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SBP issues customers’ facilitation guidelines for banks

Asad Iqbal by Asad Iqbal
April 2, 2021
2 min read
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SBP issues customers’ facilitation guidelines for banks

The State Bank on Thursday issued regulatory instructions to all banks for deploying toll-free numbers at their call centres. ─ Dharti News/Files

KARACHI: The State Count on Thursday released governing instructions to all financial institutions for releasing toll-free numbers at their phone call centres as well as guarantee that these are shown prominently at the banks’ facilities and internet sites.

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Lately, the SBP performed a thematic evaluation of call centre monitoring at banks. In the light of the searchings for, financial institutions have been told to bring convenience in lodging complaints.

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“Financial institutions are also required to take measures to reduce the call wait time (the moment before linking to a representative) as much as possible to avoid inconvenience to the consumers,” the SBP claimed.

Further, financial institutions will additionally make sure that phone call agents do not reject to lodge complaint and also an appropriate issue number is provided to all plaintiffs, it included.

“To make certain confidentiality of consumers’ data, financial institutions will established adequate controls at their phone call centres consisting of constant CCTV vigilance, physical access and leave checks, constraint on mobile devices like mobile phone, controlled access to printers and also emails,” instructions by the SBP read.

Banks will permit their phone call centre personnel access to customers’ information on a ‘Need-to-Know’ basis just i.e. limited just to the consumers getting in touch with the call centre. Proper logs of accessibility to customer’s information will certainly be maintained and kept an eye on to discover unsanctioned gain access to.

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“Financial institutions will guarantee masking of the Credit or Debit card numbers so that the call representatives might only see the last 4 numbers of the cards,” said the SBP.

The SBP has actually also advised banks to release enough telephone call centre sources to guarantee an acceptable client experience. For this, the financial institutions will have appropriate IT manages and contingency and catastrophe recovery sets up for their phone call centres.

Tags: SBPSBP issues customers
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Asad Iqbal

Asad Iqbal

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