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Meezan Foreign Currency (FCY) Debit Card for Exporters’

Special Foreign Currency Accounts (ESFCAs)

In today’s interconnected world, we recognize the significance of seamless and convenient banking. That is why we are pleased to offer the Meezan Foreign Currency (FCY) Debit Card, which facilitates Pakistani exporters and freelancers holding an ESFCA account by providing unmatched global access to perform swift financial transactions. Freelancers and exporters can freely utilize the Meezan Foreign Currency (FCY) Debit Card for making all types of current account payments abroad to meet their business needs, without prior approval from the SBP. These include but are not limited to the following:

Key Features & Benefits

  • Worldwide Acceptance: The Meezan Foreign Currency (FCY) Debit Card is powered by Mastercard and accepted at millions of outlets, online stores and ATMs worldwide*.
  • *Cash withdrawals are restricted within Pakistan on Meezan FCY Debit Card.

  • Spending Limits: The Meezan Foreign Currency (FCY) Debit Card meets your spending needs and provides access to your money with usage limits, including a daily limit of USD 5,000 for shopping and USD 500 for cash withdrawals.
  • Enhanced Security: Meezan Foreign Currency (FCY) Debit Card is embedded with an EMV microchip, making it impossible for fraudsters to duplicate or clone your card. The card also features 3D Secure, adding an additional layer of security for e-commerce transactions.
  • NFC Tap & Go: Meezan Foreign Currency (FCY) Debit Card is NFC (Near Field Communication) enabled, providing you the convenience of making contactless payments worldwide at retail outlets.

*Fees, Charges & Transaction Limits

To apply for Meezan FCY Debit Card, please visit your nearest branch.

Issuance and Annual Charges

FCY Debit Card
As per SOC

Card Replacement Charges (Lost, Stolen, Damaged)

FCY Debit Card
As per SOC

Transactional Charges

Cash Withdrawal (International)
As per SOC
International Purchase & Online Shopping
As per SOC

Transaction Limits (in USD)

Transaction Type
Single Transaction Limit
Per Day Limit
Cash Withdrawal (International)
500/-
500/-
Purchase & Online Shopping (International & Domestic)
5,000/-
5,000/-

    *Note:

  • The Bank may discontinue/suspend the FCY Debit Card services due to non-payment/non-recovery of associated charges.
  • All charges are exclusive of applicable Government levies, including FED, provincial sales tax on services, and any other taxes.
  • Conversion rate on international transactions will either be inter-bank rate or open market rate as per the prevailing regulatory instructions enforced.
  • All international charges are settled in USD.

FAQs

Meezan Bank customers having Exporters’ Special Foreign Currency Account (ESFCA) with the Bank can avail Meezan FCY Debit Card. This facility is exclusively available for freelancers and exporters.
Meezan FCY Debit Cardholders can make all POS and e-commerce transactions abroad, along with ATM cash withdrawals. However, local ATM cash withdrawals are not permissible.
  • Individual & Sole Proprietorship Account: To activate your debit card, call our 24/7 Call Centre at (+92 21) 111-331-331 or 111-331-332. The phone banking officer will activate your card upon successful verification.
  • Entity Account (Partnership, Limited Companies / Corporations etc.): Within two working days, our Call Centre agent will contact the cardholder on the registered contact number provided in the issuance request and activate the card after successful verification, as per the prevailing procedure.
The validity period of the card is five years from the date of issuance. The card expiry is mentioned on the front of the card.
You can generate your ATM PIN by calling our 24/7 Call Centre at 111-331-331 or 111-331-332 (from outside Pakistan, call +92-21 111-331-331 or 111-331-332) and follow the directions through IVR (Interactive Voice Response). You may also change your ATM PIN any time by visiting the nearest Meezan Bank ATM.
If you become aware that your debit card is lost or stolen, immediately call our 24/7 Call Centre at 111-331-331 or 111-331-332. From outside Pakistan, call +92-21-111-331-331 or +92-21-111-331-332 to report the loss or theft. You are protected from financial liability arising from any unauthorized transactions made on your card after it has been reported lost or stolen. Your old card will be cancelled, and a new card will be issued.