How to Send Money Out of Pakistan

There are several ways you can send your money out of Pakistan. we will discuss both banking and Non banking channels in this video through which you can transfer your funds out of Pakistan.
you can send money out of Pakistan through commercial banks for medical treatment for education and for travel purposes.
State Bank has defines certain limits that you need to follow. for medical treatment you may transfer USD.50,000 directly into hospital account using bank transfer, payment order, demand draft. for stud purposes you can transfer USD.70,000 directly into university account or payment order and demand draft issuance.
For travel purposes you may transfer USD2100. all these limits are annual basis.
through debit and credit cards you can transfer USD.30,000 per annum for personal reasons and that transactions must be aligned with your profile in your kyc with the bank.
you can take cash in foreign currency with you while travelling abroad. for adults limit is USD5000 per travel or equivalent foreign currency and for minor limit is USD.2500 per travel. for adults annual cap is USD30,000 and for minor same is USD.15000.
for Afghanistan limit is USD1000 per visit and annual limit is 6000 USD. The limit is minimum for Afghanistan and Govt has noticed the movement of foreign currency towards Afghanistan.
hawala hundi is widely used mode for moving funds within Pakistan from abroad and vise versa. This is an illegal way for money transfer as SBP does not receive your money in fcy.
The foreign reserves of SBP does not affect in case of hawala hundi that's why its illegal and prohibited.
you can use PayPal and pioneer for fund transfer abroad. Although PayPal is not available in Pakistan directly but you can access it through pioneer.
From PayPal then you may send fund to another foreign bank account.
Crypto wallets is another opinion for moving money abroad.
you transfer your funds into binance or another crypto wallets and from there you can send money to another bank account in foreign country.
hope you like this video