Our international transaction charges for non-PKR transactions (aka transactions in foreign currencies) are as follows:
🔹 International Transaction Fee 5% of the base amount (excluding FED)
Suppose you're buying something worth 10 USD and the conversion rate is 1 USD = Rs. 246.16
Here is the breakdown of the total amount that will be charged to you:
Calculation Example:
Base Amount | Transaction Amt x Conversion Rate | 10 x 246.16 = Rs. 2461.60 |
International Transaction Fee (ITF) | 5.8% of the base amount | 5.8% x 2461.60 = Rs. 142.77 |
Total Amount | Base Amount + WHT + ITF | 2461.60 + 142.77 = Rs. 2,604.37 |
The currency conversion rate that we charge are passed on to us by our partner banks. Rest assured, we are committed to provide our users with the best FX rates for international transactions in Pakistan. 🙌🏽