Regulatory Alerts2025-11-14 | EPD Circular Letter No. 10 of 2025Added · Updated
Amendment in Instructions Related to Sale of Foreign Currencies to Individuals
Exchange Companies must execute all foreign currency sale transactions to resident citizens of Pakistan for deposit into foreign currency accounts via account-to-account transfer. This requirement, effective immediately, amends Paragraph 5 of Chapter 7 of the Regulatory Framework for Exchange Companies to promote a cashless economy. Exchange Companies are required to disseminate these instructions to all concerned personnel for compliance.
Topics
fx
payments
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