Circulars

PRIME MINISTER’S RELIEF FUND FOR GHAZA AND LEBANON

October 18, 2024
10172

The Chief Executives / Presidents
All Commercial Banks and Microfinance Banks

Dear Sir / Madam,

PRIME MINISTER’S RELIEF FUND FOR GHAZA AND LEBANON

Further to State Bank of Pakistan (SBP) FD Circular No. 01 of 2024, dated October 14, 2024, on the subject captioned above, the procedure for receipts of donations from overseas Pakistanis is being specifically described to facilitate the overseas Pakistanis in remittance of their donations. An overseas Pakistani in any foreign jurisdiction may remit their donations by wire-transfer or by using the services of Money Service Bureaus (MSBs), Money Transfer Operators (MTOs) or Exchange Houses (EHs). The donors may provide the following beneficiary details to their respective banker, MSB, MTO or EH:

Description Details
Bank National Bank of Pakistan
Branch NBP Main Branch, NBP Head Office Building, Talpur Road, Karachi.
Title of Account PMRFGL
IBAN PK78NBPA0002004256629006
SWIFT CODE NBPAPKKAMBR
  1. The banks are also advised that they not only inform their MTOs/ tie-ups regarding the aforesaid details of Fund account and mechanism for remittance of donations, but also place the same on their website and social media platforms for information of donors.
  2. All concerned are accordingly advised that Pak Rupees equivalent (converted at prevailing exchange rate) of any donations received from overseas Pakistanis may be transmitted to the above-referred account of National Bank of Pakistan (NBP), through Pakistan Real-time Interbank Settlement Mechanism (PRISM). The donations so received by the NBP shall be likewise surrendered to Fund’s principal account maintained with State Bank of Pakistan (SBP), having IBAN and RAAST ID of PK11SBPD0000001111114292 and 01111114292, respectively.
  3. Moreover, as advised vide SBP EPD Circular Letter No. 14 of 2022, dated September 12, 2022, the transactions on account of the donations to the Fund shall not be claimed under ‘Reimbursement of TT Charges Scheme’; rather the same shall be on “Fee-Based Model”.
  4. All other instructions, including receipts and deposit of domestic donations, contained in the FD Circular No. 01 of 2024, dated October 14, 2024, shall remain applicable and effective.
  5. Please acknowledge the receipt.

Yours sincerely,

Qader Bakhsh
Director