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UBL inaugurates Pakistan’s first digital branch

KARACHI: United Bank Limited (UBL) has launched Pakistan’s first digital branch. This pilot branch is located at the Institute of Business Administration (IBA-City Campus), Karachi. According to a statement, “the Digital Branch runs without the physical presence of any bank staff. Although a pilot branch in its current form, the Digital Branch is able to provide a host of services that include account opening, as well as service elements such as cash deposits and withdrawals, Inter Bank Fund Transfers, instant debit card…