Please refer to Regulation O-3 of Prudential Regulations for Corporate/Commercial banking, in terms of which banks/DFIs are required to reconcile/clear outstanding entries in Inter Branch Accounts and Suspense Account within 30 days from the date the entry is made in the said accounts.

2. It has been decided that the requirement of reconciliation/clearance within thirty days shall not be applicable to the premium on Crop Loan Insurance Scheme (CLIS) receivable from Government of Pakistan (GoP). The outstanding amount shall, however, be reconciled/cleared immediately on reimbursement of premium amount from the GoP.

3. All other instructions on the subject shall, however, remain unchanged.

4. Please acknowledge receipt.