State Bank of Pakistan

About Us
Foreign Exchange Operations Department (FEOD) is responsible for facilitating the foreign exchange activities in the country. FEOD operates under the ambit of Foreign Exchange Regulations Act 1947, Foreign Exchange Manual 2002 and various instructions/circulars issued by the Exchange Policy Department (EPD) of SBP. The organizational setup comprises of Foreign Exchange Operations Department (FEOD) located at SBP BSC Head Office, Karachi and Foreign Exchange Operations Units (FEOUs) at different Field Offices of the Corporation.

Being an operational arm of Exchange Policy Department (EPD), FEOD is mainly responsible for monitoring the repatriation of export proceeds, granting approvals for commercial, private and Government foreign exchange remittances, processing of applications under various Subsidy Schemes introduced by the Government for exporters, etc. and collection & analysis of various returns / data on foreign exchange-related transactions in the country.

Circulars

Circular Letter No. FEOD/M&VD/44752/2022 - Verification of EE-I/EF-I Statements under Export Finance Scheme (EFS) For Monitoring Period 2021-22- Annexure- I - Annexure-II- Annexure-III

FEOD Circular Letter No. 1 of 2021 - Office Timings of SBP-Customs Joint Booths

FEOD Circular letter No. 5 of 2020 - Submission of Statements of Penalties and Exchange gains through SBP Regulatory Approval System (RAS)

FEOD Circular letter No. 4 of 2020 - Reporting of Export Overdue and Realized Cases in V-20 and V-21 Statements

FEOD Circular Letter No. 3 of 2019 - Accuracy in Reporting of V-20 and V-21 Data Files Through Data Acquisition Portal 4 (DAP4)

FEOD Circular Letter No. 01 of 2019 - Establishment of Facilitation Desk for Foreign Exchange Matters

FEOD Circular Letter No. 3 of 2018 - Reporting of Export Overdue Cases

EPD Circular Letter No. 19 & 21 of 2018/ Local Taxes and Levies Drawback (Non Textile)Order, 2018 & Duty Drawback of Taxes Order, 2018-21 (Textile) Annexure III

EPD Circular Letter No. 18 of 2018, Local Taxes and Levies Drawback (Non Textile)Order 2017 - Annexure XII

FEOD Circular Letter No. 1 of 2018 - Reporting of Export Overdue Cases and Submission of
Pre-Adjudication Information/Documents

FEOD (FEOM & Enf.)/5006/Circular/Export/01/2018 - Check List for Submission of Pre-Adjudication Information/Documents in Respect of Export Overdue Cases. - Annexure- A - Annexure-B