Pakistan Remittance Initiative (PRI) is a joint initiative taken by State Bank of Pakistan

State Bank of Pakistan

The State Bank of Pakistan is the central bank of Pakistan. While its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until January 1, 1974, when the bank was nationalized, the scope of its functions was considerably enlarged...

, Ministries of Finance and Ministries of overseas Pakistanis. This initiative has been taken in order to facilitate the flow of remittance into Pakistan

Pakistan

Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...

. Overseas Pakistanis or people living abroad can remit their funds through this service free of charge and free of tax

Tax

To tax is to impose a financial charge or other levy upon a taxpayer by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxes are also imposed by many subnational entities...

es.

External links

• Official website

Pakistan Remittance Initiative

Address: Camp Office,

4th Floor, Main Building,

State Bank of Pakistan,

I.I. Chundrigar Road,

Karachi 74000

Pakistan

Tel: +92 (21) 35208888

Fax: +92 (21) 99212483

Email: info @ pri.gov.pk