If you’re a Pakistani worker or student who sends money home to loved ones, you’re not alone. About nine million Pakistanis live outside the country and many want to support their communities back home. Remittances from overseas Pakistanis boost local economies from Lahore to Karachi. But you may have noticed that high transfer fees and poor exchange rates can make sending money to Pakistan expensive. Remitly is changing that.
With Remitly, you can turn your dollars (USD), pounds (GBP), and other currency into rupees without stress or hidden fees, so more of your money makes it home.
One popular option for sending money to Pakistan is through direct deposits or cash pickups to an MCB Bank account. We make it easy to transfer money to any MCB Bank account from outside Pakistan.
How to Send Money to MCB Bank with Remitly
Sending money to any MCB Bank account is simple. First, if you haven’t already, download the Remitly app and set Pakistan as your destination.
- Enter the amount of money you want to send.
- Choose whether you want to do a bank transfer or cash pickup.
- Enter the recipient’s information.
- Add your payment details.
And that’s usually all it takes to get started! We may ask for additional documentation depending on the amount sent or if we are unable to verify your identity.
Why Should I Use Remitly to Send Money to MCB Bank?
Remitly isn’t just easy to use. We also offer bank-level security and encryption, competitive exchange rates for the Pakistani rupee (PKR), and fast delivery.
We also have a simple pricing structure. That way, you never need to worry about hidden fees or wasted funds.
How Much Money Can I Send to MCB Bank with Remitly?
As a money transfer provider, Remitly seeks to balance customer service with customer security and international regulations. To do this, we have sending limits. These vary by country.
If you need to send more than the sending limit for your country, a bit more paperwork is needed. Additional sending limits may apply depending upon your choice of payout partner or receiving location. Questions ? Check details here.
Is it Safe to Send Money to MCB Bank with Remitly?
Remitly is committed to keeping your transfers safe. Since our founding, we’ve earned the trust of millions of people across the globe for our secure international money transfers.
In addition to using two-factor verification for signing in and data encryption for transfers, we have a full team of in-house security experts. And of course, if something goes wrong during the transfer, you’ll get your money back.
Read more: How To Safely Send Money to Pakistan in 5 Easy Steps
More about MCB Bank
Headquartered in Lahore, Pakistan, MCB Bank was founded in 1947 and is now one of the largest banks in Pakistan. It is an industry leader with several awards under its belt, such as the “Best Bank in Pakistan Award” from Finance Asia.
With over 7 million customers, MCB has branches in Pakistan, Sri Lanka, Bahrain, Dubai, and other key locations abroad.