Being away from home can be a challenge on its own. According to several studies, millions of Pakistanis live abroad, and most of them feel the need to transact money to or from Pakistan. Looking at this need, every Pakistani expat must know the basics of sending and receiving money.
If you have moved abroad recently, experiencing being away from home can be a scary experience on its own. In such circumstances, determining the right way to send or receive money can be a big responsibility on your shoulders.
If you feel overwhelmed, follow this guide to send and receive money from Pakistan.
Sending Money to Pakistan
Many Pakistani expats have to send money to Pakistan from the USA frequently to support their families or fund their private endeavors. Money services such as Western Union can help them on their journey. Everyone wants to secure the best option to ensure the safety of their money and secure the best exchange rates.
If you are using a global financial service, you have more than one option to send money back home.
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Online
Several global financial services understand that every customer cannot walk into the office to send money back to Pakistan. That is why they offer mobile applications or online platforms for customers to send money from the comfort of their homes.
You can create a free account with your global financial service provider and log in whenever you need to send money to Pakistan. You can make these payments through your credit or debit card. Using your bank account is also a reliable option.
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Via Phone
If you do not have an account or find the registration process too complicated, you can rely on phone services that your global financial service provider may provide. All you need to send money via phone is your credit or debit card.
Once you have your card in hand, you can get in touch with a representative of your financial services. They can walk you through the services and take the details of the recipients to send money to Pakistan. The whole process can be taken care of in minutes.
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In-Person
Global financial service providers have a worldwide network. They work in several countries with thousands of branches in every country. You can locate the nearest on-site location of the service providers and visit the location.
The representatives of the financial services can help you through the process within just a few minutes. They may also provide you with a next-day service to ensure that the money can be received the next day.
Receiving Money in Pakistan
To receive money from a loved one in Pakistan, you must ask them how they sent it. If they send cash, you can go to an agent location in Pakistan with a government-issued ID and the tracking number. If they used a prepaid card, check funds online or by phone. Many service providers also let you track your transfer online to withdraw the cash as soon as it reaches.