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How To Send Money To Pakistan?

There are several ways to send money to Pakistan – but deciding which method gets you the best rates, fees and customer service, will make the process much simpler. This article is all about how to send money – from abroad – to Pakistan. Typically, the following image is what you could expect to see among the most popular choices:

Given the current times of uncertainty, this article might not be for everyone. But, we’ve compiled the best possible options for generally anyone to consider.

Also Read: Health Insurance In Pakistan

Wishful Thinking | Send Money To Pakistan

Many people send money to Pakistan, often involving family members in the country, making up nearly 8% of our national GDP.

With steady inflows from remittances, Pakistanis living abroad have found pretty neat services that offer them good exchange rates.

Each way of transferring money has advantages and disadvantages. Bank transfers can be slow and expensive, while cash transfers may not get you the best rate and are not always secure. Money transfer services can combine the best of both worlds – as long as you pick the right option for yourself.

Here’s a little hint:

These services are faster than sending cheques or cash, and can be faster than bank services. Some even offer you the option of choosing the speed of your transfer, so you can get even better value for money if you are not in a hurry.

Picking the right option for money-transfer can be tricky. Let’s see if we can find ourselves the right choice.

GBP to PKR | Send Money To Pakistan

While many people worry about the fees they will pay when transferring money abroad, the most important thing is how much money in Pakistani rupees the recipient will receive when you transfer your pounds sterling to Pakistan. This will depend on two factors: the charges for transferring the money and the exchange rate.

The exchange rate is the number of rupees that you will receive per pound sterling, and vice versa, and this rate moves up and down over time. It is important to pay attention to this rate when making an international transfer, because it can affect the final amount of money you transfer.

For example, if you send £1,000 pounds at an exchange rate of 196.19 rupees to the pound with no fee, your recipient will receive 196,190 rupees.

If you send the same amount of cash at a better exchange rate, such as 201.69 rupees to the pound, your recipient will receive more money. Even with a £9 transfer fee, your recipient will receive 199,875 – a difference of 3,685 – as shown in the table below:

For A Company That offers Mid-market Exchange Rate | TransferWise

TransferWise, a money transfer service, uses the mid-market exchange rate.

It appears in the top search results on Google, when you decide to send your money. One of the desirable attributes of this service is that, instead of making money off of you by offering an exchange rate that isn’t as good as it could be, it charges a small upfront fee for sending your money, rather than making its money by offering you an exchange rate that isn’t as good as it could be.

This is a more transparent way of ensuring that you get a good deal when you send money to Pakistan.

Step By Step | Send Money To Pakistan

Modern times have allowed banking sectors to send money from one international bank to another. Some of the Banks that offer international money transfer are:

Their innovative Motherland Account allows an overseas Pakistani to open and operate a bank account in their home country while residing abroad. The account has been designed to allow the transfer of funds from one bank account to another using an online money transfer platform.

Standard Chartered Bank allows the remote opening of a bank account by an overseas Pakistani through their website. It also offers Non-resident Pakistani (NRP) service desks to help manage all banking queries quickly and efficiently.

United Bank Limited’s Tezraftaar account allows a Non-resident Pakistani to open an account in any of its branches within Pakistan. They also offer specialized NRP banking to cater to online money transfer by their customers situated overseas.

  • HBL (Konnect) Pakistan:

HBL Pakistan is the largest Pakistani bank by assets and offers a bank account service named Humwatan.

Under the service, a Non-resident Pakistani can open a current or savings bank account to utilize its banking services and send money online.

Allied Bank allows an overseas Pakistani to open a bank account and send foreign remittances with ease. With a free ATM/debit card, the account allows direct credit of Foreign Inbound Remittances.

A Branchless Option

This is just a suggestion. You’d prefer it over anything, if not for PayPal!

Documents required

The documents required in the process of opening a non-resident account varies from bank to bank. It is advisable to reach out to the bank for a checklist of required documents. Some documents which are universally required by every bank include:

  • Valid and non-expired passport
  • Proof of address
  • Statement or proof of income
  • Proof of employment
  • Documents defining the origin of the initial bank deposit
  • Proof of nationality

In the year 2017, Pakistan received a total of $6.5 billion in personal remittances through digital money transfer platforms using a bank account. Once you have chosen a bank and opened an account, the next step would be to choose an online money transfer platform. CompareRemit is a great tool to compare digital money transfer platforms based on various criteria such as the fees or the time taken. Make the right choice, and start sending money online to Pakistan.

The General Procedure For All Banks | Send Money To Pakistan

If you transfer money to Pakistan with your bank, using its online service, the steps will be as follows:

  1. Login to your internet banking
  2. Go to your account and the transfers option
  3. Enter your recipient’s name
  4. Add the sum you want to send them
  5. Confirm
  6. Wait

If you transfer money to Pakistan with TransferWise, the steps will be as follows:

  1. Create a free account
  2. Create your transfer
  3. Enter your recipient’s details
  4. Confirm transfer
  5. Send the money to TransferWise via your online banking
  6. Once TransferWise gets your payment, it will send the money to your recipient


Timeframe | How Long Does It Take For The Money To Land In Pakistan?

Your choice of which method to use when sending money to Pakistan may depend on how quickly you need it to arrive. The speed can vary based on the option that you decide to take.

Banks often need to use several partner banks to make the transfer, meaning it can take longer. Cash transfer companies offer very quick times, but charge high fees and sometimes offer poor rates. You should shop around to find an option that meets your needs.


Well guys, there you have it! This was all about How To Send Money To Pakistan, from any overseas option. Multiple sources have been researched to put this piece together.

If you have any questions, please leave a comment in the comment section provided below. Looking forward to our discussion.


Written by Ahsan Gardezi

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how to send money to foreign countries from Pakistan

How to Send Money to Foreign Countries from Pakistan