Fintech & Banking Regulation
SBP Issues FE Circular No. 01 of 2026: Intermediary and Aggregator Framework for Outward Remittance of IT and Digital Services up to USD 5 Million
The State Bank of Pakistan has amended Chapter 14 of the Foreign Exchange Manual via FE Circular No. 01 of 2026, adding Paragraph 11A to allow Pakistani intermediaries and aggregators to remit up to USD 5 million annually for digital advertising and IT services collected locally in PKR.
