SBP clarifies marked currency notes remain acceptable

In light of widespread misinformation circulating on social media, the State Bank of Pakistan (SBP) has issued a clear statement, rejecting all claims that marked currency notes are no longer valid.

The SBP’s clarification comes in response to a disruptive frenzy stirred across social media platforms by fake notifications recently.

Noor Ahmed, the chief spokesperson of the SBP, addressed the issue, stating that these claims are entirely false and that “no official notification was issued in this regard.”

This isn’t the first time the central bank has addressed concerns about currency defacement. In 2014, the SBP cautioned the public against writing on currency notes, particularly political slogans. The move came after Pakistan Awami Tehreek leader Tahirul Qadri urged supporters to circulate notes marked with the slogan “Go Nawaz Go,” as reported.

At the time, the SBP reiterated that damaged or defaced currency was illegal, warning users they would bear the financial loss for using such notes. Banks were also instructed to reject any notes carrying political messages.

The SBP emphasized that currency notes are “a national asset and should be treated appropriately.”

This latest clarification aims to dispel confusion and reassure the public that marked notes — such as those with pen marks or handwriting — are still legally acceptable in daily transactions.