How to send money to Pakistan via Banks?

Zamaray Khan

Chief Minister (5k+ posts)
They need to sort out this cryptocurrency mess as well and maybe collaborate with exchanges like binance/gdax to place a system. I've had clients pay me in btc and I don't know what to do with it.

Myfriend Pakistanis Indians and Bangladeshis are still living in Stone Age. Do not expect that from them.All of them have banned cryptocurrencies exchange businesses while cryptocurrencies exchange businesses are legal in the developed countries like USA,U.K. Germany',France and Japan as long as you are paying taxes on your earnings.
 

Zamaray Khan

Chief Minister (5k+ posts)
I use UBL e-remit and I must say it's a great service especially if you are sending money your or your family's Pakistani UBL account.
 

Iconoclast

Chief Minister (5k+ posts)
Myfriend Pakistanis Indians and Bangladeshis are still living in Stone Age. Do not expect that from them.All of them have banned cryptocurrencies exchange businesses while cryptocurrencies exchange businesses are legal in the developed countries like USA,U.K. Germany',France and Japan as long as you are paying taxes on your earnings.
Wrote to Asad Umar a couple of times back in 2013 regarding setting up gov run miners in the northern areas of KPK where electricity is cheap, plenty and you won't need a gazillion air conditioning, we've got glaciers, let put em to use. Would have at least halved our debt by now.
People will jump on the crypto bandwagon if the gov regulates it and starts taking it seriously.
I could easily sell some of my btc here in Pak but I wouldn't be able to account for it so I'd rather not and let it sit.
Personally I don't care if it hits 20k or $2 as long as it attains some stability. I like the freedom and control.
 

Zamaray Khan

Chief Minister (5k+ posts)
Wrote to Asad Umar a couple of times back in 2013 regarding setting up gov run miners in the northern areas of KPK where electricity is cheap, plenty and you won't need a gazillion air conditioning, we've got glaciers, let put em to use. Would have at least halved our debt by now.
People will jump on the crypto bandwagon if the gov regulates it and starts taking it seriously.
I could easily sell some of my btc here in Pak but I wouldn't be able to account for it so I'd rather not and let it sit.
Personally I don't care if it hits 20k or $2 as long as it attains some stability. I like the freedom and control.

Well done.You seem someone who knows a lot about crypto world. I guess this is the right time to send him an e mail again regarding the suggestion of Govt Run Crypto Minining. It's a great idea. It would help Pakistan a lot to get financial freedom especially from IMF.It will not only help in the furure but even in the present as well.

Asad Umer should contact few leading mining projects and few cryto specialists like Max Keiser and Marius or even John Mcafee to have meetings about taking financial advantage through cryptocurrenices over developed countries,it would benefit Pakistan immensely.

One thing is for sure soon or later crypto especially bitcoin is going to take over no matter how hard capitalists and fraudsters banks try to stop it.
 

Iconoclast

Chief Minister (5k+ posts)
Well done.You seem someone who knows a lot about crypto world. I guess this is the right time to send him an e mail again regarding the suggestion of Govt Run Crypto Minining. It's a great idea. It would help Pakistan a lot to get financial freedom especially from IMF.It will not only help in the furure but even in the present as well.

Asad Umer should contact few leading mining projects and few cryto specialists like Max Keiser and Marius or even John Mcafee to have meetings about taking financial advantage through cryptocurrenices over developed countries,it would benefit Pakistan immensely.

One thing is for sure soon or later crypto especially bitcoin is going to take over no matter how hard capitalists and fraudsters banks try to stop it.
Why not? Since I'm here now anyways. I'll have to revisit my numbers though to get an updated ROI estimate. I wouldn't trust John Mcafee though he's just an idiot with a loud mouth and huge stash of dough.
I agree, crypto is the future. Just let the shitty altcoins die out.
 

Zamaray Khan

Chief Minister (5k+ posts)
Why not? Since I'm here now anyways. I'll have to revisit my numbers though to get an updated ROI estimate. I wouldn't trust John Mcafee though he's just an idiot with a loud mouth and huge stash of dough.
I agree, crypto is the future. Just let the shitty altcoins die out.

I agree John has a big mouth but he knows lots of technical aspects,potential and the future forecast for the bitcoin
If you are in pak currently then,yes why not go for it. Try to reach out to Asad. I will try as well by using my sources to get to Asad Umer and give him suggestion regarding Bitcoin mining and telling him to allow Bitcoin trade through exchange companies in pak which can earn govt huge taxes.


By the way do you know any bitcoin exchange company in pak who is buying and selling bitcoin even after the banned from state bank,as far as I know Urdubit bitcoin exchange company is still not functional in pak after the banned on crypto.
 

Iconoclast

Chief Minister (5k+ posts)
I agree John has a big mouth but he knows lots of technical aspects,potential and the future forecast for the bitcoin
If you are in pak currently then,yes why not go for it. Try to reach out to Asad. I will try as well by using my sources to get to Asad Umer and give him suggestion regarding Bitcoin mining and telling him to allow Bitcoin trade through exchange companies in pak which can earn govt huge taxes.


By the way do you know any bitcoin exchange company in pak who is buying and selling bitcoin even after the banned from state bank,as far as I know Urdubit bitcoin exchange company is still not functional in pak after the banned on crypto.
I don't think I do..... I used Paxful a couple of time and I know a few guys in Islamabad. I send my btc to one of them (never more than 400 usd) and he pays me in cash. There is localbitcoins.com. Just keep it small, the amount you want to convert to fiat. For large sums, I convert it on gdax and transfer it to my US account. Usually takes around 6 to 8 days which sucks camel balls.
 

Zamaray Khan

Chief Minister (5k+ posts)
I don't think I do..... I used Paxful a couple of time and I know a few guys in Islamabad. I send my btc to one of them (never more than 400 usd) and he pays me in cash. There is localbitcoins.com. Just keep it small, the amount you want to convert to fiat. For large sums, I convert it on gdax and transfer it to my US account. Usually takes around 6 to 8 days which sucks camel balls.

Oh ok that's cool. Yeah gdax is a bit of pain but they convert in pounds quite quick,max 1 day.