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State Bank of Pakistan Approves LemFi Partnership with United Bank Limited For Remittances to Pakistan.
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UrduPoint News
Lahore (UrduPoint / Pakistan Point News - 23th Sep, 2025) RightCard Payment Service Limited, trading as LemFi, a leading international payments platform, announced today that the Apex Bank in Pakistan, the State Bank of Pakistan (SBP), has approved its operation of remittance services into Pakistan in partnership with multiple strategic partners, including United Bank Limited (UBL).
With a record estimated inflow of over US$33 billion received in personal remittances in 2024, Pakistan stands as one of the world’s most essential remittance corridors.
“We are honoured to receive these approvals from the State Bank of Pakistan to serve the Pakistani diaspora”, saidMuhammad Daiyaan Alam, LemFi’s Head of South Asia Expansion & Growth.
Key Benefits of the Partnership:● Regulatory Compliance: Full adherence to the State Bank of Pakistan’s guidelines and international anti-money laundering standards.
● Competitive Offerings: Competitive exchange rates, low-cost fees and other innovative financial service offerings are enhanced.
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