Exporters’ Special Foreign Currency Account – ESFCA

Overview

Global Earnings. Seamless Banking!

You work beyond borders; your banking should too.

With Askari's Exports Special Foreign Currency Account, receive international payments directly, manage multiple currencies with ease, and access lifestyle banking tools tailored for your digital grind.

Built for IT exporters, freelancers, and global creators, this account keeps you in control, wherever your work takes you.

Open your ESFCA today.

Because global success needs a local partner that gets it.

Key Features

Features:

Current Account offered in PKR & FCY (USD, GBP, EUR, AED)
No Opening or Minimum Balance Requirements
FCY Retention up to 50% of Export Proceeds or USD 5000/- per month (whichever is higher).
Utilization of funds from Exporters Special FCY Accounts for all local (PKR) & Foreign (FCY) permissible payments

Free Services:

Issuance of First Cheque book against PKR account
First Issuance of Visa Debit Card against PKR account
Inter Branch Online Cash Deposit/Withdrawal
Internal Fund Transfer within AKBL via branch (Online Transfer)
Banker’s Cheque Issuance
I-Net Banking
E-statement
SMS Alerts on digital transactions

Additional Benefits:

Free Accidental Death and Disability Insurance/Takaful of up to PKR 2 Mn on monthly average balance of PKR 100,000

Transactional Limits:

Cash withdrawal shall only be done in PKR
FCY cash withdrawal from these accounts shall not be allowed in Pakistan. However, cash withdrawal outside Pakistan using debit card shall be allowed
The funds available in the ESFCAs can be converted into PKR at any time upon the request of the customer
*Subsequent Charges/Annual Fees would be as per prevailing SOC

Eligibility

Individual freelancers running a freelance service business
IT Companies

How to Apply

Visit your nearest AKBL branch or to open account digitally, click here.

No documents available.