State Bank of Pakistan explains How to open “Asaan Mobile Account”
State Bank of Pakistan has introduced a new type of bank account as the “Asaan Mobile Account”. The word “Asaan” means easy and the account holds the basic features of any usual bank account. This new Bank account type is created for people who cannot open up standard accounts in any bank in Pakistan. As we know, opening a bank account in any Bank requires proof of employment or proof of source of income. However, the Asaan Mobile Account does not require any such proof and allows anyone to open up a bank account for transactions. The account only requires a mobile number to set up.
Asaan Mobile Account (AMA) will serve as a platform for low-income individuals. Moreover, the program is undertaken by the State Bank of Pakistan as well as the Pakistan Telecommunication Authority (PTA). T...