Business

Freelancers Can Now Open Account With Meezan Bank

Meezan Bank provides Freelancers the facility to open an account to easily directly receive work payments and enjoy essential banking services without any hassle.

Meezan Freelancer Account, Freelancer Bank Account
Freelancers Can Now Open Account With Meezan Bank

According to the details, Freelancers can open a Meezan Freelancer Account in Pakistan Rupee (PKR) or Foreign Currency (FCY) in both Current and Savings.

Meezan Bank Freelancer Account

Key Features

  • Free Chequebook
  • Free Pay Orders
  • Free Internet Banking
  • Online Branch Banking
  • Unlimited Withdrawals
  • Inward Foreign Remittance
  • Free Meezan Mobile Banking App
  • Debit Card
  • SMS Alerts
  • Opportunity to Invest in Meezan Bank’s Certificate of Islamic Investments (COIIs)
  • Ability to pay utility bills, fees and conduct other fund transfers in Pakistan using Meezan Internet Banking Facility and Mobile App.
  • Collaboration with Pakistan Freelancers Association – PAFLA
  • Tax facilitation services by Befiler at discounted rates
Meezan Bank Freelancer Account

Requirements

Proof of profession such as copy of agreement/certificate/ letter-based correspondence that
includes:

  • Portal name through which services are provided
  • Nature of services
  • Scope of work
  • Copy of Sale Tax NTN Certificate

Furthermore, a valid source of income such as the certificates/statements of earnings for past
3 months or any other document provided by the companies/clients proving that the freelancer
is working for it and has earned a particular amount of income in the past 3 months, are also
considered a valid source of income.

However, despite being a Freelancer Account, Meezan Bank only allows commercial remittances to be received in PKR account. However, you have the option to receive Home Remittance in both accounts from any blood relative.

Debit Card

Meezan Bank provides a debit card for only PKR accounts and charges will be based on the bank’s Schedule of Charges.

Read More: Meezan Bank Partners with Befiler to Provide Tax Facilitation Services for Freelancers

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Ali Gulrez

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