Karachi: On the instructions of Supreme Court of Pakistan, the State Bank of Pakistan has abolished all kinds of bank charges on donations made for dam funds, reported a news source. Donations through debit cards, credit cards, and payment cards will not be levied with any bank charges now.
In this regard, the State Bank has also notified other banks and financial institutions. According to the PSC Circular No. 2018/6, banks receiving donations will not charge the donor with Interchange Fees, Merchant Discount Rate, Transaction Fees, and all other charges otherwise levied on regular bank transactions.
