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FOREIGN TELEGRAPHIC TRANSFER (FTT)

FOREIGN TELEGRAPHIC TRANSFER (FTT)

Telegraphic Transfer is one of the fastest means of remitting funds outside Pakistan. Through NBP Exchange Company Limited, it is easy to send money via Telegraphic Transfer.

Through NBP Exchange Telegraphic Transfer service, money is transferred into the beneficiary’s account within 2-3 working days (depending on the corresponding bank).

Main Purpose of Telegraphic Transfer

  • University fee
  • Education Expenses
  • Hospital expenses
  • Immigration
  • Family remittances
  • Maintenance bill etc.
Particulars required for Telegraphic TransferSender

  • Full name and address
  • CNIC Copy/Overseas CNIC Copy
  • Passport Copy in case of Foreign National
  • Phone number
Beneficiary

  • Evidence of the purpose for Telegraphic Transfer (e.g., University
    offer letter)
  • Original CNIC along with its photocopy/Passport along its copy.
  • Ensure the following information is correctly provided.
  • a) Beneficiary account number
  • b) Bank name and address
  • c) Swift Code
  • d) IBAN/Sort Code/BSB/ABA/Routing number/Transit Number
    (As per the country requirement)
Terms and Conditions:

  • The company is not responsible for following:
  • a) Delay/wrong payment due to incorrect details provided or due to OFFAC sanctions.
  • b) Service Charges deducted by foreign Banks- Service Charges will be applied for amendment / correction / tracking of the payment.
  • All AML/KYC procedures will followed as per the directions of State Bank of Pakistan.
  • Expired CNIC/Passport will not be accepted.
Note: The rates are indicative only.

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