Product

Currency Exchange

Ravi Exchange offers state of the art services to exchange major foreign currencies at our branches across Pakistan. Our currency exchange rates are always competitive and considered best in the market. We provide efficient services to banks, executive clients, and other customers needing to exchange money. As the largest and number ONE exchange company of the country; our experienced and dedicated staff is available to providing you prompt and personalized services with professional excellency.

Requirements for Purchase of Foreign Currencies

  • Purchase of foreign currency from/to individuals as per published rates.
  • Original and valid CNIC/NICOP/POC is required for identity and verification.
  • Passport with valid visa is required for identity in case of a foreigner / travelers.
Currency Exchange
  • For all foreign currency purchase transactions equivalent to USD 500/- or above company will retain copies of identification documents i.e., CNIC/NICOP/POC.
  • In case of a Foreigner, Passport (having valid visa or any other proof of legal stay in Pakistan).

Note: Additional information if any required.

Requirements for Sale of Foreign Currencies

  • Sell foreign currency from / to individuals as per published rates.
  • For all foreign currency sale transactions equivalent to USD 500/- or above company will retain copies of identification documents i.e., CNIC/NICOP/POC.
  • Passport (having valid visa or any other proof of legal stay of a foreigner in Pakistan).
  • Company shall carry out biometric verification of Pakistani Nationals for all such transactions. Company will also obtain supporting documents related to the purpose (as stated by the customer) of FCY sale transactions exceeding USD 1,000 or equivalent in other currencies.
  • All sale transaction of USD 2,000/- or above (or equivalent in other currencies) the customer will conduct the transaction through his/her bank account instead cash payment.
  • Company may sell foreign currency to individuals while ensuring the following limits:
    • Maximum limit per person per day for buying foreign currency (in the form of cash or outward remittance) is USD 10,000 or equivalent in other foreign currencies.
    • Maximum limit per person per calendar year for buying foreign currency (in the form of cash or outward remittance) is USD 100,000 or equivalent in other foreign currencies.

For this purpose, the Company shall obtain an undertaking from individual customer at  the time of each sale transaction exceeding USD 1,000/- (or equivalent in other currencies) that he/she has not already reached the limit of USD 100,000/- per calendar year or USD 10,000/- per day and these limits will not be breached after the current transaction.