Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 82
December 30, 1993 

All Authorised Dealers
in Foreign Exchange,

Dear Sirs,

Authorized Dealers are aware that dependents of Pakistan nationals resident in Pakistan, who proceed abroad for education can be released foreign exchange for their living expenses in accordance with the instructions laid down in paragraph 39, Chapter XVII of the Foreign Exchange Manual. Release of foreign exchange to Pakistan nationals temporarily taking residence abroad for medical treatment is approved by the State Bank as per procedure laid down in paragraph 24 ibid. In addition, foreign exchange can be remitted by residents to their families abroad against surrender of Foreign Exchange Bearer Certificates vide F.E. Circular No.55 of 1985.

2. Enquiries have been received whether remittance of foreign exchange for living expenses of families abroad not covered by paragraph 24 and 39 quoted above, can also be made without surrender of Foreign Exchange bearer Certificates, in case the family of a resident Pakistani is temporarily living abroad due to some genuine personal reasons. It is clarified that the State Bank would provide foreign exchange for any such bonafide request provided the following documents are submitted:-

  1. An application from Pakistan national resident in Pakistan indicating the purpose for which the family went abroad and the reason for its continued residence abroad and the probable period of stay abroad.

  2. A certificate from Pakistan Embassy in the concerned country confirming the reason of stay abroad of the family, the expected period of stay, the number of persons in the family and the amount required per month for their maintenance. The certificate should confirm that the concerned persons hold Pakistani passports.

       
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