The Presidents/Chief Executives of all
Authorized Dealers in Foreign Exchange
Dear Sirs/Madam,
Extension in Home Remittance Services
Attention of Authorized Dealers (ADs) is invited to F.E. Circular No. 11 dated October 22, 2018 in terms of which overseas Pakistanis have been allowed to remit Business to Customer (B2C) and Customer to Business (C2B) transactions through home remittance channel.
2. In order to further facilitate freelancers and pensioners, it has been decided that, henceforth, following transaction limits shall apply:
S.NO. |
Transaction Type |
Transaction Limit |
Business-to-Customer (B2C) |
1. |
Freelance of Computer and Information Systems Services |
Equivalent to upto USD 5,000/individual/month |
2. |
Other Freelance Services |
Equivalent to upto USD 5,000/individual/month |
3. |
Pension Transactions |
Equivalent to upto USD 2,500/individual/month |
3. All other instructions on the subject shall remain unchanged.
4. Authorized Dealers are advised to bring the same to the notice of all their constituents.