Pakistan
Account channel
Service specification
| Type | Description |
| Cash-out Method | Direct 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 availability | Pakistan nationwide |
| Validation / Verification | Account validation with beneficiary name. |
| Amount received | Beneficiary to be received the payout in the nearest PKR1. |
| Transaction Limit | Maximum 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 per day per Beneficiary Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit. |
| Maximum Beneficiary | No restriction |
| Service Charge | Transaction 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 Process | Cancellation is on best effort basis. |
| Remarks | Beneficiary 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 Value | 1 |
Supported banks
| No | Name | Issuer Code |
| 1 | Deutsche Bank | 920037 |
| 2 | STANDARD CHARTERED BANK | 920031 |
| 3 | Al Baraka Bank Pakistan Limited | 920030 |
| 4 | ALLIED BANK LIMITED | 920004 |
| 5 | Apna Microfinance Bank | 920039 |
| 6 | Askari Bank Limited | 920007 |
| 7 | BANK ALFALAH LIMITED | 920009 |
| 8 | BANK ALHABIB | 920008 |
| 9 | BANK ISLAMI PAKISTAN LIMITED | 920027 |
| 10 | BANK OF AZAD JAMMU KASHMIR | 920033 |
| 11 | BANK OF KHYBER | 920032 |
| 12 | BANK OF PUNJAB | 920003 |
| 13 | BARCLAYS BANK LIMITED | 920024 |
| 14 | Burj Bank | 920010 |
| 15 | CITI BANK | 920020 |
| 16 | Dubai Islamic Bank Ltd | 920011 |
| 17 | FAYSAL BANK LIMITED | 920012 |
| 18 | FIRST MICRO FINANCE BANK LIMITED | 920034 |
| 19 | FIRST WOMEN BANK LIMITED | 920023 |
| 20 | Habib Bank Ltd | 920005 |
| 21 | HABIB METROPOLITAN BANK | 920013 |
| 22 | HSBC Bank Limited | 920028 |
| 23 | ICBC | 920041 |
| 24 | JAHANGIR SIDDIQUI BANK LTD | 920036 |
| 25 | KASB BANK LIMITED | 920022 |
| 26 | MCB Islamic Bank | 920043 |
| 27 | MEEZAN BANK LIMITED | 920014 |
| 28 | Model Bank | 920035 |
| 29 | MUSLIM COMERCIAL BANK | 920006 |
| 30 | NATIONAL BANK OF PAKISTAN | 920002 |
| 31 | NIB BANK | 920018 |
| 32 | NRSP | 920042 |
| 33 | Oman International Bank | 920025 |
| 34 | SAMBA BANK | 920015 |
| 35 | SILK BANK | 920016 |
| 36 | Sindh Bank | 920021 |
| 37 | SONERI BANK LIMITED | 920017 |
| 38 | SUMMIT BANK | 920026 |
| 39 | Tameer microfinance bank | 920038 |
| 40 | U Microfinance Bank | 920040 |
| 41 | UNITED BANK LIMITED | 920029 |
| 42 | Waseela | 920001 |
| 43 | THE PUNJAB PROVINCIAL COOPERATIVE BANK LTD | 920044 |
| 44 | Bank Of Tokyo Mitsubishi Ufj Ltd | 920045 |
| 45 | Emaan Islamic Banking Silkbank | 920046 |
| 46 | Faisal Islamic Bank Of Bahrain | 920047 |
| 47 | FINCA Micro Finance BankLimited | 920048 |
| 48 | SME Bank Ltd | 920049 |
| 49 | ZARAI TARAQIATI BANK LTD | 920050 |