🇪🇺→🇵🇰
Send Money from European Union to Pakistan
Businesses in European Union paying Pakistan suppliers for Textiles. Send EUR from European Union, receive PKR in Pakistan with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local EUR collection + local PKR delivery = no correspondent bank fees
Save £2,517 per £100k Payment
European Union to Pakistan corridor savings
Traditional Bank
£3,022
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local EUR collection
- ✓ Transparent 0.5% spread
- ✓ Raast
Your Savings
83%
£2,517 per £100k
At £300k-£3M monthly, save £6,299/year
Sending from European Union: What You Need to Know
EUR Origin Specifics
- EUR single currency for 20 countries
- SEPA instant payment network
- GDPR compliance required
Your Local Advantages
- Local EUR account available
- SEPA (Single Euro Payments Area) instant collection
- No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.
Paying Suppliers in Pakistan: Compliance & Requirements
Regulatory Considerations
- State Bank of Pakistan FX regulations
- Pakistan Customs documentation
- Sales Tax (17%) on goods
- SECP oversight for corporate transactions
Payment Best Practices
- Pakistan = Textile exporter (2nd largest globally), surgical instruments
- Raast modernizing payment infrastructure
- Karachi + Lahore + Faisalabad = Manufacturing hubs
- Competitive pricing - strong for textiles/garments
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Raast
European Union → Pakistan Corridor Insights
Popular Industries
- Textiles
- Leather
- Surgical Instruments
Peak Trading Hours
CET (GMT+1) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send EUR from European Union to Pakistan?
Save 83% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB