Funds Transfer
C-OTC:CNIC to CNIC (Send Money)
The person to person (P2P) money transfer facility allows anyone with a valid CNIC to send money to any other valid CNIC holder in Pakistan. This service allows any individual (CNIC holder) to send up to Rs. 15,000 per month.
Price
The pricing structure for this facility is detailed below:
| Slab | Person (CNIC) to Person (CNIC) |
|---|---|
| 100 – 1,000 | 60 |
| 1,001 – 2,500 | 120 |
| 2,501 – 4,000 | 180 |
| 4,001 – 6,000 | 240 |
| 6,001 – 8,000 | 300 |
| 8,001 – 10,000 | 350 |
| 10,001 – 13,000 | 400 |
| 13,001 – 16,000 | 450 |
| 16,001 – 20,000 | 600 |
| 20,001 – 25,000 | 750 |
Process
All walk-in customers are required to follow the following process:
Receiver
- Receiver receives a system generated SMS, with Transaction ID and amount of Transfer for their reference
- Sender informs the Receiver of the secret 5-digit Pass Code for the transaction
- Receiver goes to Jcash Agent, and requests for receipt of money
- Receiver provides the transaction ID, and Pass Code, along with the original CNIC, and valid Mobile Number
- Retail Agent (Receiving Agent) performs a Bio matric verification (BVS) of the Receiver
- Upon successful BVS the of the Receiver, Retail Agent (Receiving Agent) performs a receive money transaction and provides the amount to the Receiver
Sender
- Sender goes to Jcash agent, and requests for a Send Money Transaction
- Sender provides his valid and active CNIC and mobile number
- Sender provides the valid and active CNIC and mobile number of Receiver
- Sender provides the amount to be sent, in addition to the charges (as per the slabs listed above)
- The Retail Agent performs a Bio matric verification (BVS) of the sender
- Upon successful BVS the of the Sender, Retail Agent (Sending Agent) creates the transaction and send the money
- Sender receives a system generated SMS, with Transaction ID, and a Pass Code (a secret code that allows the received to claim the amount sent)
