-Advertisement-

SBP Cancels License of Al-Hameed International Money Exchange

- Advertisement -

The State Bank of Pakistan (SBP) has revoked the authorization/license of M/s Al-Hameed International Money Exchange (Private) Limited, effective December 9, 2024.

The cancellation, under the Foreign Exchange Regulations Act, 1947, follows violations of applicable laws and SBP regulations.

- Advertisement -

As a result, Al-Hameed International Money Exchange, including its head office and all outlets, is prohibited from conducting any foreign exchange-related business activities.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Latest stories

-Advertisement-

Highlights of the Week
Related

China’s Railway Sets New Passenger Record on May Day

China's railway network transported 24.8 million passengers on May...

Pakistani Crew Held Hostage on Hijacked Oil Tanker in Gulf of Aden

Pakistani and Foreign Crew Held Hostage on Hijacked Oil...

Punjab Launches 100-Year Lifespan Sewerage Pipes for Modern Infrastructure

Punjab Begins Local Production of Advanced HDPE Sewerage PipesPunjab...

Trump Rejects Iran’s Strait of Hormuz Proposal Ahead of Nuclear Talks

Iranian Proposal for Strait of Hormuz Reopened, US Blockade...
-Advertisement-