1. Account to Account Transfer

2. Cash Payment

3. BOP ASAAN Remittance Current Account

1. Account to Account Transfer:

Real Time credit to BOP's Account holders.
Same day credit to other bank Account holder
Fast, prompt and hassle free funds transfer
No Limit of funds to receive in Account
Free of charge
Requirements: Complete BOP's account number/ IBAN number.

2. Cash Payment

Receiver's account in BOP is not required
Instant cash payment of up to Rs. 500,000/- can be made to the beneficiary at any branch
Fast and hassle-free service

Requirements: Remittance Reference Number and original CNIC provided by the receiver/ beneficiary.

3. BOP ASAAN Remittance Current Account:

Opening of a bank account to receive home remittances from our loved ones is not easy nowadays and involves a long list of formalities. The Bank of Punjab now introduces "BOP Asaan Remittance Current Account" to facilitate opening of bank accounts by low risk customers to receive home remittances through proper accounts instead of resorting to traditional cash over the counter transactions. These segments of society may include but are not limited to skilled/unskilled work force, farmers, less educated/uneducated people, laborers/daily wagers, women/housewives, self-employed individuals, pensioners, young adult population etc.

Salient Features

• The account will open in PKR currency as current account only.
• This account shall be fed through Home Remittances from abroad only.
• Only “Individuals” can open this account in Single or Joint capacity.
• There is no requirement of initial deposit and minimum balance.
• No charges on opening or closing of the account.
• Silver Debit Card will be issued and renewed at subsidized price of PKR 300 per annum.
• No commercial remittances shall be deposited in the account.
• No local credit shall be allowed in the account.
• No outward remittance will be allowed.
• Maximum credit balance of upto PKR 2,000,000.
• Cash withdrawal upto PKR 50,000 per day.
• Fund transfer from Asaan Remittance Current Account to any other account upto PKR 50,000 per day.
• Account can be opened with minimum formalities and on one pager account opening form.

In case of any questions or inquiries pertaining to home remittances, you can be reached through following means:

Phone #:92-42-99232056; 042-35947561-6; 021-35631181
Email: Rtgs.hrc@bop.com.pk