Meezan Bank launches FCY debit card for exporters, freelancers

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	154,292.26 213.82M	2.85% 4276.09
ALLSHR	92,658.58 393.53M	2.77% 2494.23
KSE30	46,904.87 134.91M	3.12% 1418.41
KMI30	221,684.42 82.94M	3.18% 6829.77
KMIALLSHR	60,187.46 166.61M	3.32% 1934.26
BKTi	42,971.02 70.64M	2.76% 1155.99
OGTi	32,492.05 13.03M	5.29% 1631.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,725.00	74,895.00 70,935.00	-2960.00 -3.96%
BRENT CRUDE	106.88	109.95 100.34	3.46 3.35%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-11.95 -10.73%
ROTTERDAM COAL MONTHLY	121.50	121.50 120.85	-0.15 -0.12%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	95.61	98.67 91.45	0.08 0.08%
SUGAR #11 WORLD	14.82	14.84 14.35	0.37 2.56%