Send money to Pakistan with XE
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If you need to send money to Pakistan, whether for business or personal reasons, there are a couple of international money transfer providers (other than your bank) that can carry out a transfer.
XE has fast transfers with low fees and a range of foreign currency tools.
The transfer fee, exchange rate, collection options and other options vary between providers. We compare the different services you can use to send money to Pakistan below.
Here you will see the main differences between a bank, an international cash payment service and an online money transfer company.
You can find out the NZD-to-PKR exchange rate when you login to Internet banking.
|Money Transfer Company 1||Money Transfer Company 2||Money Transfer Company 3|
|Exchange rate||NZD$1 = PKR67.7738||NZD$1 = PKR 69.4915||N/A|
|Amount received for NZD$1,000 (in Pakistani rupees)||PKR62,758||PKR68,962||N/A|
|Transfer time||Minutes||2-4 business days||2-4 business days|
|Transfer options||Cash collection||Bank account deposit||Bank account deposit|
Correct: 3.00PM 21/02/16
Compare different quotes to send money to Pakistan by these features.
You can send money to Pakistan using the international payment services of your bank or you can sign up for a free account with one of the other providers we compare on this page.
You can request your bank to send money to Pakistan via international telegraphic transfer. To do so, you will need to provide:
These companies can send money to a Pakistani bank account.
Providers such as Western Union or WorldRemit can send cash to collect in minutes, as well as deposit funds into the recipient’s bank account.
You can find key information about how to receive a payment from Pakistan below.
To receive money from Pakistan into your bank account, make sure you provide the sender with the following information:
To receive a payment via PayPal, give the sender your email address or phone number so they can deposit funds into your PayPal account. You will need to transfer to the money to a linked bank account to access the cash.
If you are collecting a cash payment from Pakistan, you will need to show photo identification, as well as the transaction reference number or unique password.
Consider these options for sending emergency funds to Pakistan in a hurry.
This is a snapshot of different Western Union and MoneyGram agents in Pakistan’s four biggest cities. Western Union and MoneyGram are predominantly partnered with Pakistani banks.
The government advises travellers to stay away from the Federally Administered Tribal Areas (FATA) of Pakistan, as well as the Pakistani-Indian border. There is an extreme risk of terrorism in these areas, and New Zealanders should reconsider the need to travel to these destinations. Violent crime against foreigners is common, including robbery and kidnapping.
Avoid travelling at night time and always carry identification in case you are stopped by the police. If you are concerned about picking up cash, speak to your hotel to arrange an escort and make sure you have a safe place to store the cash once collected. Call the merchant before you collect the money to make sure they have enough cash, if you are collecting a large amount.
Depending on your chosen money transfer company, follow these steps to send money to Pakistan.
Log on to your Internet banking facility to send money via your bank. If this is your first payment, you will need to create an international beneficiary first. Enter the recipient’s details such as their bank account and personal details. The receiving bank may charge fees as well as your local bank. You can elect to have these fees deducted from the total amount sent to the payee or you can pay these fees upfront.
You will need to create a free account to use the services of the companies we have mentioned on this page. This can be completed in a couple of minutes. Provide the following information about yourself to register for an account.
Once you have paid for your transfer, you will be issued with a tracking number which can be used to check on your status of your money transfer to Pakistan.
As of the 2013 census, there are more than 3,000 people of Pakistani origin who call New Zealand home, with 69% living in the Auckland region. New Zealand has a long-standing relationship with Pakistan, as both are members of the Commonwealth. Pakistan was readmitted in 2008 when civilian rule resumed.
In 2016, the total trade between the two countries was NZD$159 million. Kiwi exports to Pakistan include dairy products, iron and steel. Pakistan’s imports to New Zealand are mainly textiles and cereals.
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