i) For establishing the said booths at Hajj Camps an
NOC will have to be obtained from Ministry of Religious
Affairs prior to approaching SBP for approval.
ii) The booths will be setup temporarily during Hajj
Season only. Fresh applications for the same will be submitted
for every Hajj Season and the Hajj Camp.
iii) The booths may consist of glass or wooden cabin
of an appropriate size (minimum 4*6 feet) displaying the
name of exchange company clearly/prominently.
iv) The booth will be authorized to deal in only sale
and purchase of foreign currency notes, coins and travellers
cheques to/from Hajjis only during Hajj Season for which
related details/documents and record of transactions will
be maintained by the exchange company which may be inspected
by SBP as and when required.
v) No business other than specified above will be undertaken
at the said booths.
vi) A notice declaring exchange rates applicable for
sale/purchase of currencies must be displayed at a prominent
place in the booth and the deals must be carried out at
the displayed rates.
vii) Transactions carried out through such booths will
become an integral part of the overall transactions of
the Exchange Company and would be reported to SBP in related