Meezan Bank launches FCY debit card for exporters, freelancers

News Image

MG News | February 03, 2025 at 10:34 AM GMT+05:00

0:00

February 03, 2025 (MLN): Meezan Bank Limited (PSX: MEBL) has launched its Foreign Currency (FCY) debit card for Pakistani exporters and freelancers who hold an Exporters’ Special Foreign Currency Account (ESFCA) with the Bank.

Powered by Mastercard, the FCY debit card is accepted worldwide and simplifies international payments, making it easier to manage business transactions abroad as well as make payments at retail outlets worldwide.

Exporters and freelancers can now access their ESFCA account to make all types of payments as allowed by the State Bank of Pakistan (SBP), without the need for prior approval from SBP, according to the press release issued today.

The new FCY debit card also allows customers to withdraw cash from Mastercard ATMs worldwide, track their spending in real time, and easily make cross-border payments.

Additionally, the card is equipped with 3D secure technology, adding an extra layer of protection for e-commerce transactions.

For added convenience, the card is also NFC-enabled, allowing contactless payments at retail outlets worldwide.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,104.41
306.07M
-0.29%
-398.13
ALLSHR 84,640.34
871.11M
-0.52%
-439.57
KSE30 41,426.54
100.69M
-0.30%
-126.09
KMI30 191,146.58
82.03M
-1.13%
-2184.18
KMIALLSHR 55,778.05
419.39M
-0.95%
-537.26
BKTi 38,551.69
45.60M
0.14%
53.61
OGTi 27,784.00
6.83M
-1.26%
-354.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,205.00 120,695.00
116,660.00
-3030.00
-2.52%
BRENT CRUDE 68.85 69.37
68.60
-0.36
-0.52%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 0.00
0.00
-0.05
-0.05%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.49 67.09
66.27
-0.49
-0.73%
SUGAR #11 WORLD 16.42 16.44
16.25
0.12
0.74%

Chart of the Day


Latest News
July 15, 2025 at 03:14 PM GMT+05:00

EU faces 30% tariffs as Trump issues ultimatum


July 15, 2025 at 02:33 PM GMT+05:00

PACRA maintains entity ratings of Pak Elektron Ltd


July 15, 2025 at 02:11 PM GMT+05:00

Bank deposits increase 8.5% to Rs35.5tr in Jun


July 15, 2025 at 01:01 PM GMT+05:00

Zarea Board approves UAE subsidiary incorporation



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg