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How can I receive remittances with Sadapay Account?
Faiza Ahsan avatar
Written by Faiza Ahsan
Updated over 6 months ago

As the world becomes more connected, sending and receiving money from overseas has become easier than ever. SadaPay allows users to receive remittances through various platforms, making the process simple and hassle-free! πŸ’Έ Here are some platforms that through which you can receive international payments to your SadaPay wallet: πŸ‘‡

  1. Transferwise: Transferwise is a peer-to-peer international money transfer platform that offers low fees, fast transfers, and real-time exchange rates. πŸ’Έ

  2. Payoneer: Payoneer is a leading cross-border payments platform that allows SadaPay users to receive funds from over 200 countries. You can easily link your SadaPay account to your Payoneer account to receive payments. πŸ’³

  3. Remitly: Remitly is a mobile app and online money transfer service that helps SadaPay customers receive remittances from the United States, Canada, and the United Kingdom directly into their wallets. πŸš€

  4. Xoom: Xoom is a digital money transfer platform that allows users to send money to Pakistan from over 40 countries. SadaPay customers can receive funds from Xoom directly into their wallets, making it easy to access their money. πŸ’°

  5. ACE: ACE Money Transfer is a leading cross-border payments platform that allows SadaPay users to receive remittances from over 90 countries with competitive exchange rates and low fees. πŸ’³

  6. Upwork: Upwork is a popular freelancing platform that allows SadaPay users to receive payments from clients around the world. Funds can be transferred directly to your SadaPay wallet, making it easy to manage your finances. πŸ’Ό

  7. Paypal: Xoom lets users with PayPal transfer funds to Pakistan using the "Bank Deposit" option. You just need to give the sender your IBAN, which you can find in the app by hitting the "Load money" button. 🀩

With these options available, you can receive remittances from around the world, quickly and conveniently. So, whether you're receiving payments from clients or getting funds from family and friends, SadaPay has you covered! πŸ’ͺ

FAQs:

  1. Who will be providing the conversion rate?

    Conversion rates will be applied on the day the transaction is settled into your account as per the rate mentioned on the platform you choose.

  2. Does SadaPay charge any fee for the service?

    No, we do not charge any fee for the service.

  3. What is the standard timeline for receiving remittance? How long will it take for the inward remittance to reflect in my account balance?

    It is usually instant, but sometimes it can take up to 1-2 working days, depending on where the transfer is from.

  4. Can I SEND remittance to international wallets from SadaPay?

    There is an SBP restriction on sending money outside of the country. This is a grey area for EMIs and we are awaiting confirmation from SBP on how to handle such transactions for outward remittances.

  5. Can I link my SadaPay account to any of the above-mentioned platforms?

    Unfortunately, you cannot link your account to any of the remittance platforms.

  6. Does the receiver have to have an account on the remittance platform?

    No, the receiver does not require an account on the remittance platform.

  7. Can I receive and hold the remittance in the US Dollar?

    No, your amount will be converted to PKR when received in your SadaPay account.

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