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This Para 41
Authorised Dealers may issue foreign currency notes and foreign currency travellers
cheques to foreign and Pakistan nationals without any limit against surrender of an
equivalent amount in foreign exchange including foreign currency notes or against credit
cards or by debit to a foreign currency account whether maintained in Pakistan or abroad.
Has been deleted By F.E. Cir. No. 24 dated 14th October 1999.
Following Para 41
"Authorised Dealers may issue foreign currency notes and foreign currency travellers
cheques to foreign nationals and Pakistan nationals not ordinarily resident in Pakistan
without any limit against surrender of an equivalent amount in foreign exchange or against
credit card or by debit to a foreign currency account whether maintained in Pakistan or
abroad. They may also issue foreign currency notes and foreign currency travellers cheques
to Pakistan nationals resident in Pakistan by debit to their foreign currency account
maintained in Pakistan."
has been Sub. By F.E Cir No. 7 dated 22/2/95.
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