About Us
In pursuance of the amendment made during 1987 in the Foreign Exchange Regulation Act, various Foreign Exchange Courts were established at SBP-BSC Head Office and its Field Offices. The courts aimed to formulate an adjudicating process for deciding cases of offences relating to non-repatriation of export proceeds within the stipulated period and misuse of foreign exchange.

Foreign Exchange Adjudication Department manages these Foreign Exchange Adjudication (FEA) Courts. There are 12 FEA Courts in total- 4 in Karachi, 3 in Lahore, 1 in Sialkot, 1 in Faisalabad, 1 in Rawalpindi, 1 in Multan and 1 in Quetta. These Courts adjudicate the complaints filed by the complainant i.e. Foreign Exchange Operations Department (FEOD) against the delinquent exporters. These Courts also adjudicate complaints against Authorized Dealers (Commercial Banks) for violation of instructions issued by SBP and SBP-BSC.

FEAD’s Circular 01 of 2024 - Implementation of Direct Credit of FEAD penalty into Federal Government Account through RTGS