SBP Allows Exchange Companies to Use Raast for Digital Home Remittance Transfers
State Bank of Pakistan has enabled exchange companies to use Raast for home remittance disbursement, advancing digital payments, financial inclusion, and the country’s cashless economy goals.
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.