The best bank for overseas Pakistanis in Pakistan now is at your fingertips. Banks are playing a vital role in any individual’s life. They are providing different banking services for an individual, businesses, digital transfer of funds, and loans. Many banks are giving services to non-resident Pakistanis for opening an account and getting benefits.
Firstly, we discuss the types of banking
Types of banking
We describe the types of banking services in categories such as:
- Individual banking
- Business Banking
- Digital banking
Banks are paying a variety of services for an individual in organizing their finances accurately like:
- Saving account
- Checking account
- Debit and credit card
- Wealth management
Most banks deal with financial services for business owners which differentiate in personal and business finance. Business banking including in:
- Business loans
- Checking account
- Savings account
- Merchant services
- Treasury services
- Debit and credit cards
Today is the age of technology. Everyone wants a convenient procedure to handle their tasks. Digital banking provides us with this facility in organizing finance just with one click such as:
- Online bill payment
- Text Alerts
- Mobile check deposit
- Online mobile &tablet banking
Loans are considered a common service provided by banks but this is the most important bank service offering you a variety of loan structures and in different terms and sizes. Loans help in achieving financial stability in business, home finance, and automobile purchasing.
- Personal loans
- Business loans
- Home loans
- Home equity lines of credit
- Auto and boat loans
Everyone wants the best opportunity in each work. Banks allow overseas to manage their finances in Pakistan without any hassle. Some well-known banks are providing services for overseas Pakistanis to invest in Pakistan in different schemes for getting loans, and so on.
Best banks for overseas Pakistanis
For overseas Pakistanis, many banks are providing the best services all over Pakistan. They are at the forefront to overcome the gap between Pakistan and their current expats location. Banks are allowing them to deal with their financial matters in a trustworthy way.
Allied bank is one of the well-reputed banks in Pakistan with high-quality services. Allied bank is giving a convenient portal for remittance, without deduction from the total amount of money.
Allied bank express gives the instant service of sending remittances at zero cost. Some main points of this service are given below:
- No charges on remittance
- Don’t have to pay any hidden charges
- Zero deduction from your remittance
- Extremely competitive exchange rates
Furthermore, Your dear ones can send and receive remittances from any branch of allied bank Pakistan via online banking portal. It’s very convenient for overseas Pakistanis to send money online and track their remittance status by entering the reference number that’s bank allows them.
Standard Chartered Bank
Standard chartered bank is a well-known bank that’s providing services for decades, it’s included in the country’s oldest foreign-owned bank. Standard Chartered gained popularity when it started giving the benefits of quick money transfer in standard chartered banks outside as well.
Additionally, It’s superior quality is that standard Chartered has generously transferred money in a variety of currencies. You can simply manage your accounts globally. You can instantly analyze funds, balances, and remittances between banks. You can track the history of transactions. Moreover, you can instantly send money online.
Faisal bank is also included among the best bank for overseas Pakistanis in Pakistan and is popular due to its customer-friendly services. It deals with remittance services in global banks. It manages the remittances sophistically.
- Cash-over-Counter payments for walk-in customers at Faysal Bank branches
- Instant Account Credit to Faysal Bank Ltd account holders
- Instant Account Credit to 1Link member bank account holders through IBFT
- Same Day Account Credit to other bank account holders via PRISM / RTGS
For further information, you can visit Faysal Bank Limited’s online portal.
JS bank offers a home remittance account. Overseas Pakistanis use this account for sending money to their family and friends. This special account ensures you can track the remittances and funds that you send from abroad. For home remittance account registration, you can use your mobile number. Moreover, For registration you have to follow further steps, For example:
- Go to your near JS bank and fill out the application form for a home remittance account.
- Provide your credentials and do biometric verification at any JS bank.
- Account will be open instantly within seconds after efficacious verification.
After opening a home remittance account, overseas can send money free of cost.
In the end, we can say that we have discussed the best bank for overseas Pakistanis in Pakistan which are giving the best services to the overseas.
For example, Allied bank, Faysal bank, JS bank, and Standard Chartered banks are at the top list of all the listed banks. Now, it is very convenient and seamless to send money online to overseas Pakistani anywhere in the world from and into their Pakistan banks.