Compare ways to send money from United States to Pakistan. Find the cheapest, fastest, and most reliable providers with the best USD to PKR exchange rates.
Read on for the best deals, expert information, and all you need to send money to Pakistan from United States.
Comparison Best Cheapest FastestWe tested & reviewed 16 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 76.5% of United States to Pakistan searches, and was the top rated company supporting payments the United States into Pakistan Rupee.
So for a great mix of cost, speed & features, make your United States to Pakistan transfer using Wise.
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from the United States to Pakistan.
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Follow the steps & make your transfer. Your funds will soon be on their way to Pakistan from the United States.
Always compare ways to send money from the United States to Pakistan to get the best options for fees, speed, and reliability.
Our analysis included 16 providers that operate between United States and Pakistan.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Pakistan.
Track the US Dollar-Pakistan Rupee exchange rateThe exchange rate determines how many USD the recipient will get in Pakistan when you send US Dollar.
Today, the average exchange rate between US Dollar and Pakistan Rupee is 278.5989. The company offering the best exchange rate is Wise.
The USD-PKR rate fluctuates constantly, so timing your transfer to Pakistan can help you save a lot of money.
Sometimes, waiting a day or two can help you get more PKR for the same amount of USD. You can also opt for a forward contract to lock in rates between the United States and Pakistan.
Choose the right payment methodA Bank transfer is the most cost effective option for sending money from the United States to Pakistan. The company offering the best Bank transfer price is Instarem.
This is 0% cheaper than the second-best option in the market.
Use regulated providersAlways choose providers that are regulated by financial authorities to ensure funds are safe when transferring from United States to Pakistan.
If you don’t know what the key regulatory bodies for money transfers are between the United States and Pakistan, please refer to our directory of financial regulators worldwide.
Consider transfer limitsSome services have limits on how much you can transfer from the United States to Pakistan. This applies when receiving money in Pakistan as well.
Different companies will offer different rates or lower fees for different transfer amounts.
For example, we recommend using Wise if you need to send large amounts of USD to Pakistan.
This being said, always check with the recipient and understand any declarations needed on large amounts of money leaving the United States, or entering Pakistan.
How to receive money in PakistanThere are different ways to receive money in Pakistan. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account.
If you (or the recipient) want a direct transfer to your bank account, Wise is the best money transfer company for bank transfers between United States and Pakistan.
And if you need cash right away, check if cash pickup is an option for transfers between United States and Pakistan.
Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Instarem.
Have your ID readyWhen you're sending or receiving money between the United States and Pakistan, you have to be ready to show some ID.
The exact documents you need might vary. Usually in the United States this will be a government ID like a passport or driver's license. This will be similar if you need to open an account or collect cash in Pakistan.
If you're making a big transaction between the United States and Pakistan, a provider may ask you for proof of address or may want to know where your money comes from.
Wise is a great option for sending from the United States as the sign up process is pretty straightforward, even for larger transactions.
Don't forget about taxesWhen sending large amounts of money between the United States to Pakistan there will be tax implications to consider.
Some USD-PKR transfers may need to be reported to tax authorities, particularly where inheritance or property sales are involved.
Tax limits and personal allowances differ in Pakistan based on age, income and a few other elements. When in doubt, please contact a tax professional in United States or Pakistan to discuss your personal circumstances.
Always compare ways to send money from the United States to Pakistan to get the best options for fees, speed, and reliability.
Our analysis included 16 providers that operate between United States and Pakistan.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Pakistan.
Remitly offers the cheapest combination of low fees and competitive exchange rates of the 16 providers we compared.
They offer an average fee of 1.73* USD and exchange rate between USD-PKR that is 0% different to the mid-market rate.
In comparison, Remitly is 0% cheaper than the second-best option.
To secure affordable and great rates on a USD to Pakistan transfer, Remitly is our recommended choice.
*The most common fee applied to USD-PKR by Remitly, based on data from the past six months.
We compared 16 companies and found Wise offers the fastest money transfers between the United States and Pakistan.
Our comparison shows Wise is the fastest option for sending US Dollar into Pakistan Rupee 35.4% of the time. For urgent USD to PKR money transfers, they’re our recommended choice.
A USD-Pakistan Rupee transfer through Wise comes with an average 6.27 USD fee.
To ensure Wise was the 'fastest' option we compared 16 providers. This comparison was for overall speed of sending money from the United States to Pakistan and is a combination of depositing US Dollar, transfer times to Pakistan and withdrawal timeframes where applicable.
When speed is a priority, Wise is the top choice for sending into Pakistan from the United States.
Transferring bigger amounts of money to Pakistan from the United States needs a strong exchange rate and effective management of the transfer.
From the 16 options we compared, Wise offers the strongest all round option for large transfers to Pakistan from the United States.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Pakistan Rupees to Pakistan Rupee.
As such, we recommend Wise for large transfers between Pakistan and the United States.
The total cost of sending money to Pakistan from the United States is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for USD-PKR is 278.5989 PKR per US Dollar.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Pakistan Rupee for your US Dollars.
The USD-PKR mid-market rate over the last three months has seen the US Dollar worth an average 278.2643 PKR. Within this there has been a high of 280.9511, and a low of 275.8711.
From 16 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting USD to PKR.
Fees: When sending money there may be additional fees. Instarem offers the lowest fee of the 16 providers tested, averaging 1.73 USD per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Pakistan Rupee eventually received in Pakistan.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Pakistan, means a better overall cost of sending money from the United States.
