KARACHI: UBL Bank has introduced a cash withdrawal fee from an account holder’s account in Pakistan from June 2, 2021. UBL Bank Charge on cash withdrawal in pakistan 2021
According to a notice issued by the bank, the fee for cash withdrawal from. An account was Rs6 per transaction, with a maximum withdrawal of Rs100,000 per day. From any UBL Bank branch and online banking on a single day.
Now, the bank has proposed an increase in this fee. To Rs25 per cash withdrawal from any UBL branch and online banking for a maximum. Of three transactions a day with a daily maximum of Rs100,000. UBL Bank Charge on cash withdrawal in pakistan 2021
Transfer Money From UBL Digital App To Another Account. Fees not on a per transaction basis but on a fee-per-transaction basis. The amount for each cash withdrawal was different from one bank to another bank.
He said the cash withdrawal fee by the bank from. Of cash withdrawal. But this. Fee could now be calculated in advance by the account holder.
One bank is charging Rs12 per cash withdrawal from an account. For a maximum of three cash withdrawals per day at a time. With a maximum daily withdrawal of Rs200,000.
Another bank is charging Rs16 per cash withdrawal from an account. For a maximum of three cash withdrawals per day at a time. With a maximum daily withdrawal of Rs300,000.
UBL already had a Rs2,500 withdrawal cash withdrawal fee from an account per day. The fee for cash withdrawal in Pakistan, one of the top five economies in the world, would increase from Rs200 to Rs300 per transaction, one of the highest cash withdrawal fees in the world, which would make it costlier for many people to use their bank accounts Cheap NFT to buy.
The fee-per-transaction principle also applied to advance fee of Rs125 on using online banking or E-guarantee. The cash withdrawal fee at the time of new account opening was charged at Rs4.5 per transaction, with a maximum of Rs500 per day.