It is an electronic method of funds transfer and is appropriate for sending large sums of money directly to the beneficiary’s bank account. This method of sending money is suitable for the following purposes:

• University Fees
• Medical Expenses
• Personal Remittances

The requirements for sending money through telegraphic transactions are as follows:

For USD:

Sender Requirement:
1. Sender’s original and valid photo ID (CNIC, NICOP)
2. Personal PKR account
3. Bank Statement
4. Copy of Cheque / RTGS
5. Source of Income

Receiver Requirement:
1. US or Pakistani Passport
2. US Address
3. Bank account details
4. Social Security Card or Resident Card or Health Insurance Card

For EUR:

Sender Requirement:
1. Sender’s original and valid photo ID (CNIC, NICOP)
2. Personal PKR account
3. Bank Statement
4. Copy of Cheque / RTGS
5. Source of Income

Receiver Requirement:
1: European or Pakistani Passport
3: European Address
4: Bank account details
5. Tax Identification Card (TIN) or Health insurance Card or Resident Card

For GBP:

Sender Requirement:
1: Sender’s original and valid photo ID (CNIC, NICOP)
2: Personal PKR account
3: Bank Statement
4: Copy of Cheque / RTGS
5: Source of Income

Receiver Requirement:
1: British or Pakistani passport
3: UK Address
4: Bank Account details
5. Resident Card or National Insurance Card or Medical Insurance Card

For AUD:

Sender Requirement:
1: Sender’s original and valid photo ID (CNIC, NICOP)
2: Personal PKR account
3: Bank Statement
4: Copy of Cheque / RTGS
5: Source of Income

Receiver Requirement:
1: Australian passport or Pakistani passport
3: Australian Address
4: Bank Account details
5. Australian Tax File Number TFN or Health Insurance Card or Resident Card

For further information and queries about Outward Remittance, please call 03 111 222 156 or send an email to marketing@dollareast.com.