Visa debit
Classic & Platinum
Official doc- Online & in shops abroad
- 4%
- ATM cash abroad
- 4% (min Rs 300)
- Tax on the fee
- + 15–16% provincial sales tax
- 236Y advance tax
- 0.5% filer · 1% non-filer
Schedule: Jul–Dec 2026
Checked · Schedule Jul–Dec 2026
Raqami foreign transaction feeand everything else you pay on a card abroad
Raqami Islamic Digital Bank charges 4% on its Visa debit when you pay in a foreign currency, plus provincial sales tax on that fee. On top comes 0.5% advance tax under Section 236Y (1% for non-filers). Here's what that adds up to, with Raqami's own schedule of charges highlighted.
Worked examples
What a payment really costs
At Rs 277.05 per US dollar (market rate, 28 Oct 2026), for a filer with an account in Punjab. The dollar moves every day; the calculator uses today's rate.
| You pay | In rupees | Bank fee | Tax on fee | 236Y | Total | Extra |
|---|---|---|---|---|---|---|
| $5 | Rs 1,385.27 | Rs 55.41 | Rs 8.87 | Rs 6.93 | Rs 1,456.48 | 5.1% |
| $20 | Rs 5,541.10 | Rs 221.64 | Rs 35.46 | Rs 27.71 | Rs 5,825.91 | 5.1% |
| $50 | Rs 13,852.75 | Rs 554.11 | Rs 88.66 | Rs 69.26 | Rs 14,564.78 | 5.1% |
| $100 | Rs 27,705.49 | Rs 1,108.22 | Rs 177.32 | Rs 138.53 | Rs 29,129.56 | 5.1% |
| $500 | Rs 138,527.47 | Rs 5,541.10 | Rs 886.58 | Rs 692.64 | Rs 145,647.79 | 5.1% |
| You withdraw | In rupees | Bank fee | Tax on fee | 236Y | Total | Extra |
|---|---|---|---|---|---|---|
| $100 | Rs 27,705.49 | Rs 1,108.22 | Rs 177.32 | Rs 138.53 | Rs 29,129.56 | 5.1% |
| $300 | Rs 83,116.48 | Rs 3,324.66 | Rs 531.95 | Rs 415.58 | Rs 87,388.67 | 5.1% |
min the minimum fee applied. Sindh accounts paying a foreign streaming, software or cloud service add 3%.
The receipts
Where these numbers come from
Raqami's own document, with the lines we read highlighted. The taxes on every card come from FBR's rate card and the provincial tax laws.
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Raqami Islamic Digital Bank · Schedule of Charges (Addendum Jul–Dec 2026) · captured 28 Oct 2026, 21:23 PKT
Raqami: 4% POS & e-commerce; ATM 4% or Rs 300
“International POS / E-commerce (Visa Classic) — 4% of Transaction Amount”
Compare
How Raqami compares
Every card for a $20 card payment, cheapest first (filer, Punjab, Rs 277.05 per dollar).
| Card | Fee | Total for $20 | Extra |
|---|---|---|---|
| 1Zindigi · Visa debit | 1%, tax included | Rs 5,624.22 | 1.5% |
| 2Meezan · FCY debit card | 3% | Rs 5,761.64 | 4.0% |
| 3Allied Bank · Credit card | up to 4% | Rs 5,825.91 | 5.1% |
| 4Allied Bank · Debit card | 4% (min Rs 100) | Rs 5,825.91 | 5.1% |
| 5BankIslami · Debit card | 4% | Rs 5,825.91 | 5.1% |
| 6HBL · Credit card | 4% | Rs 5,825.91 | 5.1% |
| 7HBL · Debit card | 4% | Rs 5,825.91 | 5.1% |
| 8HBL · USD debit card | 4% | Rs 5,825.91 | 5.1% |
| 9Mashreq NEO · NEO debit | 4% | Rs 5,825.91 | 5.1% |
| 10MCB · Credit card | 4% (min Rs 100) | Rs 5,825.91 | 5.1% |
| 11Meezan · Debit card | 4% | Rs 5,825.91 | 5.1% |
| 12Raqami · Visa debit | 4% | Rs 5,825.91 | 5.1% |
| 13Bank of Punjab · Debit card | 4.25% | Rs 5,841.99 | 5.4% |
| 14MCB · Debit card | 4.4% (min Rs 100) | Rs 5,851.63 | 5.6% |
| 15Bank Alfalah · Credit card | 4.5% (min Rs 125) | Rs 5,858.06 | 5.7% |
| 16Bank Alfalah · Debit card | 4.5% | Rs 5,858.06 | 5.7% |
| 17Bank AL Habib · Credit card | 4.5% | Rs 5,858.06 | 5.7% |
| 18Bank AL Habib · Visa Platinum debit | 4.5% | Rs 5,858.06 | 5.7% |
| 19Faysal Bank · Noor credit card | 4.5% | Rs 5,858.06 | 5.7% |
| 20UBL · Credit card | 4.5% (min Rs 100) | Rs 5,858.06 | 5.7% |
| 21Askari · Credit card | 4.85% | Rs 5,880.55 | 6.1% |
| 22SadaPay · Mastercard | 6% (+Rs 55 up to Rs 800), tax included | Rs 5,901.28 | 6.5% |
| 23Standard Chartered · Credit card | up to 6% + Re 1/USD | Rs 5,977.68 | 7.9% |
| 24JS Bank · Credit card | 5% (min Rs 450) | Rs 6,090.81 | 9.9% |
Questions
Raqami's charges, answered
How much does Raqami charge on international transactions?
Visa debit (Classic & Platinum): 4% of the payment. On a $20 card payment by a filer with an account in Punjab, the Visa debit costs Rs 5,825.91 in total, Rs 284.81 (5.1%) more than the market rate.
Is there tax on Raqami's foreign transaction fee?
Yes. Provincial sales tax is added to the fee, at 15–16% depending on the province of your account's branch. 236Y advance tax of 0.5% (filer) or 1% (non-filer) is charged on the whole amount.
How much does Raqami charge to withdraw cash abroad?
Visa debit: 4% (min Rs 300) per withdrawal. Taking out $100 with the Visa debit costs Rs 29,129.56 in all, including tax on the fee and 236Y.
Where do these Raqami figures come from?
Read directly from the bank's own current schedule. The exact lines are highlighted below, and the full documents are on Jhatka's documents page.