Best bank for companies

greeenncool (PWUser169466953832) 2023-09-14 10:44:43 +0500 #1

Hello everyone.

Trying to research on best banks for company account.

A small startup company (pvt ltd) deals with IT exports and is PSEB registered. Looking for a bank that has comparatively good customer support, facilities, and offers hassle-free transactions of remittances and gives out a bit realistic conversion rates.

All members are requested to advise and provide personal input on the above requested question.

Also what other bodies should a company be registered with for any export related benefits and support.

Looking forward for your responses.

greeenncool (PWUser169466953832) 2023-09-21 09:11:17 +0500 #2

Still looking for help and opinions.

capsat (ومن شر حاسد إذا حسد) 2023-09-22 19:48:16 +0500 #3

@nabs @mgalaxy3 please guide the novice

Nabs (Nabs) 2023-09-23 03:13:55 +0500 #4

My choice is Bank Al Habib at this time (I have been with many banks in the past). Conversion rate is real interbank, sometimes a little over it. They don't bother much about remittance documentation. I currently use personal account as I now work as a freelancer, but I have had remittances in my company account at this bank in the past, no issues. When I ask for PRC, they give it in 5 minutes on the spot. Just give the bank your PSEB certificate and they will reduce withholding tax from 1% to 0.25%.

iplaywithidiots (idiotic ) 2023-09-23 12:37:20 +0500 #5

ok but how about UBL .. AL habib doest allow you to open Dollar account but UBL does .. 1% and 20$ dollar per transaction fees which is state bank charges .per transaction

Nabs (Nabs) 2023-09-23 14:17:13 +0500 #6

I have dollar account as well in Bank Al Habib.

iplaywithidiots (idiotic ) 2023-09-23 18:44:03 +0500 #7

really hmmmmmm... i tried with meezan bank al habib but they were not opening dollar accont except UBL.

i also a free lancer.. JAVA Devloper..

greeenncool (PWUser169466953832) 2023-09-24 13:01:03 +0500 #8

Thank you for your reply back. Honestly I have been waiting for your response back on this as I have gone through your responses on other forums.

Sir you are right, I have heard good about Al-Habib as well now after your affirmation this gives me more hope from it.

Sir can you advise me anything as I am quite a beginner with stuff. What facilities I can avail with PSEB etc.

Also what other bodies should we as IT exporter register with?

greeenncool (PWUser169466953832) 2023-09-24 13:01:49 +0500 #9

Thank you sir.