Pakistan Post Remittance Scheme
Pakistan Post Remittance Scheme
Pakistan Post Office Department (PPOD) has entered in an arrangement with National Bank of Pakistan under the umbrella of Pakistan Remittance Initiative (PRI). Now Remittance Beneficiaries’ can collect their remittance payments sent from abroad using NBP Remittance Services from the Pakistan Post Office locations free of charge (for the list please click here).
No service fee charged for remittances above $200
How to send:
Customers wishing to send their remittances through Pakistan Post’s selected branches can:
- Visit any of National Bank’s correspondents
- Request a cash transaction for National Bank of Pakistan
- The booking agent will provide a secret code/PIN number to the remitter
- The remitter has to share the PIN number with the customer and inform them about the exact amount send in Pakistani Rupees
How to collect:
Customers/Beneficiaries can collect their foreign remittances without paying any charges from the PPOD locations by providing the following:
- Original CNIC of the Beneficiary
- PIN Code/Secret PIN Number
- Expected amount of remittance payment
- Remitter’s Name and details
- The transactions can be sent free of charge (above US$200) and can be collected for Free from either National Bank of Pakistan or any participating Pakistan Post Office location.
Bank Transfer:
It is simple to remit money to your beneficiary’s account at National Bank of Pakistan or any other bank account in Pakistan through our correspondents in minutes and that too free of charge*. Please visit your nearest correspondent (bank or exchange company) and provide the following:
- Valid photo ID (ID/Passport/Driving License)
- NBP branch name/code OR Beneficiary Bank Name and its branch name/code
- IBAN/Account Number of your Beneficiary
For complete information please visit:
http://www.pakpost.gov.pk/fri.php
https://www.brecorder.com/2019/12/24/556075/pm-inaugurates-pakistan-posts-remittance-scheme/
Babar Saeed
December 27, 2019
The writer is a professional marketer and engineer with good work exposure to governments, and businesses and industries in the private sector in several countries. Idea is to take the first step in adding value to anything that one gets exposed to instead of just complaining about the same.