{"id":76934,"date":"2023-06-14T14:49:58","date_gmt":"2023-06-14T09:49:58","guid":{"rendered":"https:\/\/bankislami.com.pk\/?page_id=76934"},"modified":"2023-12-06T11:52:35","modified_gmt":"2023-12-06T06:52:35","slug":"foreign-remittance-services","status":"publish","type":"page","link":"https:\/\/bankislami.com.pk\/ur\/foreign-remittance-services\/","title":{"rendered":"Foreign Remittance Services"},"content":{"rendered":"

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Foreign Remittance Services<\/span><\/span><\/h4><\/header><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>
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BankIslami Pakistan Limited offers a wide range of solutions to facilitate its foreign remittance related customers. The Bank is rapidly growing its local network to manage correspondent relationships across the country. We are equipped with the foreign remittance specialists who are professional and can facilitate all your foreign remittance business requirements. Moreover, we have a wide and strong network of correspondent banking arrangements that can cater and offer Islamic financial solutions.<\/p>\n

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Below are the services delivered by Centralized Foreign Remittance Unit;<\/strong><\/p>\n

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  1. Foreign Inward Remittance\u00a0(FTT-Wire Transfer)<\/li>\n
  2. Foreign Outward Remittance (FTT-Wire Transfer)<\/li>\n
  3. RFT (Royalty, Franchise, Technical Fee) Services<\/li>\n
  4. FDI (Foreign Direct Investment) Services<\/li>\n
  5. Specialized \u201cRemittance Facilitation Desk\u201d in BankIslami for IT & ITeS Exporters, Freelancers and other Corporate Clients (Email ID:\u00a0rfd@bankislami.com.pk<\/strong><\/span>)<\/li>\n
  6. Automated e-PRCs Issuance (Same Bank Model)<\/li>\n
  7. SBP Approvals \u2013 online RAS Portal.<\/li>\n<\/ol>\n

    Details of these services are mentioned below:<\/strong><\/p>\n

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    1. Foreign Inward Remittance (FTT-Wire Transfer):<\/div>
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    Foreign Inward remittance (FTT-Wire Transfer) refers to the transfer of funds from a foreign country to a beneficiary account in Pakistan. It is a convenient and hassle-free way to receive payments from abroad. Our bank provides a reliable and secure inward remittance service that ensures your funds are transferred quickly and efficiently.<\/p>\n

    We offer a variety of Inward remittance options including FTT-wire transfers. As per local regulations, you can receive remittance in foreign currency (FCY) in your FCY accounts as well as in your PKR accounts after best possible conversion. Our bank works with a wide network of trusted partners around the world to ensure that your funds arrive here without any delays or complications.<\/p>\n

    To receive an Inward remittance, you need to provide following information to the sender:<\/strong><\/p>\n