The ultimate guide to sending money to Pakistan securely
For Pakistanis living abroad, choosing the right money transfer service is essential for securing peace of mind and managing the budget wisely. Read on to compare the ways of sending money to Pakistan and get a step-by-step guide on how to transfer money to Pakistan.
Methods overview
The most common options for sending money to Pakistan are bank transfers, cryptocurrency, and online money transfer services. To decide the best way to send money to Pakistan, we shall briefly compare the available alternatives.
Bank transfers
The traditional way to send money to Pakistan. If you have already opened a local bank account, you should be able to transfer money to Pakistan using the bank app or at the office.
The pros of the bank transfers are:
1) Safety. Official financial institutions pay special attention to the security of your data and funds. There are fewer chances of becoming a victim of fraud when you send money to Pakistan via bank transfer.
2) Global reach. Bank transfers are convenient because banks have an extensive network that allows them to offer seamless transfers worldwide. You can send money to Pakistan and many other destinations.
The cons of the bank transfers are:
1) Costs. The best money transfer to Pakistan should have low fees and great exchange rates. This is often not the case with bank transfers. Financial institutions typically impose high transaction fees, which can significantly reduce the amount your recipient receives. As a result, a substantial portion of your transfer may be lost to fees rather than reaching its intended destination when you send money to Pakistan.
2) Speed. Bank transfers may take days or weeks to arrive at your recipient’s account. This is bearable for daily transfers but may be insufficient in an emergency. If you cannot wait, it would be wise to use other international money transfer services and avoid banks.
Cryptocurrency
The most recent way to transfer money to Pakistan is via cryptocurrency. The topic of cryptocurrency is controversial, as are the overseas crypto transfers.
Among the advantages we should mention:
1) Costs. As there are no third parties when you send money to Pakistan through the crypto services, one will avoid paying fees. This significantly reduces the total price of the transfer.
2) Speed. Once you understand how to use cryptocurrency services, the transfer speed will be a pleasant surprise. Since everything is done online, this is one of the best ways to send money to Pakistan fast and comfortably.
However, crypto transfers may not be for everyone, as they have very specific disadvantages:
1) Complicated process. Cryptocurrency services are unique and can take time to understand fully. If you're not prepared to research, seek advice from friends and professionals, or watch countless YouTube tutorials, then opting for another money transfer service might be a better choice.
2) Security. Even though crypto services are positioning themselves as safe, the market is shady and not entirely under control yet. When you transfer money to Pakistan with cryptocurrency, be careful and analyse what is going on to avoid losing money.
Online international money transfer services
Online international money transfer services are the most balanced way to send money to Pakistan. They offer speed, security, and convenience at once. Profee, one of such money transfer services, ensures that its customers have a stress-free experience when they send money to Pakistan.
Profee is a rapidly expanding fintech company specialising in secure, seamless, and fully compliant international money transfers to over 90 countries.
Since its launch in 2017, it has built a strong reputation as a trusted and reliable provider, boasting an impressive 137% year-on-year growth in turnover. The platform now serves 800,000 customers, with 10,000 new clients joining weekly.
The service is recognised by industry experts: Acquisition International’s Global Excellence Awards named Profee the Best International Money Transfer Solution of 2024.
With top-tier security certifications, the company is committed to providing safe, efficient, and cost-effective transfers, making it the go-to choice for EU-based expats sending money worldwide.
What Profee has to offer:
Profee is acknowledged as one of the best ways to send money to Pakistan because it has an appealing offer, which includes:
Special terms for the first transfer
Once you transfer money to Pakistan for the first time with Profee, you will get 0% fees and the promo exchange rate to make the start smooth and pleasant.
Cost-effective solution
After your first try, Profee will keep the fees low. Additionally, the money transfer service’s monitoring system will update the exchange rates to provide you with the most beneficial transfers.
Various transfer methods are available
Every expat knows that flexibility is the key when moving abroad. Therefore, having several options to transfer money to Pakistan sounds appealing. Using Profee, you can send money to JazzCash, Easypaisa, bank cards, and bank accounts. Choose what is more comfortable for you for the best money transfer to Pakistan.
Speed
Unlike bank transfers, Profee ones will arrive instantly at JazzCash, Easypaisa and bank cards. Finishing your transfer in minutes during the coffee break or while walking in a park feels excellent.
International money transfer services provide their clients with the comfort of the modern era when phone and internet access are enough to complete an important task without extra stress.
Safety
Unlike cryptocurrency, Profee is a transparent service. It operates officially, has a licence and is trusted by thousands of expats worldwide. The service is rated 4.4/5 on Trustpilot, as clients are satisfied with the level of security of their data and funds.
Convenience
The best way to send money to Pakistan should be easy, even for grandmas and grandpas. Profee ensures that the senders will face no challenges while navigating the app or the website. A client-friendly interface will guide you through the money transfer process, so you will have no issues sending money back home.
As for the recipients, their task is even more straightforward. Depending on the transfer method, the receivers should provide you with their details and wait for the funds to arrive at their account.
You don’t need to coordinate schedules or find a perfect time for both parties to discuss transfer details. You can send money anytime, and the recipient can receive it without any disruption to their daily routine.
To clarify the process, we will share a step-by-step guide on sending money to Pakistan.
How to send money to Pakistan
Step 1: Join Profee
Make your first step towards a comfortable and beneficial transfer by registering at Profee. You can do it on their official website, profee.com, or download the service's app.
The registration process is quick. You will be asked to provide some personal details, like a full name and a phone number, to verify your identity.
Step 2: Set the transfer settings
After becoming a Profee client, select your current country and Pakistan as destination countries. Next, insert the total transfer amount. You can do it in the currency of your current location (for example, euros) or Pakistani rupees. The Profee calculator will automatically convert the currency, showing the final amount to be sent and received.
Step 3: Select your preferred payment method
To transfer money to Pakistan, select how you would like to pay and to which account type the funds should be sent. You can change your method later, so choose the one that is best for you now without worrying about the future.
Step 4: Enter recipient details
Profee will ask for the necessary recipient details depending on your chosen transfer method. If you plan to send money to the same person again, you can save their details in the app for added convenience.
Step 5: Review and send
Before finalising, double-check all the transfer details and confirm the transaction. Your money will come in minutes, giving you peace of mind that your funds have been securely sent to Pakistan.
Send and earn
After joining Profee, you take advantage of its referral programme and start earning by inviting friends. If you think that Profee offers one of the best money transfers to Pakistan, share your referral link with friends who also need to send money abroad. Once they meet all the requirements, you will receive a reward of EUR 25, and your invitee will get EUR 10.
For convenient, beneficial and time-saving transfers, visit profee.com.