-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

Chery Surpasses 20 Million Global Vehicle Sales as Monthly Exports Exceed 200,000

Master Auto Engineering (MAE), the official partner of Chery...

Spotify Atif Aslam- Launch PRL

The new personalized in-app experience reveals your Aadee persona,...

BingX Appoints Kevin Lee as Chief Strategy Officer to Accelerate its Multi-Asset, User-Centric Vision

BingX, a leading cryptocurrency exchange and Web3-AI company, today...

Samsung and Spotify Bring Premium Listening to More Connected Devices Across Pakistan

In a first for the region, eligible Samsung users...
-Advertisement-