The affected customers had asked the bank to refund the charges to them, which the lender obliged.
In a statement, the bank said it decided to remit these funds via the
The bank said: 'We are required by law to apply this charge as applicable and remit all funds collected to the Federal Government.'
The bank disclosed that it had inadvertently not charged stamp duty on some accounts from February to
It said: 'However, we have heard our customers' feedback that this charge is unwelcome, especially at this time against a challenging economic backdrop.
'We have considered your feedback and have decided to pay the Stamp Duty on our customers' behalf for the affected period only.'
The bank further explained that all individual and
Continuing, it said: 'While we still have to remit these funds via the CBN to the Federal Government, we realise that we got it wrong by debiting our customers late, and we are refunding the affected Stamp Duty Charge today to all affected customers.'
The bank advised customers with further enquiries on the issue to send email to it, thanking them for sharing their views on the matter.
© Pakistan Press International, source