MCB Burqraftaar Remittance Account | Safe Service | MCB Bank

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Key Features

A secure and convenient medium for receiving remittances.
No withholding tax on cash withdrawals on over the counter/ATM transactions.
Free life and accidental death insurance for both account holder and remitter.
Free Intercity (Withdrawals/Transfers) 30 each/month
Free Cheque Book (1/month)
Free Banker’s Cheque (2/month)
Free Issuance, annual & renewal of PayPak Classic & PayPak Gold Debit Card
Free Issuance of Gold Plus Debit Card
Free SMS alerts
No minimum balance requirement.
Unlimited cash withdrawal /funds transfer facility.

Eligibility Criteria for Insurance Coverage

For Free Insurance Coverage

Age: 18 yrs. - 59 yrs.
Expiry Age: 60 Years.
Account Status: Active.
Last 3 Months Average Balance ≥ 50,000.
The sum assured for remitter is equivalent to 3 times (3x) of the last 3 month’s average balance up to a maxiumum sum assured of 150,000.
The sum assured for Beneficiary (Account Holder) is equivalent to 1 times (1x) of the last 3 month’s average balance up to a maximum sum assured of 100,000.

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