Circulars/Notifications - Exchange Policy Department  
 EPD Circular Letter No. 09 of 2025

September 11, 2025


The Presidents / Chief Executives
Authorized Dealers in Foreign Exchange


Dear Sir / Madam,

Updated Chapters of Foreign Exchange Manual

          Authorized Dealers are aware that, in recent years, the State Bank of Pakistan has made amendments to the Foreign Exchange (FE) Manual through various FE Circulars/ Circular Letters, which are already available on SBP’s website. The amendments made through these Circulars/ Circular Letters have now been incorporated/updated into the following chapters of the FE Manual:

Sr. No.

Chapter No.

Title of the Chapter

1

10

Inward and Outward Remittances

2

12

Exports

3

13

Imports

4

14

Commercial Remittances

5

19

Loans, Overdrafts and Guarantees

6

20

Securities


2.         Accordingly, the up-to-date version of the aforementioned chapters has been placed at SBP’s official website (https://www.sbp.org.pk/fe_manual/index.htm).

3.         Authorized Dealers are advised to bring the above to the knowledge of all their constituents for meticulous compliance.



Yours truly,


(Dr. Asif Ali)
Director




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