Eliminate The requirement that banks should declare that they will ensure the repatriation of export proceeds within a prescribed timeline
Reform ID		F533
Description		Banks (Authorized Dealers) were required to declare to SBP that they would ensure the repatriation of their clients' export proceeds within the prescribed timeline. Since repatriation is ultimately the exporter's obligation and banks have no operational control over whether proceeds actually return to Pakistan, this requirement placed an unenforceable and unrealistic responsibility on ADs, while creating compliance risk and administrative burden without adding genuine safeguards.
Department		State Bank of Pakistan - SBP
Jurisdiction / Location		Federal - Entire Pakistan
Sector		All Sectors
Start Date
Target Deadline		15-04-2026
Date Enacted
Implementation Status		In Progress
Progress		0%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence