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SBP Payment Processing for IT Exports

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1
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Open Corporate Bank Account

Choose a bank with international banking services (14 banks offer RDA)

2
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Register for FFR/PRCL

Bank issues Foreign Proceeds Realization Certificate on export receipt

3
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Receive Foreign Payment

Client pays via bank transfer, SWIFT, or payment gateway

4
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Bank Issues FFR/PRCL

Bank confirms receipt within 180 days

5
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Claim 0.25%/1% WHT

PSEB-registered: 0.25% WHT. Non-PSEB: 1% WHT under Section 154A

6
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File with FBR

Declare on annual tax return with FFR/PRCL proof

7
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Maintain Records

Keep all bank documents for 6 years per SBP requirement

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Process Complete
Full Policy Details All Workflows
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