FX Services for Travel, Education and Medical Abroad

Release of Foreign Exchange for Travel abroad is permissible and provided at all MCBIBL Branches authorized to deal in Foreign Exchange in terms of Chapter XVII of FE Manual. Following are the basic outline of the services available to general public subject to fulfillment of requirements as per FE Manual.

  • Travel to countries other than Afghanistan by Pakistan Nationals residing in Pakistan
  • Travel by non-resident Pakistan nationals
  • Travel to Afghanistan
  • Release of Foreign Exchange by Authorized Dealers for foreign travel
  • Sale of foreign exchange to Pakistan nationals resident in Pakistan for travel to India and Bangladesh.
  • Private travel by Government Servants, employees of Semi-Government Institutions/autonomous bodies and nationalized/taken over institutions/banks
  • Travel by journalists/participation in international conferences/ seminars/ games/ meetings and sports events etc., in private capacity
  • Sale of foreign exchange for Professional Training
  • Foreign exchange for Tabligh
  • Foreign exchange for Medical Treatment abroad
  • Release of Exchange for Miscellaneous purposes
  • Exchange Quota to Government/Semi-Government Employees going on Delegations, Duty, Posting, Leave, Retirement and Training
  • Migration
  • Business Travel Abroad
  • Release of Exchange to Pakistani exporters for participation in International Trade Fairs /Exhibitions in Private Capacity
  • Business Travel abroad with the approval of State Bank
  • Foreign Exchange facilities for studies abroad
  • Exchange for Hajj