Pakistan Requiring Online Payments for Certain Duties
Pakistan recently issued a directive to require online payments for customs duties that exceed about $6,200, the Hong Kong Trade Development Council reported Jan. 27. Importers must make the payment through one of Pakistan’s bank‑sanctioned payment systems via e‑payments and…
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“any other electronic payment method” approved by the country’s state bank. HKTDC said the move is aimed at further digitizing customs payments to meet the requirements of the Financial Action Task Force, an intergovernmental organization created to combat money laundering.