Streamlining biometric verification
Reform IDF543
DescriptionThe CCOF allows biometric verification to be conducted online via the NADRA app and limits biometric verification requirements to natural persons authorized to open and/or operate the account. NADRA is required to carry out a detailed assessment of its services and implement corrective actions to provide reliable online service to commercial banks.
DepartmentState Bank of Pakistan - SBP
Jurisdiction / LocationFederal - Entire Pakistan
SectorAll Sectors
Start Date
Target Deadline
Date Enacted
Implementation StatusCompleted
Progress 100%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence