Do you have relatives living overseas? Is your child studying in another country? Today, sending money from Pakistan abroad can be needed for multiple reasons, such as supporting your child or family member. Choosing the right transfer service can make the process much easier and less stressful. Imagine you often send money from Pakistan to other countries. Each time, you want it to be fast and accurate with reasonable fees and a fair exchange rate. But sometimes, one of these things might not happen. That’s why it is important to pick the best option for sending money abroad from Pakistan. Today, the cost of sending money globally has been falling over the years and is predicted to continue to fall. To help you guys, our Tashheer research team made a list of the best 5 ways to send money to foreign countries from Pakistan. So, make sure you read the whole article and find the answers you are looking for. Additionally, if you want to learn more about banks in Pakistan facilitating international transactions then read our blog Elevate Your International Transactions with These Top 6 Banks in Pakistan.

5 Easy Ways to Send Money Outside Pakistan

In this research article, our Tashheer’s research team compiled a list of the top 5 sources that send money outside Pakistan, listed as:

Local Bank (For Medical & Educational Payments)
Western Union
Local Bank (For Medical & Educational Payments)

A local bank transfer means sending money electronically between two bank accounts in the same country or area. It can also involve depositing money into a bank account in another country known as an international ACH or Global ACH. Sending money through banks is the preferred method. But, in Pakistan, only a few banks offer foreign transfer services due to worries about things like money laundering. If you want to send money abroad through banks, you have to open a dollar account with banks like Standard Chartered, HBL, MCB, etc. Opening a dollar account is not straightforward, so our team recommends you get professional advice by contacting your banker.

Habib Bank Limited (HBL), United Bank Limited (UBL), and Meezan Bank Limited (MBL) and National Bank of Pakistan (NBP) offer international payment services through their branches and Pakistan Post Offices in collaboration with NBP.

Higher Fees

Banks may charge transfer fees and foreign exchange markup. Be sure to compare rates and fees between banks before choosing one.

Required Documentation

You may need to provide documentation to support the purpose of your transfer, such as medical bills or school invoices.

Processing Time

Bank transfers can take several business days to complete.

MoneyGram International, Inc. is an international company headquartered in Dallas, Texas, that helps people send peer-to-peer payment and money within the U.S. and around the world. They have a main office in Dallas and another center in St. Louis Park, Minnesota, along with offices in different places globally. On June 1, 2023, Madison Dearborn Partners bought MoneyGram. MoneyGram works in over 200 countries and territories and has around 347,000 agent offices worldwide. It is fast and reliable service and you can send money anywhere in the world with Money Gram. Pakistani residents can utilize MoneyGram to send and receive money internationally. Presently, sending money abroad directly from Pakistan is only possible through physical visits to authorized MoneyGram agents.

Google rating (5.0)
AddressHassan Mansion, Block 7 ST/6/C/1 Shahrah-e-Pakistan, Federal B Area Block 7 Gulberg Town, Karachi, Sindh, Pakistan
Phone(021) 36373782
Area servedWorldwide
OwnerMadison Dearborn Partners (2023–present)

To send money through MoneyGram, follow these steps:

Find a MoneyGram agent near you
Bring these items when you visit the agent
Government-issued photo ID (like CNIC, NICOP, or Passport)
Recipient’s full name and address
The amount you want to send
If sending to a bank account, provide the receiver’s bank details.
For a mobile wallet transfer, give the receiver’s mobile number with the regional code.
Fill out the send form with all the information
Hand the amount, including transaction fees, to the agent
Get the receipt from the agent and share the 8-digit reference number with the receiver
The receiver can pick up the funds at the nearest MoneyGram agent by providing the reference number and a government-issued photo ID.

Xoom Corporation (also known as Xoom, a PayPal Service) is an electronic money transfer and payment provider in Pakistan. It was launched in 2001 and is based in San Francisco, California, United States. In June 2010, a study by the Inter-American Dialogue which looked at 79 payment service providers, found that Xoom had the highest customer satisfaction ratings. Xoom allows you to send money from several countries to recipients in various locations including countries outside Pakistan. Xoom currently supports sending money if you reside in the US, Canada, the UK, and most European Economic Area countries. Sending limits apply based on your account verification and transaction history. Xoom charges fees for money transfers which vary depending on the amount sent, destination country, and chosen payment method. Xoom is part of the PayPal family now. it provides easy and secure method to send money, reload phones and pay bills for your family and friends worldwide.

See more: How Pakistan is Pioneering Digital Payments in South Asia

Google rating (4.8)
ParentPayPal, Inc.
HeadquartersSan Francisco, California, U.S.
  • Mobile App: Use the app to initiate and manage transfers.
  • Website: Send money directly through Xoom’s website.

