Regulatory Alerts2025-11-14 | EPD Circular Letter No. 10Added · Updated
Amendment in Instructions Related to Sale of Foreign Currencies to Individuals
Paragraph 5, Chapter 7 of the Regulatory Framework for Exchange Companies is amended to require that all foreign currency sales to resident citizens of Pakistan for deposit into foreign currency accounts be executed via account-to-account transfer. Exchange Companies must implement this change to promote a cashless economy and inform all concerned parties of the new compliance requirement.
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