":400,"height":265},{"@type":"BreadcrumbList","@id":"https:\/\/smartchoice.pk\/blog\/2015\/06\/sbp-allows-exchange-companies-to-collect-bills\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/smartchoice.pk\/blog\/"},{"@type":"ListItem","position":2,"name":"SBP Allows Exchange Companies to Collect Bills"}]},{"@type":"WebSite","@id":"https:\/\/smartchoice.pk\/blog\/#website","url":"https:\/\/smartchoice.pk\/blog\/","name":"Smartchoice.pk","description":"Personal finance, insurance & life style tips to help you make smart decisions","publisher":{"@id":"https:\/\/smartchoice.pk\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/smartchoice.pk\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/smartchoice.pk\/blog\/#organization","name":"Smartchoice.pk","url":"https:\/\/smartchoice.pk\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/smartchoice.pk\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2021\/12\/logo_bold_ver.png","contentUrl":"https:\/\/smartchoice.pk\/blog\/wp-content\/uploads\/2021\/12\/logo_bold_ver.png","width":400,"height":252,"caption":"Smartchoice.pk"},"image":{"@id":"https:\/\/smartchoice.pk\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smartchoice.pk\/","https:\/\/x.com\/smartchoicepk","https:\/\/www.linkedin.com\/company\/smartchoice-pk"]},{"@type":"Person","@id":"https:\/\/smartchoice.pk\/blog\/#\/schema\/person\/34eb4df2f66e210be36fb86fa1d3ea9a","name":"Khurram Zahid","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/smartchoice.pk\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39d77fbc551a39a9bc489c76ca50bd72?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39d77fbc551a39a9bc489c76ca50bd72?s=96&d=mm&r=g","caption":"Khurram Zahid"},"url":"https:\/\/smartchoice.pk\/blog\/author\/khurramzahid\/"}]}},"_links":{"self":[{"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/posts\/821"}],"collection":[{"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/comments?post=821"}],"version-history":[{"count":3,"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/posts\/821\/revisions"}],"predecessor-version":[{"id":824,"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/posts\/821\/revisions\/824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/media\/825"}],"wp:attachment":[{"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/media?parent=821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/categories?post=821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smartchoice.pk\/blog\/wp-json\/wp\/v2\/tags?post=821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}