Money Transfer

Please would some one help me with this information

  1. What are the various ways in which I can transfer money to some one in Lahore from London *(with very less cuttings) *? Where should I open account that the cut cost be the least?
  2. Will opening a Foreign Currency Account here in Lahore, help me in any way?

Re: Money Transfer

depends how much you like to transfer, i use pakremit.com a service by national bank of Pakistan. My limit is 40000$ for two months with per transaction can't exceeded by 7500$. they charge interbank rates so currently its 86.50 for $ but in open market dollor is 89.50

Re: Money Transfer

I dont want to transfer that much but .. say I want to transfer in between Rs. 25k - 40k? i.e. around 300 GBP

Re: Money Transfer

paypal to

rest_assured_ur_money_is_safe at decent6chora.com

I'll transfer it ....

PS: western union?

Re: Money Transfer

I have used western union in the past but now i use a new company called UAExchange. There are no fees whatsoever and the conversion rate is on par with western union or better. Money can be picked up from a number of banks in pakistan. I’m not sure if they have branches in UK but I suspect they would, given the large number of pakistanis in UK.

http://www.uaeexchange.com/

Re: Money Transfer

https://www.ubl.com.pk/news/UBL_Xpress_Money.asp

https://www.ubl.com.pk/remittances/tezraftaar/ubl_PRI_CARD/

Re: Money Transfer

I have an account with MCB & and with Alfalah as well. I like the free of cost options if they are safe enough. What's the point of a Foreign Currency Account or an account at say Barclays in London, in such a scenario?

Re: Money Transfer

U can send thru Moneygram bcoz i think Western Union is now banned in Pakistan.

Re: Money Transfer

:eek:** nooooooo**:eek:

Re: Money Transfer

Zarko waley saley buhat kaoti kerty han Western Union is the best I guess :stuck_out_tongue: But WU ki fees 10 to 15 hai jab ke Zarko ki 3 dollars thi aj se teen sal pehly magar dollar exchange rate was to low Magar ab ka pat nahi woh import export ka karobar hi kahtam hu giya :hinna::stuck_out_tongue:

Re: Money Transfer

Yes it has banned for some countries but might be now they have lift the ban :cobra:

Re: Money Transfer

I don't think that is true ... I sent some money a few days ago to Pakistan on Western Union.

Re: Money Transfer

[Western Union: Send & Receive Money in the United Kingdom

U](Western Union: Send & Receive Money in the United Kingdom)sing this site and the drop down list clearer shows Pakistan as having Western Union agents … Perhaps Sannan is a Moneygram agent !!! LOL

Re: Money Transfer

So now they have lift the banned as some months back Pakistan Govt stopped their activities in Pakistan.

Re: Money Transfer

Peace DaffyDuck

Shan Travel in Southall do no commission on transfers over £50 ... but you will need to give them your various details to set up an account.

Re: Money Transfer

I was kidding with you ... :)