Salam alekum,
Just wanted to know what is the efficient and hassle free way of transferring money to Pakistan from Qatar?
I plan to send 4Mn for buying a plot.
Should I try Bank to Bank (takes many days)
Send it thru exchange in multiple transactions?
Please advise.
Thank you
flex-01 replied on Sunday, July 1, 2012 12:12 PM
Bank to Bank,. one transactno should be good.
GO to UBL and do it from there. Since it is a large amount, request hem for a better rate than the counter |
BamBam replied on Sunday, July 1, 2012 02:47 PM
thanks flex.
But how can i take this much cash for remittance?
wouldnt it be better to transfer directly from my account thru internet banking? |
Farrukh replied on Sunday, July 1, 2012 03:47 PM
Hi BamBam, I am also currently living in Qatar and use QNB to transfer money to Pakistan. Its always good to use over-the-counter service of a bank for larger amounts as they will give you a proper receipt of your remitance which you will eventaully need one day in Pakistan due tax related issues. So my advise to you is not to think of exchange rate or the delay and use the proper banking channel. Regards |
usman replied on Monday, July 2, 2012 06:20 AM
al fardan exchange has the best rate .The process is simple and the money is transfered to a bank account in pakistan within 3 or 4 days . |
Mux replied on Monday, July 2, 2012 06:24 AM
@Farrukh my account is in QNB as well. I transmitted around 1Mn thru internet banking. You can actually transfer QAR92500 thru internet banking.
Is it more useful to do the transfer over the counter coz you get the reference number anyway from internet banking?
@usman the exchanges start moaning if you wana transfer big amounts. secondly it's not convenient to carry 100,000 in cash. |
flex-01 replied on Monday, July 2, 2012 11:47 AM
BAm BAm:
Carrying cash is not a problem in Qatar. For UBL or any toher exchange house, just take a print out of ATM or bank withdrawal to fulfil their AML requirements.
Call two/three palces for best exchange rate and go for the best.
Good to see so many people from Qatar on this forum:) |
