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Topic The FAP Turbo Benefit - How the FAP Turbo Will Change the Way You Trade

  • Wed 2nd May 2018 - 11:45am

    If you plan to transfer money to Pakistan prior to a move, you are probably Infinity Scalper  interested in the financial system. In fact, anytime you send money to another country, you should know a little about its currency, exchange rate, and banking options. After you do some research, you will likely find that you will be a little more comfortable before you transfer money to Pakistan.

    First, you should be aware that the currency is the Pakistani rupee. One U.S. dollar equals about 83.34261 rupees. Knowing the most recent exchange rate is helpful before you transfer money to Pakistan. Also, getting to know banks in the area before you move is good, as you will likely use one of these to receive money once you transfer it from your current bank.

    Before you sign up for a bank in Pakistan, decide whether you want a bank that exists both in the U.S and Pakistan, or one that is local to your new home area only. There are plenty of both, and many United States banks offer remittances to banks in Pakistan. Some even have their own program specialized for the ability to transfer money to Pakistan easily and cheaply.

    The National Bank of Pakistan has a program called PakRemit. Going this route to send money to your new bank should be quite easy. If you need to send $200 in rupees to your new account using an Internet check, there are no fees. If you need to transfer using your credit card, there is a fee of about $15. If you want to send money in U.S. dollars instead of rupees, the fee is $14, and closer to $20 if you use a credit card. The funds will be in your account within about three business days.

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  • Tue 10th Jul 2018 - 4:07pm

    United States banks offer remittances to banks in Pakistan. Some even have their own program specialized for the ability to transfer money to Pakistan easily and cheaply.

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