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Frequently Asked Questions
Why choose Ravi Exchange?
At Ravi Exchange we offer efficient and priority services, also at best rates and minimum fees. Our highly professional and skilled staff offer you best services to satisfy your demand in a secure environment.
Currency Exchange
What does Currency Exchange mean?
The currency exchange is a licensed business that allows customers to exchange one currency for another, for example swap the U.S. dollar for the PKR through authorized currency exchange dealers in the market.
Why do currency exchange rates fluctuate?
Exchange rates fluctuate based on supply and demand as well as Regulatory intervention in case of need.
Foreign Telegraphic Transfer
What is Foreign Telegraphic Transfer?
A Foreign Telegraphic Transfer (FTT) is an electronic mode of transferring funds used primarily for overseas wire payments for credit directly into the bank account only.
How long it takes the beneficiary receives funds?
Generally it takes 2-3 working days to receive funds.
What purposes are allowed for Telegraphic Transfer?
You can transfer your funds Abroad through Telegraphic Transfer for the following purposes:
- University Fee
- Family Maintenance and Living cost
- Medical Treatment


Home Remittances (Receive & Send Money Abroad)
Does Ravi Exchange offers Western Union, MoneyGram or RIA services?
Yes, Ravi Exchange provides money transfer services that includes receive and send and money originated through Western Union, MoneyGram, and RIA channels.
Can I track the status of my money transfer?
Yes, you can track your payments status by using below mentioned links:
Western Union Payment:
https://www.westernunion.com/ca/en/web/global-service/track-transfer
MoneyGram Payment:
https://moneygram.pk/track-a-transfer
RIA Payment:
What should I do if the person to whom I transferred money is having trouble in picking up the transaction?
If someone is having difficulty in picking up cash, our Customer Relationship Department will guide him/her to contact respective MTO over phone call, explain the issue and they will assist quickly in resolving the issue.
Can I change name of the beneficiary after booking an outward money transfer?
Yes, you can change the beneficiary's name in case of outbound transaction from the sending location, if sent through Western Union, MoneyGram.
Does the beneficiary receive full payment or charges applied?
The beneficiary will only receive the specified amount on the receipts for inbound transactions. Charges will apply only for the outward transactions, which the sender will pay.
Branchless Banking
Does Ravi Exchange offers Branchless Banking?
Yes, Ravi Exchange also provides customers with branchless banking services.