Business payments to Pakistan

How to make business payments to Pakistan

If you’re a small business owner or entrepreneur looking for overseas freelancers, Pakistan is home to millions of skilled professionals. From programmers to translators, hiring a freelancer there is usually a more affordable alternative to finding someone locally. 

The same is true for Pakistani goods. In 2020 alone, Pakistani exports totalled a historic high of over $25 billion. The products most responsible for this impressive number include: 

  • Textiles. 
  • Pharmaceuticals.
  • Rice.
  • Leather.
  • Plastics.

As the demand for goods and services increases, so does the need for reliable payments services to Pakistan. Thankfully, Azimo Business ticks all boxes. 

Want to know how Azimo Business works? No worries. Our handy guide will tell you more, including how to register and check exchange rates.   

1. Pay a low fee on business transfers to Pakistan

Fees are just one part of a money transfer. Low or zero fees combined with a fair exchange rate usually means you’re getting a great deal. You can always expect a low, transparent fee and fair exchange rate on business payments to Pakistan. What’s more, you can:

  • Save up to 75% compared to banks and other providers

If you send at least one payment per month, your business can save around £1,000 per year.

  • Make speedy business transfers

Send instant or one-hour transfers to suppliers in over 80 countries, including Pakistan.

  • Send payments from your office or on the move 

Our award-winning app and website let you transfer money from the palm of your hand.

*SWIFT and some bank transfers can take between two and 24 hours.

Hire the best talent for your projects with our guide to finding freelancers overseas. Get tips on joining freelance communities, making direct approaches, using search engines and more.

2. Get a business exchange rate alert for Pakistani rupees

How to make business payments to Pakistan

About to make a large international business payment? Register with Azimo’s business exchange rate alert and get the rate you want.  

For instance, if you’re making a large business purchase, you can choose your preferred exchange rate. So, whenever the rate reaches this point, you’ll get an alert. That way, you can save time and get more Pakistani rupees for your money. 

After that, you can simply register with Azimo Business or log in to your account to proceed with your transfer.

Looking for advice on paying overseas freelancers? Our guide to paying freelancers will help. Learn how to agree on Ts&Cs, use freelance platforms and more.   

3. Use a price comparison tool

Imagine if you could compare the real costs of sending business payments to Pakistan. Well, you can with the Azimo Business price comparison page. You’ll see how leading banks and other providers compare in terms of transfer fees, exchange rates and commission, i.e. the actual price you’ll pay. Often, you’ll find that banks and traditional providers use low fees to mask poor exchange rates and sky-high commissions.

Top tip: With many companies in Pakistan operating reduced hours during Ramadan, you should adjust your business plans accordingly. 

4. Choose from a range of currencies and delivery options

When you send payments to Pakistan with Azimo Business, you can do so via bank transfer, cash pick-up or SWIFT. Even better, you can send and convert over 60 currencies to euros, US dollars or Pakistani rupees. 

Before setting up your transfer, you’ll need your recipient’s:

  • Company name.
  • Registered company address.
  • Bank account IBAN (SWIFT and bank transfers only).
  • Mobile phone number.

In the case of cash pick-ups, your recipient will need to be a Pakistani citizen. For more general information about sending corporate payments, visit our guide to your first Azimo Business transfer.