The Federal Reserve's open market desk – that is, the staff at the Federal Reserve Bank of New York who actually conduct open market operations on a daily basis – must take into  5  Depository institutions that are not eligible for primary credit may apply for secondary credit to meet short-term liquidity needs or to resolve severe financial difficulties.
As opening of physical branches, entails substantial costs and is time consuming, SBP has always been encouraging adoption of alternate delivery channels for providing financial services to clients by the banks. Access to Branch banking is limited by time.