FOREIGN DEMAND DRAFT (FDD)
Demand Draft
is a physical mode of money transfer. It is beneficial for the sender to make a
bank draft because it is secure and can only be credited to the specified
beneficiary’s bank account.
Through NBP Exchange, you can easily get ready your Demand Draft
Main Purpose of Demand Draft
·
University
fee
·
Education
Expenses
·
Hospital
expenses
·
Immigration
·
Family
remittances
·
Full
name and address
·
CNIC
Copy/Overseas CNIC Copy
·
Passport
Copy in case of Foreign National
·
Phone
number
Beneficiary
·
Evidence
for the purpose of Demand Draft(i.e. University offer
letter)
·
Original
CNIC along with its photocopy/Passport along its copy
·
Ensure
that the Demand Draft is not damaged ( In case of
cancellation)
Terms and Conditions:
·
Demand
Draft is valid for a period of 6 months only.
·
Please
take good care of your Demand Draft, as it may be dishonored if it is damaged. Company will not be able to help you in this regard.
·
You
need to present the original Demand Draft in case of cancellation or refund.
·
If
the Demand Draft is lost or stolen, it can only be cancelled after obtaining
approval from issuing bank and Drawn on Bank
·
All
AML/KYC procedures will followed as per the directions of State Bank of
Pakistan
·
Expired
CNIC/Passport will not be accepted.
Note
·
i)
Company is not responsible for rate variation in Foreign currency.
·
ii)
FTT/FDD charges are not refundable
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