How to get money exchange license in pakistan

How to get money exchange license in pakistan

Author: nemo-x Date of post: 22.06.2017

As the time progresses more and more people are involved in online jobs due to inflation and unemployment. Which means that people are generating lots of income stream online and they withdraw money too.

FAP asks money changers to get franchise: Exchange firms - Newspaper - eqogypacuc.web.fc2.com

This is a very good news specially for people who are money exchangers because people convert their dollars in rupees with the help of these people.

First of all you need to keep an eye on money exchange rate in pakistan on daily basis because our country is very destabilize when it comes to economy.

Many of you might visited the pakistan currency exchange office in your city in order to exchange some foreign currency. All you have to do is to capture the dollars from your client first and than send them local currency. This is very safe business and requires very less investment. First thing you will need is local bank account.

Now you can open various bank accounts like Standard Chartered, MCB, Allied, HBL, Askari Bank etc. You need to open multiple accounts so that you can transfer money online from one account to another with transaction fees.

Otherwise you can open just one account initially and start your work.

State Bank of Pakistan

Second thing you will need foreign bank accounts like Paypal, Payza, Skrill, Payoneer so that you can receive money from your clients. Verifying these accounts are also very easy and you can find some of the procedures in my website.

Now you need to establish a Facebook page where you can interact with your customers. Also everyone now a days uses social media so this way they can also easily find you and your services. This way you can increase the confidence level of your customers. Best way is to find customers is by posting your ad on Facebook.

But you should also find some other ways like posting your ad on Olx. The golden rule of this business is that never send money first to your client and always ask them to send currency first.

how to get money exchange license in pakistan

Currency Exchange Currency Exchanger money Exchanger Online Currency Exchange. As we know that many international companies do not provide their payment services in Pakistan. Dear, I need to know kai koi documentation ki zaroorat to nahi hoti. Signup with your email ID and verify it. Data Entry Make Money Online Jobs Marketing Data Entry Make Money Online Jobs Marketing.

How to become a foreign currency dealer | Money | The Guardian

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