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Foreign Telegraphic Transfer

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

Particulars required for Telegraphic Transfer Sender

Beneficiary

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.

 

 

Foreign Demand Draft (FDD)

Demand Draft is a physical mode of money transfer. It is beneficial for the sender to make a bank draft because it is secure and can only be credited to the specified beneficiary’s bank account.
Through NBP Exchange, you can easily get ready your Demand Draft

Main Purpose of Demand Draft

Particulars required for Telegraphic Transfer Sender

Beneficiary

Terms and Conditions

Note

i) Company is not responsible for rate variation in Foreign currency.
ii) FTT/FDD charges are not refundable