What types of beneficiaries can I transfer PKR to?
You can send PKR payments to individual accounts in Pakistan.
Payment Types
PKR transfers are sent via local transfer.
Name Checks
Name verification is required for PKR transfers.
Is there a limit on the amount I can send?
Transfer Limit: PKR 35,000,000 per transfer
How long does it take for the funds to reach the beneficiary?
Cut-off Times: 24/7 processing
Delivery Estimate
BAHL: Typically up to 1 working day after currency conversion is completed
BALF: Typically instant after currency conversion is completed
Note: Currency conversion can take up to 2 business days from the time your transfer is approved.
What will the sender's name be reflected as?
Your business name will be displayed as the sender on the recipient's bank statement.
What types of payments are restricted?
PKR transfers to the following accounts are not supported:
Meezan Bank Express accounts
Allied Bank Express accounts
What information should I include when sending PKR transfers?
Recipient and Transfer Details:
When initiating the transfer in the Aspire app, Admin and Finance Users will be asked to provide:
Recipient name: Must match the bank account exactly
IBAN: 24 characters
Reference: Up to 50 characters, sent via email
Traces and Recalls
Traces: Trace requests are supported. You will need to provide the recipient's bank statement to initiate a trace request.
Recalls: Recall requests are not supported.
To request a trace, contact Aspire Support Team via the Aspire app.
Bounceback
If your transfer is rejected by the recipient's bank, the funds will be returned to your Aspire account within 1 - 3 weeks, depending on the beneficiary bank.
Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.