Pakistani expats can now send money through mobile

T TV Wednesday 30/January/2019 17:51 PM
By: Times News Service

Pakistani citizens in Oman can now send remittances back home through the ‘Mobile Wallet’ scheme, a new feauture launched by the State Bank of Pakistan.
The feature, M-wallet, aims to easen the proceedure of transferring money to Pakistan.
"This account is meant for beneficiaries of home remittances i.e. individuals having Pakistani nationality only. Individuals can open these accounts on singular basis. One CNIC holder can open only one M-wallet (BB-HRA) in a bank." - State Bank of Pakistan
These M-wallets can only be fed with home remittances - money sent from abroad.