Delivery of Home Remittances by Overseas Pakistanis through Pakistan Post Program launched
Islamabad: Prime Minister Imran Khan launched Delivery of Home Remittances by Overseas Pakistanis through Pakistan Post Program in Islamabad on Tuesday.
The program is being launched under the umbrella of Pakistan Remittance Initiative.
Under this initiative, remittance beneficiaries can collect their payments free of any charges from post office locations using National Bank of Pakistan portal.
The initiative will facilitate faster, cheaper and more convenient flow of remittance into Pakistan.
It will also encourage overseas Pakistanis to remit their cash through legal means, which would eventually lead to boost foreign exchange reserves of the country, and discourage the transfer of funds from foreign countries through illegal means.