Karachi, June 23, 2020: Transfast, a leading cross-border payments service provider with presence in over 140 countries, has partnered with Habib Bank Limited (HBL), the largest commercial bank with over 1700 branches in Pakistan, to facilitate expatriates around the globe to send money to Pakistan. The remittance facility between Transfast and HBL is now available…
Karachi, May 15, 2020: Easypaisa, Pakistan’s leading mobile platform, is offering easy and convenient international remittance services to provide much needed relief to consumers amid the difficulties caused due to the Covid-19 outbreak. Through digital partners including Xpress Money (Worldwide), Valyou (Malaysia), Small World (Europe), Hello Paisa (Africa) and Rocket Remit (Australia), Easypaisa users can…
Karachi, December 11, 2019: Overseas Pakistani workers remitted $9.298.57 billion in the first five months (July to November) of FY20 compared with $9.281.94 billion received during the same period in the preceding year. During November 2019, the inflow of workers’ remittances amounted to $1.819.66 billion, which is 9.05 percent lower than October 2019 and 9.35…
Karachi, November 26, 2019: In order to enhance the dwindle inflows of remittances inflows, the State Bank of Pakistan (SBP) has extended the limit of freelancers on the account of remittances by over three times from $1,500 per month to $5,000 per month. Freelancers providing computer services and different services can now attract handsome remittances…
Karachi, September 13, 2019: Overseas Pakistani workers remitted US$ 1,690.9 million in August 2019 as compared with US$ 2039.3 million received during July 2019. This showed a decline of US$ of 348.4 million on a month-on-month basis, reflecting the usual one-off post Eid-ul-Azha effect. On workers’ remittances stood at US$ 3,730.2 million during Jul-Aug FY20…