Branchless Banking Regulations definition

Branchless Banking Regulations means the Branchless Banking Regulations issued by the Banking Policy and Regulations Department of the State Bank of Pakistan dated July 12, 2016, and includes any other applicable rules, regulations and laws.
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Branchless Banking Regulations means the Branchless Banking Regulations issued by the Banking Policy and Regulations Department of the SBP and any other rules, regulations or laws that may be applicable to Branchless Banking as amended from time to time.
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Branchless Banking Regulations means the branchless banking regulations issued by the State Bank of Pakistan vide BPRD Circular No. 02 of 2008 dated 31st March 2008 as revised vide BPRD Circular No. 09 of 2011 dated 20th June 2011, and as may be further amended by SBP from time to time.
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Examples of Branchless Banking Regulations in a sentence

  • Exchange Companies are allowed to conduct branchless banking activities as agents of authorized financial institutions (Commercial/Islamic/Microfinance Banks) offering these services under Branchless Banking Regulations issued vide BPRD Circular No. 09 dated June 20, 2011.

  • An Exchange Company shall not portray itself as banking company or Authorized Financial Institution as defined in Branchless Banking Regulations.

  • An Exchange Company that intend to offer branchless banking agent services may approach any financial institution authorized to provide branchless banking services under Branchless Banking Regulations.

  • Exchange Company of ‘B’ Category that intend to offer branchless banking agent services may approach any financial institution authorized to provide branchless banking services under Branchless Banking Regulations.

  • Further, an Exchange Company of ‘B’ Category shall not portray itself as banking company or authorized financial institution as defined in Branchless Banking Regulations.

  • The Exchange Companies of ‘B’ Category are allowed to conduct branchless banking activities as agents of authorized financial institutions (Commercial/Islamic/Microfinance Banks) offering these services under Branchless Banking Regulations issued vide BPRD Circular No. 09 dated June 20, 2011.

  • These terms at all times shall be subject to the Branchless Banking Regulations and any relevant provision thereof will be deemed to be an integral part of these Terms and Conditions.

  • BPRD Circular No. 02 of 2008, Branchless Banking Regulations for Financial Institutions desirous to undertake branchless banking ( http://www.sbp.org.pk/bprd/2008/Annex_C2.pdf),unserved poor people.15 Branchless banking is defined as the delivery of financial services outside conventional bank branches using information and communications technologies and nonbank retail agents.

  • These developments are supported by an open and facilitative approach from the BoZ and will be regulated in the near future when the draft Branchless Banking Regulations (BB Regulations) and the draft National Payment Systems Guidelines on Electronic Money Issuance come into effect as regulations.

  • The Parties agree that the Services to be provided by (NAME OF INSTITUTION, etc.) hereunder shall always be provided within the limitations of and in accordance with the Branchless Banking Regulations.


More Definitions of Branchless Banking Regulations

Branchless Banking Regulations means the Regulations issued by State Bank of Pakistan vide BPRD Circular No. 09 dated June 20, 2011 and as amended from time to time;
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Branchless Banking Regulations means the Branchless Banking Regulations issued by the Banking Policy and Regulations Department of the State Bank of Pakistan, and any other rules, regulations or laws that may be applicable to
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Related to Branchless Banking Regulations

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Central Bank Regulations means the Central Bank (Supervision and Enforcement) Act 2013

  • Floodplain Management Regulations means this ordinance and other zoning ordinances, subdivision regulations, building codes, health regulations, special purpose ordinances, and other applications of police power. This term describes federal, state or local regulations, in any combination thereof, which provide standards for preventing and reducing flood loss and damage.

  • Procurement Regulations means, for purposes of paragraph 85 of the Appendix to the General Conditions, the “World Bank Procurement Regulations for IPF Borrowers”, dated November 2020.