SBP sets new $200 limit for remittance rebates under revised incentive scheme starting July 2025
The State Bank of Pakistan has revised its rebate scheme for financial institutions handling home remittances, setting a new minimum transaction size of $200 with a flat SAR 20 rebate, aiming to strengthen formal remittance flows and compliance from July 2025.
Pakistan Banks Association Rejects Claims on Remittance Subsidies, Highlights Critical Role in Economic Stability
The Pakistan Banks Association has strongly refuted allegations that remittance incentives serve no economic purpose, underscoring how these measures protect Pakistan’s balance of payments and ensure compliance with global financial standards.
ACE Money Transfer CEO Engages Pakistan’s Leadership to Boost Legal Remittances and Drive Financial Digitization
ACE Money Transfer CEO Rashid Ashraf holds high-level talks with Pakistan’s senior ministers to advance legal remittance flows, financial digitization, and structured incentives aimed at strengthening the nation’s economic framework.