July 3, 2026
SBP Ends Remittance Incentive Schemes as Record $41 Billion Inflows Make Bank Rewards Redundant
The State Bank of Pakistan has discontinued the Sohni Dharti Remittance Programme's bank reward points and ended the Telegraphic Transfer Charges Incentive Scheme — signalling that with remittances heading for a record $41 billion in FY26, the financial inducements put in place to channel overseas flows through formal banking channels have achieved their purpose.









