Banking Operations Directorate General

The Banking Operations Directorate General operates within the framework of Da Afghanistan Bank (DAB) to provide banking services to the state, governmental, and semi-governmental institutions, as well as commercial banks. It has four deputy directorates carrying out the following main duties.

Main Duties:

The Banking Operation Directorate General is responsible for ensuring liquidity and maintaining effective communication between the central office and the provincial branches of DAB, as well as with government institutions and commercial banks. Its functions include opening current accounts, issuing checkbooks to account holders, processing domestic and international transfers in Afghani and foreign currencies, exchanging Afghani remittances into foreign currencies and vice versa, as well as collecting and incinerating unfit banknotes.

Structure:

The Banking Operations Directorate General consists of four deputy directorates: Treasury, Operations, Banknote Issuance and Management, and Administrative and Coordination. Each of these deputy directorates carries out distinct functions.

Treasury General Deputy Directorate:

The responsibilities of this department include the appointment and assignment of cashiers for handling incoming and outgoing transactions in Afghani and foreign currencies; the distribution of Afghani banknotes and foreign currencies to government institutions, the Citizens’ Charter National Program, commercial banks, city branches, and provincial branches of DAB; the collection of Afghani banknotes and foreign currencies from commercial banks, city branches, and surplus funds from provincial branches of DAB; as well as the collection of unfit banknotes.

Operations Deputy Directorate:

The Operations Deputy Directorate is responsible for opening current accounts and issuing checkbooks for DAB staff, commercial banks, government institutions, and the Citizens’ Charter National Program; processing Afghani and foreign currency transfers within and outside the country; as well as exchanging Afghani payment requests into foreign currencies and vice versa, upon the request of the Ministry of Finance, commercial banks, other government institutions, and the Citizens’ Charter National Program, in accordance with the banking operations procedure.

In addition, it is responsible for transferring collected government revenues to the respective accounts and issuing account statements to account holders.

Banknote Issuance and Management Deputy Directorate:

The Banknote Issuance and Management Deputy Directorate is responsible for ensuring liquidity for the central office and provincial branches of DAB, issuing new Afghani banknotes, organizing programs for the incineration of unfit Afghani banknotes, and identifying suspicious banknotes submitted by the relevant authorities.

It is also responsible for transferring cash from the central office to the provinces and vice versa.

Administrative and Coordination Deputy Directorate:

The Administrative and Coordination Deputy Directorate is responsible for managing the administrative and executive functions of the Banking Operations Directorate General, handling daily administrative tasks that support and facilitate other activities.

Moreover, it addresses issues that arise between the Ministry of Finance, other government institutions, commercial banks, and the central office and provincial branches of DAB.