SBP Raises Currency Transaction Reporting Limit to Rs3 Million Under AML Law
The State Bank of Pakistan has increased the minimum currency transaction reporting threshold for banks and regulated financial institutions to Rs3 million from Rs2 million, following a federal government directive.
Pakistan Raises Currency Transaction Reporting Threshold to Rs3 Million
Pakistan has raised the currency transaction reporting threshold from Rs2 million to Rs3 million as authorities review anti-money laundering rules, expand virtual asset oversight and strengthen financial intelligence capabilities.