Wire transfer is the fastest mode of receiving money in your Bank Al Habib Limited (Pakistan) account from abroad. You can receive money into your Bank Al Habib Limited account from a foreign country via International wire transfer. The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to Bank Al Habib

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in Pakistan) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer – this is sometimes referred to as correspondent banking.

Incoming International Wire Transfer Instructions

To receive international wire transfer in your Bank Al Habib Limited account, please provide the following wire instructions to the sending financial institution:

Bank Name:	Bank Al Habib Limited
SWIFT BIC Code for Bank Al Habib:	BAHLPKKAXXX
Bank Address:	Mackinnons Building, 74000 Karachi, Pakistan
Beneficiary Account Number:	Your complete Bank Al Habib Limited account number (including leading zeros, if any)
Beneficiary Name:	The full name of your account as it appears on your statement
Beneficiary Address:	Your complete address

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Outgoing International Wire Transfer Instructions

To send international wire transfer from your Bank Al Habib Limited account, You need to know the following information about the person or company receiving the money:

1. The recipient’s account name and address
2. The recipient’s IBAN or account number
3. The name and address of recipient’s bank – including the BIC (Business Identifier Code) / SWIFT code / clearing code

Incoming Wire Transfer Fees for Bank Al Habib Pakistan

International Incoming Wire Transfer Fees for Bank Al Habib is as follows:

Payment type	Cost
Incoming Wire transfer Fees	Rs. 800 per transaction

Outgoing Wire Transfer Fees for Bank Al Habib Pakistan

International Outgoing Wire Transfer Fees for Bank Al Habib is as follows:

Payment type	Cost
Outgoing Wire transfer Fees	Fees may vary depending on the conditions of your account, the country of destination and the chosen currency.

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Wire Transfer Cutoff Time for Bank Al Habib Pakistan

1. The Cut-off Time for Bank Al Habib is differs. Please visit your nearest branch for cut-off time.
2. Any requests received after cutoff time will normally be processed the next working day.