Asaan Digital Remittance Account
U Remit – Asaan Digital Remittance Account (ADRA) empowers customers, and housewives in particular, to open up their accounts from any location without the hassle of having to visit a bank branch and start receiving the remittances sent to them from their loved ones from abroad.
Transaction Limits
Maximum Credit Balance Limit: PKR 3,000,000
Cash Withdrawal Limit: PKR 500,000 per day
Fund Transfer Limit: PKR 500,000 per day to any other account
Local Credit allowed: PKR 1,000,000 per month
Commercial remittances are not allowed
Features
- Simple and convenient account opening
- Account opening from mobile application
- Free SMS alerts
- Free E-statements
- No initial deposit requirements
- No minimum balance requirements
- No withholding tax on cash withdrawal