We are authorized foreign currency / instruments sales purchase dealers from State Bank of Pakistan working as exchange company type – A. We purchase foreign currencies from walk in customers / local market and sell in local as well as in international markets. The company has a daily turn over of equivalent to US$ 2m to 3m. We export various FCs equivalent to $1.5 m (excluding US$) On the other hand import 1.5 m US$ through banking channels. The foreign currency is usually surrendered in inter-bank market.
We have agency arrangements with MoneyGram, RIA and Sigue and handle their remittance business across Pakistan. We are the super agent of MoneyGram and RIA. We are also authorized to sell Telegraphic Transfers and Demand Drafts to local customers from Pakistan to all over the world through our designated bankers.
We have also signed an agreement with Mobilink Microfinance Bank and providing Branchless Banking Services through JazzCash at our branches.
The company is a good corporate citizen. It always operates with in the provision of the national and international laws. It is working closely with the regulatory authorities to promote the awareness and implementation of all regulatory requirements it is fully aware and responsive to its role and responsibilities in the international anti-money laundering drive.