Circulars/Notifications - Exchange Policy Department  
 EPD Circular Letter No. 10 of 2022

June 03, 2022

The Presidents/Chief Executives of all
Authorized Dealers in Foreign Exchange

Dear Sir/ Madam,

Remittances by Authorized Dealers on behalf of Hajj Group Organizers for Hajj

          Attention of Authorized Dealers is invited to Para 45A, Chapter 17 of Foreign Exchange Manual in terms of which Authorized Dealers are allowed to make remittances in foreign exchange to Kingdom of Saudi Arabia on behalf of Hajj Group Organizers (HGOs) subject to compliance of applicable terms and conditions.

2.      In order to facilitate the HGOs to effect Hajj related remittances, Para 45(A) (v), Chapter 17 of Foreign Exchange Manual stands amended as per following:

“45A. Remittances by Authorized Dealers on behalf of Hajj Group Organizers for Hajj.

(v)(a) Authorized Dealers may also effect Hajj related remittances, on behalf of HGOs, to Tawafa/Hajj service providers duly designated by the Saudi Arabian Hajj Authorities. The remittances will be made on receipt of following information/ documents by Authorized Dealers:

    1. Details of Hajj Package bifurcating local and foreign expenses per pilgrim in terms of related Hajj Package(s).

    2. Undertaking from concerned HGO for repatriation of funds in case of non-utilization.

(b). It will be the responsibility of the Authorised Dealer to satisfy themselves about the bona fides of the transaction.”

3.    All other instructions on the subject matter shall remain unchanged.

Yours truly,


(Athar Ghafoor)
Additional Director

Back to Circular Page / Home Page
About SBP
Economic Data
Press Releases
Laws & Regulations
Monetary Policy
Help Desk
SBP Videos
Contact us
What's New?
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Rupey ko Pehchano
Zahid Husain Memorial Lecture
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.