MCB Islamic Bank Network

• 324+ Online branches across Pakistan reaching millions of Pakistanis instantly.
• Payments can be collected from any branch of MCB Islamic Bank Ltd. across Pakistan. However, we encourage senders to crediting all home remittances directly into the beneficiaries’ account/wallet.
• A team of dedicated and customer-oriented staff, fully focused on incomparable inbound home remittance disbursement service for the customers of Home Remittance.
• Trusted, secured, swift & easy way to receive home remittance transactions.

Steps to send Home Remittance to Pakistan

• Step 1: Locate a Money Transfer Operator (See list of operators here).
• Step 2: Provide remittance details and beneficiary information along with the amount to be sent.
• Step 3: The Money transfer Operator/Mobile Application will give a TPIN/ XPIN/ MTCN/ Voucher code.
• Step 4: Save Payment Slip screenshot from Mobile Application for future reference.
• Step 5:Contact the beneficiary who will collect remittance, share with them the XPIN/MTCN and other particulars of the remittance amount through which the beneficiary can then collect from any branch of MCB Islamic Bank. However, as per SBP instruction, we request beneficiary to provide their account/wallet details to credit the amount in respective account.

Steps to collect Home Remittance from MCB Islamic Bank branch

• Step 1: Visit any branch of MCB Islamic Bank with your original & copy of identity document (e.g. CNIC/SNIC/NICOP/SNICOP) and the TPIN/ XPIN/ MTCN/ Voucher code.
• Step 2: Once details are verified, the remittance amount will be handed over to the customer/beneficiary after completion of transaction within few minutes.

Cash over the Counter Transaction Limit

PKR 850,000/-

Modes of Distribution

At MCB Islamic Bank, Home Remittance Division offers following multiple modes of distribution of Remittances to beneficiaries in Pakistan i.e. COC (Cash over the Counter), RTGS, IBFT and RAAST.

Through Cash Pickup

Beneficiaries in Pakistan can collect their remittances from any branch of MCB Islamic Bank Limited. However, we request beneficiaries to provide their account/wallet details to their relatives living abroad to credit the amount in their respective accounts.

Direct Credit to Account

Our service ensures funds received from anywhere across the world are credited instantly to the beneficiary account maintained with MCB Islamic Bank Limited via STP (Straight Through Process).

Account Credit Transactions (RTGS/PRISM)

In case the beneficiary maintains account with any other bank/wallet operating in Pakistan. MCB Islamic Bank will transfer the funds instantly through RTGS/IBFT/RAAST; recipient will receive the funds quickly in real time with zero cost.

Issuance of Proceed Realization Certificate

After the Home Remittance transactions are processed upon request of customer – PRC can be issued by the customer through website portal services under (Service          PRC Generation/Verification) alternatively customer may contact the relevant branch to arrange PRC through home remittance team for the transaction processed under PRI.

Contact Details

24/7 Customer Support

Home Remittance Support Desk

Become an Agent of MCB Islamic Bank:

For becoming a MCB Islamic Bank agent, please feel free to contact us on following address:

Home Remittance Department: MCB Islamic Bank, Plot # 225-C, Al-Murtaza Commercial Lane # 4, Phase 8, Defence Housing Authority (DHA), Karachi – Pakistan

Tel No +92 21 37121764 | PABX 0092 21 34501045 Email: [email protected]

PASBAN Remittance Reward Scheme (PRRS)

PBA, in collaboration with participating banks and under the patronage of the State Bank of Pakistan (SBP), has introduced the PASBAN Remittance Rewards Scheme (PRRS), an industry-wide initiative designed to encourage overseas Pakistanis and their beneficiaries to continue using formal channels for sending and receiving home remittances.

The Scheme rewards the beneficiaries of home remittances received through formal banking channels. Every quarter, eligible beneficiaries whose accounts receive qualifying remittances are entered into a draw for cash prizes, without any fee, purchase, minimum balance or other consideration on their part, and without any effect on their entitlement to the remittance itself. The objective is to give overseas Pakistanis and their families in Pakistan a direct and visible reason to keep sending and receiving money through banks.

A dedicated Pasban Remittance Rewards Scheme webpage, covering the key features, Terms & Conditions and latest updates of the Scheme on the 1LINK website at www.1link.net.pk/pasbanrewards to provide the public with a central and easily accessible source of information.

Key Features:

• The scheme will cover eligible home remittance transactions only, and RDA transactions will not be included
• Participation in the scheme is completely free. No registration fee, purchase or payment is required.
• Home remittance transaction (CoC) received from branches are not eligible for participation in the Scheme.
• A beneficiary receiving home remittance transaction equivalent to USD 100 in any currency (eligible) or more each month for three consecutive months within a quarter into a bank account (including branchless banking wallets and microfinance bank accounts) will be eligible for participation in the scheme.
• Each further USD 100 earns more entries for higher-value remittances, with no upper limit. A beneficiary receiving higher-value remittances will receive additional entry numbers in proportion to the amount received.
• A total of 2,521 cash prizes, amounting to Rs 4 billion, will be awarded each quarter. A total of Rs 16 billion will be distributed annually to more than 10,000 lucky winners of the scheme.
  • First Prize:          01 prize of Rs 100 million
  • Second Prize:     20 prizes of Rs 25 million each
  • Third Prize:         100 prizes of Rs 10 million each
  • Fourth Prize:       2,400 prizes of Rs 1 million each
• Draws will be conducted quarterly, with the first draw scheduled for January 15, 2027, covering eligible remittances received from 01-Oct-2026 to 31-Dec-2026.