Regulatory Alerts2026-04-06 | EPD Circular Letter No. 07 of 2026Added · Updated
Revision of Form R, IRV and Form M
The State Bank of Pakistan has revised the formats of Form M, Form R, and the Inward Remittance Voucher (IRV) to align with current regulatory reporting requirements and remove redundancies. The reporting thresholds for Form R and IRV have been set at USD 25,000 (or equivalent in other currencies). Authorized Dealers must use the revised formats immediately and are instructed to digitalize the process of seeking information from customers via Appendices V-7 and V-121 by June 30, 2026.
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