AboutDemand DraftSending money is simple and risk-free with our service. Make your demand draught transactions quick and secure by using Muhammadi Exchange.
Best Foreign Demand
Need to send money overseas? At Muhammadi Exchange, we offer reliable foreign demand draft exchange services to help you quickly make international payments. A demand draft is a secure and convenient way to transfer funds. Our demand drafts come with competitive exchange rates and low fees, making them affordable for all your cross-border transactions.
Why Demand Draft?
Whether sending money to family and friends or making international business payments, Muhammadi Exchange is your go-to destination for hassle-free foreign money transfers. With our foreign demand draft exchange services, you can quickly transfer money overseas to any bank account worldwide. We understand that sending money abroad can be daunting, so we offer a streamlined and secure process for your peace of mind. Visit our website or drop by one of our branches to send a demand draft to your loved ones or business partners overseas. At Muhammadi Exchange, we make foreign money transfers as easy as emailing.
Are you looking for reliable money transfer companies in Pakistan? Look no further than Muhammadi Exchange. Our extensive network of correspondent banks provides a wide range of foreign currency exchange and money transfer services to our valued customers. Our foreign demand draft exchange is just one of the many services we offer, and it’s designed to make your international payments simpler, faster, and more secure. Whether you’re sending money for personal or business purposes, you can count on Muhammadi Exchange to provide top-quality services at competitive rates.
DD at Muhammadi
At Muhammadi Exchange, we provide a fast, secure, and affordable money transfer service that you can trust. Our competitive money transfer charges and transparent fee structure make us a popular choice for people looking to send money overseas. Our user-friendly website offer a convenient way to transfer funds, while our Telegraphic Transfer Pakistan service is ideal for urgent payments. With Muhammadi Exchange, you can be sure.
Your money transfer will be processed quickly and efficiently, with no hidden fees or unexpected charges.
Sending money has always been challenging with Muhammadi Exchange. We are committed to providing you with the best possible money transfer service, ensuring your funds get where they need to go quickly and reliably. You can use our website to securely send money, check exchange rates, and track your transfer status. Try us today and experience the difference.
Make Foreign Demand Draft
Muhammadi Exchange, we are committed to making international money transfers more manageable and accessible for everyone. As one of Pakistan’s leading global money transfer companies, we have a strong presence nationwide in all major financial hubs. We offer a range of international money transfer services, including foreign demand draft exchange, to help you transfer money safely, quickly, and at the best rates. We’ve got you covered whether you need to send money to family, friends, or business partners overseas.
At Muhammadi Exchange, we are dedicated to providing you with a fast, secure, and reliable international money transfer service you can count on. Our international money transfer service is designed to meet your needs, whether making a one-time payment or send money regularly. We offer competitive exchange rates and low fees to ensure that you get the best value for your money. With our user-friendly website, you can easily manage your transfers from anywhere at any time.
The Credible International Money Transfer
Companies in Pakistan
We take pride in being one of Pakistan’s most credible international money transfer companies. With over 25 years of experience in the currency exchange business, we have earned a reputation for providing reliable and high-quality services to our customers. In 2004, we received the State Bank of Pakistan license to operate as a currency exchange company. Since then, we have offered various services, including foreign demand draft exchange, Telegraphic Transfer, and more. Our commitment to excellence and customer satisfaction has earned us the trust of thousands of customers across Pakistan.
At Muhammadi Exchange, we understand that sending money overseas can be a complex and daunting task. That’s why we offer a simplified and streamlined process to make international money transfers easy for our customers. Whether you’re making a personal or business payment, we have the experience and expertise to help you do the job quickly and affordably. At Muhammadi Exchange, we are dedicated to providing you with the best possible service and making your money transfer experience positive.
Purpose of Demand Draft
Particulars required for Sender
Requirements for Beneficiary
Sending amount limit/charges/processing
We make transferring money overseas easy with our flexible sending amount limit and affordable charges. You can remit foreign exchange up to US$ 50,000/- or equivalent in other foreign currencies, according to your request. Our payments are fixed at as low as 2500 rupees for any amount sent, making it easy to transfer money without breaking the bank. It’s worth noting that correspondent/intermediary banks may charge a service fee of up to $40, but we work hard to keep these charges as low as possible for our customers.
At Muhammadi Exchange, we know that time is of the essence when it comes to international money transfers. That’s why we offer a fast and efficient processing time for Telegraphic Transfer, which should take 24 to 48 hours. We understand that every customer is unique and are committed to providing personalised solutions that meet your needs. Our dedicated customer service team can answer any questions about our services or charges. Trust Muhammadi Exchange for all your international money transfer needs, and experience the convenience of hassle-free money transfer today.
Most frequent questions and answers
A demand draft exchange is a service that allows customers to send money to another person or business in a different location through a bank or financial institution. The process involves the customer purchasing a demand draft from the bank, essentially a check drawn on the bank’s account. The demand draft is then sent to the recipient, who can deposit it in their bank account to receive the funds. Muhammadi Exchange offers demand draft exchange services to its customers.
Demand drafts are a secure and reliable way to transfer money internationally. They are checks drawn on a bank’s account, making them a preferred payment method for many businesses and individuals. When you use demand drafts for foreign money transfers through Muhammadi Exchange, you can enjoy a fast, secure, and hassle-free experience. Our demand draft exchange services enable you to transfer money to any bank account worldwide, whether sending money to family and friends or making international business payments. With competitive exchange rates and low fees, Muhammadi Exchange offers a cost-effective solution for your foreign money transfer needs.
Banks and money exchange businesses offer demand draft exchange services. These services allow customers to exchange a demand draft for cash or deposit it into their bank account. To use this service, customers must bring their demand draft and a valid government-issued ID to the bank or money exchange business. The customer will be asked to fill out a form with their personal information and the details of the demand draft. The bank or money exchange business will determine the exchange rate and any fees or commissions. Once the exchange is complete, the customer will receive the cash or deposit the funds into their bank account. Demand draft exchange services are a convenient and secure way to transfer funds between bank accounts or exchange them for cash.
To transfer foreign money using a demand draft, you need to obtain a demand draft from your bank or a money exchange business and provide the details of the recipient’s bank account and the amount of money you want to transfer. You can then send the demand draft to the recipient, who can deposit it into their bank account. Demand drafts are a secure and reliable way to transfer foreign money, but fees and exchange rates should be compared before deciding on this method.
Yes, it is safe to exchange a demand draft. However, you should only use reputable banks or money exchange services to avoid scams or fraud.