Xoom provides various receiving methods based on the recipient’s location:

  • Bank Deposit: Directly deposit funds into the recipient’s bank account.
  • Cash Pickup: Collect money in the recipient’s local currency at a designated agent location.

Wise (previously known as TransferWise) is a UK-based foreign exchange financial technology company founded by Estonian businessmen Taavet Hinrikus and Kristo Käärmann in January 2011. Wise specializes in cross-border payment transfers. As of 2023, it offers three main products: Wise Account, Wise Business, and Wise Platform. By using wise, you can send money to 70+ countries which is free from hidden fees and exchange rate markups. They have partnered with companies like Monzo, Bolt, and GoCardless to deliver their customers better international banking. Millions of businesses and people trust them to move their money, saving bank fees and time. With the Wise account, they hold balances in over 52 currencies and you can use your debit card to shop and spend while abroad. Wise is used by 16 million people and businesses worldwide. It handles £9 billion in cross-border transactions each month, saving customers about £1.5 billion annually.

Google rating (4.2)
Main OfficesTallinn, London, Budapest, Singapore, Austin
Revenue£846 million (last updated)
Area ServedWorldwide
ChairmanTaavet Hinrikus

To send money through Wise, you can follow these steps:

Visit or download the Wise app to create an account.
Initiate a transfer by clicking “Send Money” on the homepage.
Enter the amount and recipient’s currency.
Enter the recipient’s details, including full name and bank account information.
Select your payment method
Complete any verification steps requested by Wise.
Review Wise’s upfront display of exchange rates, fees, and delivery time.
Thoroughly review all details before confirming the transfer
Western Union

Western Union is an American multinational company based in Denver, Colorado. Started in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the company later became the Western Union Telegraph Company in 1856 through a merger with other telegraph companies. Since 2001, the Western Union Foundation has spent over $140 million in 200 geographies, helping millions of people globally. When you want to quickly send money, trust Western Union Money Transfer Service. It is a simple, dependable, and convenient method for sending up to $3000.00 per person per day. With over 500,000 agent locations globally, it is the safest and easiest way to send money anywhere in the world from Pakistan. Overseas Pakistanis can send money back home by using Western Union. Additionally, residents of Pakistan can also use Western Union to send money abroad, but up to a certain amount.

Google rating (4.0)
Pakistan Head OfficeB-10 Main University Rd, Gulshan 13-B Block 13 B Gulshan-e-Iqbal, Karachi, Sindh
Phone(021) 34977411
Area ServedWorldwide
ChairmanJeffrey A. Joerres

To send money through Western Union, follow these steps:

Visit the nearest Western Union agent
Inform the agent about your intention to send money abroad
Provide the following details to the agent:
Your full name as on your CNIC
Original and valid government-issued photocopy of your CNIC, NICOP, or Passport
Your occupation
Receiver’s full name
Receiver’s address (if applicable)
Your relationship with the receiver
Receiver’s bank account details (if sending to a bank account)
Recipient’s full name and address
Purpose of the transaction
The amount you want to send
If sending to a bank account, provide the receiver’s bank details.
Hand over the intended amount for transfer to the agent.
The agent will provide you with the terms & conditions and disclaimers for your review.
After signing and reviewing the disclaimer, the agent will give you a receipt stamped and signed for your records.
Company NameFounded DateFounderHeadquarters
Local BankVary as per bankVary as per bankPakistan
MoneyGram1998W. Alexander HolmesDallas, Texas, United States
Xoom01 March 2001Kevin HartzSan Francisco, California, United States
WiseJanuary 2011Kristo Käärmann, Taavet HinrikusLondon, United Kingdom
Western Union8 April 1851Ezra Cornell, Jeptha Wade, Hiram Sibley, Samuel L. SeldenDenver, Colorado, United States
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UNESCO data reveals that the number of students from Pakistan studying abroad has increased consistently over the last ten years. In 2013, nearly 40,000 students were studying abroad and by 2023, this number had grown to 64,604. Sending money to your child, or your family member from Pakistan to overseas can be challenging because many companies are offering international money transfer services. Sending money internationally for purposes like medical bills and educational expenses requires a reliable and efficient source. To help save your precious time and hardly earned money, our Tashheer research team complied a list of top 5 methods to send money abroad from Pakistan. 

About the Author: Alishba

Alishba Zaheer is the lead content writer at Tashheer Digital and has a genuine passion for storytelling. With her team of skillful content writers, her expertise lies in the ability to seamlessly adapt writing style to various niches, checking new trends in Tech, especially in Pakistan. She stays ahead of the curve and maintains her dedication to writing excellence. Among other things, she has been instrumental in researching local brands, Pakistani products, and services, providing benchmark articles for Pakistani audiences.