If you’re one of the almost nine million Pakistanis living abroad, then sending money to family and friends in the old country may be something you do regularly.
After all, it’s known that billions of dollars’ worth of remittances are made every month from people just like you, supporting loved ones back home. The problem is that many money transfer services can charge high fees or apply unfair exchange rates.
At Remitly, we believe sending Pakistani rupees to the most important people in your life shouldn’t have to cost over the odds. It should also be convenient, which is why our service lets you transfer funds to be collected in cash at a pick up location of your choice. Alternatively, you can send directly to a Pakistani mobile wallet or a bank account.
If your recipient has a Bank Alfalah account, here’s how you can make the transfer there.
Send Money to Bank Alfalah in 5 Easy Steps
Delivering funds to a Bank Alfalah account is a simple process. Here are the steps to follow.
- For first-time users, download the Remitly app and create an account. Then select Pakistan as your destination country.
- Enter the amount you wish to send.
- Choose Bank Deposit as your delivery method and Bank Alfalah as your location.
- Enter your recipient’s UBL IBAN or account number.
- Enter your payment details.
Then you’ll be all set to review the details and hit send. Your PKR remittance will be swift and secure, with your friend or family member receiving SMS updates so they know when the transaction is complete.
Why Should I Use Remitly to Send Money to Bank Alfalah?
Sending money to Pakistan doesn’t have to be a complicated or pricey procedure. You can make it happen with a few taps through the Remitly app, while being sure of getting low transfer fees and great exchange rates.
Need to cancel a remittance for any reason? No problem – you’ll get your money back, so you can rest assured you’re in control at all times.
How Quickly Will My Money Arrive at Bank Alfalah?
If sending money to Pakistan is something you have to do urgently, we have you covered. With Remitly, you can choose to have the Pakistani rupees arrive typically within minutes. Alternatively, if things aren’t pressing, you can opt for the slightly lower fee transfer which takes between three to five days.
How Much Money Can I Send to Bank Alfalah with Remitly?
It doesn’t matter whether you’re making a large Pakistani rupee transaction, or just sending a small amount to help a friend or family member out. You can make it happen with Remitly, secure in the knowledge we’ll abide by international regulations and keep your assets safe. One way we do this is by applying sending limits. The limits for members who’ve provided the minimum verification details are as follows.
- US$2,999/€5,000/AUD$2,999/£5,000 within 24 hours
- US$10,000/€15,000/AUD$10,000/£15,000 within 30 days
- US$18,000/€50,000/AUD$18,000/£50,000 within 180 days
Bear in mind you can always increase these limits by getting in touch with some more information.
Is it Safe to Send Money to Bank Alfalah with Remitly?
Anytime you send money online, it’s natural to have security concerns. At Remitly, we ringfence our members’ details with two-factor verification and personal data encryption.
This means your login details and financial transactions are kept shielded at all times. Peace of mind is also boosted by our SMS/text notifications which let you know how your transfer is progressing. You should also know that if anything goes wrong, you’ll be refunded the money.
More about Bank Alfalah
One of the biggest banks in Pakistan, Bank Alfalah has over 730 branches located throughout 200 cities – not to mention international outposts in countries such as Bangladesh, Afghanistan and the United Arab Emirates. It offers a vast range of services, from consumer banking to corporate and investment banking, as well as Islamic financing solutions.
It’s certainly come a long way since “starting off with just a handful of branches in 1997”, to quote the current chairman. With the sheer range of accounts offered, from the basic account through to special remittance accounts tailor-made for people receiving regular amounts from abroad, it’s little wonder Bank Alfalah continues to be so popular with Pakistanis.
The world has felt more uncertain than ever recently, but Remitly is a constant in our customers’ lives. We’re always here to ensure you can send funds to the people you care most about, with our app making each remittance as easy as the next. With every transaction tracked with updates, you can feel safe in the knowledge that the Pakistani rupees will get where they need to be, quickly and safely.