Pakistan has discontinued prize bonds of high denominations to comply with FATF guidelines against money laundering and financing of terrorism. It started with Rs40,000 standard prize bonds in June 2019 and discontinued prize bonds of Rs25,000, Rs15000 and Rs7500. jwplayer("jwp-outstream-unit").setup({}); These bonds work like cash and are therefore used for tax evasion and other financial transactions that can’t be traced or documented. If you are one of those people who have won a prize on any of these bonds, you still have time to claim the prize money. You have until September 30 to encash higher denomination prize bonds and December 31 for Rs750
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