I want to open a foreign currency acount


#1

Salam everyone
iam working abroad and want to set up a foreign currency acount in Pakistan. I need one with monthly profit. From what i understand is there is also loss associated with it? i dont want my base money to be disturbed and just monthly profit to go to m parents for expenditures. Can someone guide me?


#2

Dear Mr. Ahsen,

Thank you for your query regarding foreign currency account opening. Please visit the following link where we have captured foreign currency accounts being offered by Pakistani Banks.

https://www.mawazna.com/compare-bank-accounts/foreign-currency-accounts

After reviewing one that matches your expectations, you can get in touch with a particular bank for account openings. Account opening process is pretty straight forward these days however the deposit requirement vary from bank to bank. Hope this helps. Please feel free to ask if you have any additional questions.

Best Regards,
Team Mawazna