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Amonatbonk Extends Bank Card Re-registration Deadline to End of June
๐Ÿ‡น๐Ÿ‡ฏ Tajikistan /Economy & Trade

Amonatbonk Extends Bank Card Re-registration Deadline to End of June

From Asia-Plus · (2d ago) English

Translated from English, summarized and contextualized by DistantNews.

TLDR

  • Amonatbonk, Tajikistan's State Savings Bank, has extended the deadline for re-registering its bank cards until the end of June.
  • The re-registration process, initiated in January, aims to enhance financial security, transaction transparency, and reduce fraud risks.
  • Approximately 60% of cards have been re-registered, prompting the extension, with options available for in-person registration, proxy, and even home visits for individuals with disabilities.

Amonatbonk, the State Savings Bank of Tajikistan, has announced an extension of its bank card re-registration deadline to the end of June. This move comes as the bank strives to enhance the security and transparency of financial transactions for its clients, while simultaneously mitigating the risks associated with fraud. The initiative, which began in January, has seen about 60% of the bank's cards successfully re-registered, indicating a positive response from the customer base.

aiming to โ€œensure the financial security of its clients and transparency of transactions, as well as reduce the risk of fraud.โ€

โ€” AmonatbonkStating the objectives of the card re-registration initiative.

The bank has outlined a clear process for re-registration, which involves clients receiving an SMS notification and then visiting a branch within 30 days to avoid temporary card blocking. For those facing difficulties, Amonatbonk has made provisions, including the availability of a special mobile application and services across its extensive network of 75 branches and 547 service centers. Recognizing the diverse needs of its clientele, the bank has also stated that its staff will visit the residences of individuals with disabilities or those unable to visit a branch in person, ensuring that no client is left behind in this crucial security update.

about 60% of the bank cards have been re-registered, hence the registration period is extended until the end of the second quarter of the current year.

โ€” Official source within AmonatbonkExplaining the reason for the deadline extension.

Furthermore, Amonatbonk has confirmed that re-registration by proxy is permissible, a measure designed to accommodate clients who are abroad or otherwise unable to complete the process themselves. This flexibility extends to clients overseas, who can arrange for re-registration upon their return to the country. While the bank has not confirmed the possibility of online re-registration, checks indicate that this option is not currently available. The emphasis on personal presence during re-registration underscores Amonatbonk's commitment to ensuring that bank cards are used exclusively by their rightful owners, aligning with current legal requirements and reinforcing the security of the Tajik banking system. Given that Amonatbonk cards are widely used for salaries, pensions, and scholarships, this re-registration drive is a significant undertaking impacting over 2 million cardholders.

Regardless of which district they are in and in which branch they received the card, clients can visit any branch or banking service center and re-register it.

โ€” AmonatbonkInforming clients about the accessibility of the re-registration process.
DistantNews Editorial

Originally published by Asia-Plus in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.