Pakistan

Bank account

TYPE	DESCRIPTION
Area availability	Available across Pakistan
Service type	B2C
Currency	PKR
Payout channel	Bank transfer
Transaction turnaround time	T+0 Pakistan business day for transaction received before 3pm (GMT+5)* T+1 to T+2 Pakistan business days for transaction received after 3pm (GMT+5)* *Transaction status will be updated within T+0 to T+2 subject to bank processing time.
Transaction limit	Minimum limit per transaction: PKR 10.00 Maximum limit per transaction: PKR 1,000,000.00 Compliance daily limit per beneficiary: PKR 5,000,000.00* *The transaction will be held for review if the sender or receiver exceeds the compliance limit.
Amount received	Beneficiary received net amount as specified by sender.
Maximum number of beneficiaries	No limit
Validation	Account validation for beneficiary name applicable to selected banks.
Service charge	The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® Service System and forwarded to the payout channel.
Cancellation process	Cancellation is on best effort basis.
Remarks	Business days in Pakistan are from Monday to Friday. Important notes a) Valid sender ID number is required. b) Both IBAN and non-IBAN accounts are supported. c) Beneficiary’s name must match the name registered with their bank. Name mismatch will result in delayed transaction processing. d) The sender's full name must be provided to ensure a smooth compliance screening process and avoid potential delays. e) Refer to table below for new business related transactions purpose codes.
Do_Transfer bAccType Value	1

Business Transactions Purpose Codes

NO	PURPOSE CODE	TRANGLO DESCRIPTION	BANK DESCRIPTION
1	09000	Miscellaneous Transactions and Commodities n.c.e.	Utility Bills, Education, Hospitals, Superstores, Insurance Companies, Credit Card Payments etc.
2	16312	Premium Paid / Received on Other General Insurance	Utility Bills, Education, Hospitals, Superstores, Insurance Companies, Credit Card Payments etc.
3	14320	Wages and Salaries in Kind/Benefits Attributable to Employees	Pension Transactions
4	16820	Health Services	Utility Bills, Education, Hospitals, Superstores, Insurance Companies, Credit Card Payments etc.
5	16830	Education Services	Utility Bills, Education, Hospitals, Superstores, Insurance Companies, Credit Card Payments etc.
6	16850	Other Personal Services	Other Freelance Services
7	21210	Grants and Gifts	Donation/Charity
8	39120	Deposits with/from Financial Institutions Abroad	Housing Scheme

Supported Banks

NO	NAME	ISSUER CODE
1	STANDARD CHARTERED BANK	920031
2	Al Baraka Bank Pakistan Limited	920030
3	ALLIED BANK LIMITED	920004
4	Apna Microfinance Bank	920039
5	Askari Bank Limited	920007
6	BANK ALFALAH LIMITED	920009
7	BANK ALHABIB	920008
8	BANK ISLAMI PAKISTAN LIMITED	920027
9	BANK OF AZAD JAMMU KASHMIR	920033
10	BANK OF KHYBER	920032
11	BANK OF PUNJAB	920003
12	BARCLAYS BANK LIMITED	920024
13	CITI BANK	920020
14	Dubai Islamic Bank Ltd	920011
15	FAYSAL BANK LIMITED	920012
16	HBL MICROFINANCE BANK	920034
17	FIRST WOMEN BANK LIMITED	920023
18	Habib Bank Ltd	920005
19	HABIB METROPOLITAN BANK	920013
20	HSBC Bank Limited	920028
21	ICBC	920041
22	JAHANGIR SIDDIQUI BANK LTD	920036
23	MCB Islamic Bank	920043
24	MEEZAN BANK LIMITED	920014
25	Model Bank	920035
26	MUSLIM COMERCIAL BANK	920006
27	NATIONAL BANK OF PAKISTAN	920002
28	NRSP	920042
29	Oman International Bank	920025
30	SAMBA BANK	920015
31	SILK BANK	920016
32	Sindh Bank	920021
33	SONERI BANK LIMITED	920017
34	SUMMIT BANK	920026
35	Telenor Microfinance Bank	920038
36	U Microfinance Bank	920040
37	UNITED BANK LIMITED	920029
38	Mobilink Micro Finance Bank	920001
39	THE PUNJAB PROVINCIAL COOPERATIVE BANK LTD	920044
40	Bank Of Tokyo Mitsubishi Ufj Ltd	920045
41	Faisal Islamic Bank Of Bahrain	920047
42	FINCA Micro Finance BankLimited	920048
43	SME Bank Ltd	920049
44	ZARAI TARAQIATI BANK LTD	920050
45	Advans Pakistan Microfinance Bank Limited	920051
46	NATIONAL SAVING BANK	920052
47	Mashreq Bank Pakistan Limited	920053
48	Raqami Islamic Digital Bank Limited	920054
49	Khushhali Bank Limited	920055
50	SadaPay	920056
51	NayaPay	920057
52	Finja	920058
53	PayMax	920059
54	Keenu	920060