Tue, 21-Oct-2025

Pakistan reintroduces incentive for banks, exchange firms to boost remittances

State Bank of Pakistan

KARACHI: The State Bank of Pakistan (SBP) on Monday reintroduced an incentive scheme for banks and exchange companies for promoting inflows of home remittances through legal channels during the fiscal year 2021/22. The cash reimbursement scheme for showing growth in processing home remittances by the banks and exchange companies was applicable for the last many … Read more