Pakistan
Overview
| Transfer method | Local* | SWIFT |
|---|---|---|
| Supported currency(ies) | PKR | AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
| Payment scheme | RTGS/IBFT | |
| Flight time (business days) | 0-1 | 0-3 |
| Maximum transaction limit | No limit for business payers** 5,000,000 PKR for individual payers | No limit |
| Ultimate payer displayed | Yes |
*Note that Local PKR payouts are only supported for individual beneficiaries.
**Airwallex may request for further information if a payout transfer exceeds 500,000 PKR.
Please refer to the sections below for the key required bank details and other considerations for each supported transfer method.
Local PKR payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | Should be PKR |
account_name | 2-200 alphanumeric characters or punctuation only | Account holder name of the recipient’s bank account |
iban | 24 alphanumeric characters | Should be a valid and supported IBAN starting with country code “PK” |
bank_country_code | 2-letter ISO 3166-2 country code | Should be PK |
Supported scenarios
Note that Airwallex currently can only support Local PKR payouts under the following transaction reasons:
| Required fields | Permitted Data | Notes |
|---|---|---|
reason | One of the following: technical_services, other_servicesand pension | technical_services: Transfers to resident individuals on account of freelance of computer and information systems services; other_services: Transfers to resident individuals on account of freelance services other than computer and information services; pension: Transfers to resident pensioners. |
SWIFT payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | One of AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
account_name | 2-200 alphanumeric characters or punctuation only | Account holder name of the recipient’s bank account |
iban | 24 alphanumeric characters | Should be a valid and supported IBAN starting with country code “PK” |
bank_country_code | 2-letter ISO 3166-2 country code | Should be PK |