🚨 Alert 🚨 The State Bank of Pakistan has made it easier to open an Asaan Mobile Account (AMA) by waiving the One Time Password (OTP) and Call Back Confirmation (CBC) requirement until May 2023.
Customers will still have to undergo a NADRA biometric verification within 60 days of opening the account or it will be treated as debit blocked after a 10 day notice period.
The AMA allows Pakistani citizens to open a bank account digitally using any mobile operator's SIM, and the platform has recorded over 5.7 million AMA accounts with transactions worth over Rs. 42.9 billion.
The AMA was launched under the National Financial Inclusion Strategy to make it easy and affordable for low-income individuals to access financial services. 💰 Read more on this link: propakistani.pk/2022/12/27/sbp… #Pakistan #AMA #banking
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