The main functions of each division are as under:-
1.
Remittance Management Division
o
Overseeing Currency Operations viz: Supply, Distribution, Withdrawal,
Verification and Cancellation of Notes and coins in accordance
with treasury rules and other applicable laws
o Preparing annual notes and coins indent and managing demonetization.
o Ensuring accurate booking/ reporting of various cash management
statements and taking corrective measures on timely basis if required.
o Issuing of Policy/Instructions to all the Field Offices regarding
management of currency.
o Need assessment and procurement of cash handling and counterfeit
detection equipments in coordination with BSSD (SBP)
o Promoting mechanization by identifying, analyzing, facilitating
procurement and utilization of various machines.
o Overseeing Currency Sorting Cell Operations
2.
Chest Operations & Compliance Division
o
Effective monitoring of chest balances and taking corrective measures
for breaching holding capacity limit or non compliance to other
instructions.
o Liasoning with NBP for issues relating NBP chest operations
like Linking/delinking, change in holding capacity, periodic examination
etc.
o Redressal of Problems/queries faced/raised by Field Offices
& Commercial Banks in respect of issuance of fresh currency
notes.
o Overseeing, Coordination, Reviewing, Suggesting remedial actions
regarding commercial banks Cash Monitoring/ Onsite Examination
and annual verification of different balances.
o Follow up/ review and implementation of recommendations made
through various reports like Internal Auditor, Verification Officer,
Cash Monitoring
3.
Currency Research & Systems Division
o
Collection/ analysis of international best practices on incorporation
of security features and combating counterfeiting and making recommendations
accordingly
o Maintain updated information regarding various modes of forgeries
detected in counterfeit notes/ coins in circulation & provision
thereof to law enforcement Agencies
o Capacity building trainings/ monitoring/ mentoring of officials
of SBP BSC (Bank) on counterfeit related matters
o Promoting mass awareness activities among general public about
forged notes and clean note policy by suggesting different cost
effective means and overseeing/coordinating field offices activities
in this regard
o To offer comments/ expert opinion on the Currency Notes/ Prize
Bonds received from our field offices about the forged/ tempered/
genuine etc.
o Preparing/updating/ modifying operational policies and procedures
o Coordinating with ISTD for various reports development of BSC
head office and circle/ field offices
o Overseeing, coordinating and consolidation of Business Plan
of all divisions/ units of CMD
o To supervise & Coordinate implementation of BCP strategies
for CMD
4. Government Savings Scheme & Administration Division
o c/encashment of Prize Bonds
o Preparation of statement regarding Sale/Encashment and profit/interest
payment on SSC/DSC
o Redressal of Problems/queries faced/raised by our Offices &
Commercial Banks in respect of NPB/NSS/NDRP & MREF
o Preparation of Statement showing Debt Servicing figures in respect
of National Prize Bonds & National Saving Certificates
o Issuing of Policy/Instructions to all the Offices of SBP BSC
regarding NPB/NSS/NDRP & MREF from time to time on receipt
from Government
o General administration of the department
o Maintenance of Leave record
o Improvement of the Physical Infrastructure of the Department
o Diary Dispatch and Letter Management System
o Stationary management and maintenance of imprest account
5. Internal Monitoring Unit
o Overseeing, Monitoring of CMD affairs
o Inspections/ Verification of HOK and other reports generated
at CMD
o Monitoring administrative compliance (Surprise checking of attendance/
leave record, proper maintenance at utilization of CMD Imprest
Account etc).
o Coordinating with Internal Audit Department
o Performing special assignments as per instructions of Director
CMD
