09-10-2007, 07:52 PM
Dear,
Zia's advice is correct.
However, if you will adopt banking channel to remit dollars, you will have to get involved in very complex situation which has so many requirements and needs intimation to SBP and its approval etc under Foreign Exchange Regulations.
Instead, simply issuing a cheque or remitting money using money market option is much more easier and fast going.
Regards,
Kamran.
Zia's advice is correct.
However, if you will adopt banking channel to remit dollars, you will have to get involved in very complex situation which has so many requirements and needs intimation to SBP and its approval etc under Foreign Exchange Regulations.
Instead, simply issuing a cheque or remitting money using money market option is much more easier and fast going.
Regards,
Kamran.