Welcome to the “Remittance” corner at BankingPK.com, your one-stop destination for all things remittance in Pakistan. In our globally connected world, remittances – money sent back home by overseas workers – play a key role. We help you understand and manage these remittances better.
With substantial remittance inflows from countries like Saudi Arabia significantly influencing our economy, it’s crucial to grasp how these work. Whether you’re an overseas Pakistani sending money home or a recipient here, our goal is to simplify the process for you.
Our coverage spans various topics, from the advantages of the Overseas Remittance Card to the State Bank of Pakistan’s rules on outward remittances. We offer detailed insights into various banks’ remittance services, including associated fees, transaction limits, and processing times.
Furthermore, we explore how to receive foreign remittances, the impact of remittances on Pakistan’s economy, and government measures to promote these funds’ flow.
We also examine trends in remittance flows from different countries and the State Bank of Pakistan’s steps to enhance remittance services.
In the “Remittance” section, our mission is to provide accurate information aiding your decision-making process. Whether you’re remitting money, receiving funds from overseas, or simply keen on understanding Pakistan’s remittance landscape, we’re here to help.
Dive into our “Remittance” section, and let us guide you through the world of remittances. Your journey to better remittance management begins here!
MCB Home Remittance Send FREE, Receive FREE Payments MCB (Muslim Commercial Bank) Home Remittances offers a one and only service for abroad Pakistanis to send huge and necessary money home Very FAST Quick and FREE across all over Pakistan within our large network of over 1200 branches in Pk. The most founded MCB Home Remittance … Read more
Tax On Remittance In Pakistan 2024 In the vibrant economic landscape of Pakistan, remittances play a pivotal role, bolstering the national economy by billions of dollars annually. As expatriates send money home, understanding the tax implications becomes crucial for both senders and recipients. This comprehensive guide dives deep into the nuances of Tax on Remittance … Read more
In the ever-evolving landscape of global finance, the ability to track and manage international money transfers efficiently has become indispensable for individuals and businesses alike. Meezan Bank, a frontrunner in Islamic banking in Pakistan, has recognized this need and introduced a robust solution: the Meezan Bank Remittance Tracker. This comprehensive tool is designed to simplify … Read more