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Faysal Bank
Full-service retail and Islamic banking platform with digital payments and international transfers.
About Faysal Bank
Faysal Bank is a Pakistani bank offering retail, corporate, and Shariah-compliant financial services including digital banking.
User Base:Over 1M app downloads
Founded:1994
Headquarters:Karachi, Pakistan
Rating Score:
58
Important Notes
- SWIFT code required for transfers
- Shariah-compliant financial services
- Mobile app sometimes lags
- Exchange rates vary by transaction
- KYC mandatory for international transfers
Key Features
What makes Faysal Bank unique
Shariah-compliant Islamic banking services
Digital wallet and mobile payments
Utility and bill payments online
Domestic fund transfers within Pakistan
International remittance and foreign exchange
QR code payment capability
Multi-currency accounts for customers
International Services
Supports international transactions
Receive Money
SWIFT network
Western Union API integration
RIA partnership
Infrastructure: hybrid
SWIFT
Western Union
RIA Money Transfer
SWIFT for direct foreign transfers
Western Union API for remittances
RIA partnership for inbound remittances
Send Money
SWIFT network
Correspondent banking relationships
Infrastructure: hybrid
SWIFT
Global correspondent banks
SWIFT code for cross-border transfers
Uses correspondent banks for settlements
Supported Currencies
Transfer Methods
SWIFT wire transfer
Western Union
RIA remittance
Transfer Limits
Subject to SBP regulations and partner rules
Discussions
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