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Monday July 22, 2024

SBP aims prompt, fair complaint resolution via its 'Sunwai' portal

Portal enables customers to register complaints against any banking product or service, including RDAs

By Web Desk
December 29, 2023
State Bank of Pakistan (SBP) building. — AFP/File
State Bank of Pakistan (SBP) building. — AFP/File

In order to ensure prompt and fair redressal of complaints, the State Bank of Pakistan (SBP) Friday launched its "Sunwai" customer service portal and mobile application — a move aimed at ensuring expedited resolution of their grievances.

As per the SBP, the porta is to serve as a one-window operation for banking customers enabling them to register their complaints against Banks, Microfinance Banks (MFBs), and Development Financial Institutions (DFIs).

Moreover, the portal will allow customers to lodge their complaints related to any banking product or service, including Roshan Digital Accounts (RDA).

The move is aimed at strengthening the banking sector’s efficiency and fairness in complaints handling and to address the issues faced by banking customers in complaints lodgment, the SBP's press release said.

Registered users can lodge complaints at their convenience in either English or Urdu languages. Each complaint is assigned a unique tracking number which is communicated to users via SMS and email.

Also, banks have been advised to ensure prompt and fair resolution of complaints well within turnaround times (TATs) as prescribed by SBP, which expects the complaint service portal and app to contribute significantly towards strengthening consumer trust in the banking industry.