Exchange Rate
We provide a range of products relating to foreign exchange transactions. Corporate and individual customers can have their foreign exchange risks covered through us. A modern electronic trading system is used to have currency exchange rates in most currencies. A direct electronic feed is taken from one of the leading agency that provides immediate acecss to financial movements globally.
Home remittances
We are well equipped to process home remittances for a number of countries especially Pakistan and Bangladesh. Home remittances into Pakistan in PKR is processed at no charge with an excellent distribution facility within Pakistan.
Exchange rates for Pakistan Rupees (PKR) and Bangladesh Taka (BDT) as applicable on 30th July 2010 are as under:
| PKR Remittances | Customer | |
| Maximum cash amount £700 / - will attract a 0.50% handling charge. | ||
| upto GPB 5,000/- | ||
| GBP / PKR | 132.62 | |
| from GBP 5,000/ - upto GBP 15,000/- | ||
| GBP / PKR | 132.70 | |
| From GBP15,000 to GBP 25,000/- | ||
| GBP / PKR | 132.79 | |
| BDT Remittances | Customer | |
| Minimum amount £200 - no charge. If cash, a 0.50% handling charge will be levied. | ||
| GBP / BDT | 105.90 | |
The Bank can also arrange remittances in other currencies which are subject to charges (see general Terms & Conditions).