Overseas Pakistanis

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Sustainability
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Sustainability
Business Management
Sustainability
Business Management
Sustainability
Business Management
Sustainability
Business Management

It is now possible that Overseas Pakistanis can make an investment irrespective that they are living abroad. Range of savings certificates by National Savings schemes have come, below you can check out the details. The non-resident Pakistan has to submit the application form, cheque, or draft and send that application to the officer in charge. With that form, attach a passport copy and the details of your national identity card. If you manage to make the bank draft in Pakistan currency rupee, it will be easy for the National savings to clear that cheque abroad.

    All Overseas Pakistanis have to keep in mind that investment done from their side remains maintained in Pakistan rupee currency. The foreign currency investment received by the national savings from non-resident Pakistani means converted into Pakistan rupee currency. The overseas Pakistani will give Power of Attorney to the trustworthy person in Pakistan, and he will collect the profit on behalf of that investor. Most importantly, the Power of Attorney contains full particulars. It should include details like the total amount put in and Registration Number, and date of issuance of the certificates.
  • The investor is living abroad handovers Power of Attorney! He will sanction the person living and residing in Pakistan to encash those saving certificates on his behalf. A power of attorney should include details like the original holder's name and the address of the concerned National Savings Centre where the amount does put in. Moreover, the Overseas Pakistanis have to apply for an officer-in-charge to encash the savings certificates.
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