Pakistan

Account Channel

Service Specification

TypeDescription
Cash-out MethodDirect credit to bank account or finance companies in Pakistan Rupee (PKR).
Supported Beneficiary account type – Individual account only Supported Sender type - Individual and Approved business payment only (IT Services).
Transaction Turnaround Time· Real Time for the beneficiary account that is registered in IBFT Network. Can be verify via Account validation.
· T+0 Pakistan Banking days for transaction received before 3.00PM (Pakistan timezone, GMT +5)
· T+1 Pakistan Banking days for transaction processed and credited after Mon- Fri 3.00pm (Pakistan timezone, GMT +5)
Area availabilityPakistan nationwide
Validation / VerificationAccount validation with beneficiary name
Amount receivedBeneficiary to be received the payout in the nearest PKR1
Transaction LimitMaximum PKR 1,000,000 per transaction
Maximum PKR5,000,000 per day
Minimum PKR 10 per transaction
Compliance accumulated limit PKR 2,000,000.00

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
RemarksBeneficiary name shall be matched with the bank records, transaction will be delayed in processing if the name mismatched. Only support IBAN Account number
Do_Transfer bAccType Value1

Supported Bank

NoNameIssuer Code
1Deutsche Bank920037
2STANDARD CHARTERED BANK920031
3Al Baraka Bank Pakistan Limited920030
4ALLIED BANK LIMITED920004
5Apna Microfinance Bank920039
6Askari Bank Limited920007
7BANK ALFALAH LIMITED920009
8BANK ALHABIB920008
9BANK ISLAMI PAKISTAN LIMITED920027
10BANK OF AZAD JAMMU KASHMIR920033
11BANK OF KHYBER920032
12BANK OF PUNJAB920003
13BARCLAYS BANK LIMITED920024
14Burj Bank920010
15CITI BANK920020
16Dubai Islamic Bank Ltd920011
17FAYSAL BANK LIMITED920012
18FIRST MICRO FINANCE BANK LIMITED920034
19FIRST WOMEN BANK LIMITED920023
20Habib Bank Ltd920005
21HABIB METROPOLITAN BANK920013
22HSBC Bank Limited920028
23ICBC920041
24JAHANGIR SIDDIQUI BANK LTD920036
25KASB BANK LIMITED920022
26MCB Islamic Bank920043
27MEEZAN BANK LIMITED920014
28Model Bank920035
29MUSLIM COMERCIAL BANK920006
30NATIONAL BANK OF PAKISTAN920002
31NIB BANK920018
32NRSP920042
33Oman International Bank920025
34SAMBA BANK920015
35SILK BANK920016
36Sindh Bank920021
37SONERI BANK LIMITED920017
38SUMMIT BANK920026
39Tameer microfinance bank920038
40U Microfinance Bank920040
41UNITED BANK LIMITED920029
42Waseela920001

Cash Pick-up Channel

Service Specification

TypeDescription
Cash-out MethodCash pickup Pakistan Rupee (PKR) at any supported outlets.
Transaction Turnaround Time· Within 15 minutes
Transaction Working HoursBusiness hours: Operating hours for all available cash-pickup locations differ, however normal business hours 9am – 5pm Monday – Friday (Pakistan timezone, GMT+5) is generally available. Selected bank branches and JazzCash agents is also available on Saturday (9am – 1.30pm)
Area availabilityPakistan nationwide
Validation / VerificationBeneficiary to provide valid Computerized National Identity Card (CNIC) and Transaction Number and / or Passcode.

JazzCash (previously known as Mobicash) m-wallet user can choose to ‘cash-out’ their fund in the wallet with JazzCash agents.
Amount receivedBeneficiary to be received the payout in the nearest PKR 1
Transaction LimitMaximum per Transaction PKR 300,000.00
Minimum per Transaction PKR 10.00
Compliance accumulated limit PKR 2,000,000.00

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is allowed if the payout in not claim.
Remarks
Do_Transfer bAccType Value5

List of Cash Pickup Outlet

NoNameWebsitePayout Code SampleIssuer Code
1Cash Pickup @ Bank Of Punjabhttps://www.bop.com.pk/SubBranchNetwork.aspxG4016144940335CPBOP
2Cash Pickup @ Bank Alfalahhttps://www.bankalfalah.com/branch-atm-locator/G9316144940335CPBAFL
3MCB Bank Limitedhttps://www.mcb.com.pk/assets/documents/Branch-Network-September-2019.pdfGA261933384230CPMCB

Electronic Wallet

Service Specification

TypeDescription
Cash-out MethodDirect credit to Electronic Wallet in Pakistan Rupee (PKR).
Supported Beneficiary account type – individual only
Transaction Turnaround Time· Transaction received before 6.00PM (Pakistan timezone, GMT +5) Monday - Friday : within 4 Hours
· Transaction received After 6.00PM (Pakistan timezone, GMT +5) Monday - Friday : Next Working Day
· Transaction received before 2.00PM (Pakistan timezone, GMT +5) Saturday : within 4 Hours
· Transaction received After 2.00PM (Pakistan timezone, GMT +5) Saturday : Next Working Day
· Transaction received Sunday/Public Holiday : Next Working Day
Area availabilityPakistan nationwide
Validation / VerificationAccount validation based on account or phone number
Amount receivedBeneficiary received net amount as specified by Sender
Transaction LimitLevel 0 KYC customer maximum PKR 25,000 per transaction per day. Maximum balance limits PKR 200,000 per year.
Level 1 KYC customer maximum PKR50,000 per transaction per day. Maximum balance limits PKR 400,000 per year.

Minimum per transaction PKR 10
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
RemarksAn electronic wallet customer can keep a maximum balance amount according to their KYC Level, defined by State Bank of Pakistan. Therefore, maximum per transaction may subject to max balance amount of beneficiary
Do_Transfer bAccType Value2

List of E-Wallet Service

NoNameWebsiteIssuer Code
1Jazzcashhttp://www.jazzcash.com.pk/EWMBC

Bill Payment

Service Specification

TypeDescription
Cash-out MethodDirect credit to biller in Pakistan Rupee (PKR).
Transaction Turnaround Time· Instant real-time * (Within 10 minutes).
Area availabilityPakistan nationwide
Validation / VerificationBill Inquiry only applicable if the Biller Account is unpaid.
Amount receivedBiller received net amount as specified by Sender
Transaction LimitMinimum per transaction PKR 10.00
Maximum per transaction PKR 300,000.00
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is not possible once Bill is Paid.
RemarksAmount to pay should be exact amount as per the bill.
Do_BillPayment Value6

List of Biller

NoBiller NameCompany TypeIssuer Code
1Karachi Electric Supply CompanyElectricityKESC
2Karachi ElectricElectricityKE
3Gujranwala Electric Supply Company LimitedElectricityGEPCO
4Hyderabad Electric Supply CompanyElectricityHESCO
5Lahore Electric Supply CompanyElectricityLESCO
6Multan Electric Power CompanyElectricityMEPCO
7Peshawar Electric Power Supply CompanyElectricityPESCO
8Sialkot Electric Power Supply CompanyElectricitySPECO
9Sui Sothern Gas CompanyOil & GasSSGC
10Sui Northern Gas Pipelines LimitedOil & GasSNGPL
11SAFOil & GasSAF
12Karachi Water And Sewerage BoardWaterKWSB
13Water and Sanitation AgencyWaterFWASA
14Pakistan Tele Communication LimitedTelecommunicationPTCL