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HBL, ABL
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SCB does not asks for that document
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Abuzer Firdousi but scb does not open dollar account for freelancer
Yes, the question was for remittances in PKR account, most of the bank have a SOP to get a form signed on each remittances. It is a bit hard for freelancers to get account opened. I have heard that this government is working on this issue. HBL have some lenient rules.
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You can open Aasan account in any bank without income proof. Max transaction limit is 500,000 per month.
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Asaan account only cater to PKR
Farhan Badr yes your remittances will be converted into PKR and will be credited by bank into your account.
A banker told me that Asaan account (perhaps eq Basic Banking Acc) is more prone to be checked for proof in case of remittances.
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Ask any of your cousin to send you ABL by name transaction. With that you can open remittance account and on that account you can claim fbr income tax as well. Plus that account give you much facilities free. Once it is open than you dont need by name transactions. You just need to give your IBAn to client or put in the payment system.
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I already have an Allied Current account in Islamic branch for salary. Will using that for USD remittance be feasible like you mentioned?
Do freelancers file income tax?
Yasir Mahmood no this account can only open from foreign by name remittance. And yes for source of income you need to file a tax when purchase car or property. So for that you should be valid NTN.. And on foreign income there is no tax you need to attach statement of this account when filing.
Fine. You mean foreign income isn't subject to tax in Pakistan but we should declare it in tax returns to be a filer?
By name remittance will be held safely until account is opened?
Yasir Mahmood yes but that by name shoulf be done by saying at foreign at time of deposit that make on Yasir Mahmood name via Allied bank remit
So when you go to collect in ABL you say to them i want to open this account. And next time you will receive payment direct by getting IBAN
Thanks!
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Transferwise
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Good option
 
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