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SBP Revised Cash Carrying Limit to $5,000 per Visit for Traveling Abroad

admin-augaf by admin-augaf
November 8, 2022
in Business, Finance, National, News
Reading Time: 1 min read
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SBP Revised Cash Carrying Limit to $5,000 per Visit for Traveling Abroad

SBP Revised Cash Carrying Limit to $5,000 per Visit for Traveling Abroad

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Karachi November 8 2022: State Bank of Pakistan restrict individuals to carry an amount of up to USD 5,000 of foreign currency per visit while traveling from Pakistan to other countries.

State Bank of Pakistan (SBP) has reviewed the existing foreign currency cash carrying limits for travel purposes, and decided to further rationalize the same. As per the revised limits individuals with age 18 years and above (adults) can now take out of Pakistan foreign currency (FCY) equivalent to USD5,000 per visit, while those below the age of 18 years (minors) can carry out foreign currency equivalent to USD2,500 per visit. Further, the annual ceiling to take out foreign currency for adults and minors shall be USD30,000 and USD15,000, respectively.

Per visit limits will be applicable immediately, while the annual limits will be applicable from January 1, 2023.

However, while traveling to Afghanistan the limit of foreign currency is still USD 1,000 per visit and the annual ceiling to take out foreign currency shall be USD 6,000.

Source: SBP

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Tags: dollarforeign CurrencyregulationSBPTravelling
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