Bank Alfalah to HBL Transfer Charges


Transferring funds from Bank Alfalah to HBL involves charges levied by both banks. Here's a breakdown of the costs you might incur:


Bank Alfalah to HBL transfer Charges
Bank Alfalah to HBL transfer Charges

 

 

Table of Contents:

Bank Alfalah to JazzCash Transfer:

 

Transfer methods:

Alfa App

Internet Banking

ATM

 

Transaction Limits:

Minimum Amount

Maximum Amount

 

Charges:

Bank Alfalah Charges (fixed fee + taxes)

JazzCash Charges (recipient: none, sender: optional for Bill Pay)

 

Timing:

Transfer Speed

 

 

Bank Alfalah Charges:

Transaction Type: Inter-bank fund transfer (IBFT)

Charges: Based on transfer amount slabs (as per July-Dec 2023 Schedule of Charges):

Up to PKR 1,000: Free

PKR 1,001 - PKR 2,500: PKR 10

PKR 2,501 - PKR 4,000: PKR 20

PKR 4,001 - PKR 6,000: PKR 30

PKR 6,001 - PKR 8,000: PKR 40

PKR 8,001 - PKR 10,000: PKR 50 

 

Above PKR 10,000: Charges increase depending on the amount (refer to Bank Alfalah's schedule for details) 

 

 

HBL Charges:

Transaction Type: Receiving funds through IBFT

Charges: Depending on account type (as per Konnect by HBL schedule):

Konnect by HBL Mobile Account: Free

 

Regular HBL Account: Charges may apply based on the amount slab (check HBL's schedule for details) 

 

 

Additional Considerations:

Timing: Bank Alfalah IBFTs take 3 working days. Depending on HBL's processing time, the funds might arrive later.

 

Minimum Transfer Amount: Some channels (e.g., mobile banking) might have minimum transfer amounts.

 

Taxes: Government levies might apply to the transaction.

 

Account Type: Specific charges might differ for premier or other account types in both banks. 

 

 

Recommendations:

Check both Bank Alfalah and HBL schedules for accurate and up-to-date charges.

Consider the transfer amount and choose the most cost-effective method.

If you transfer frequently, inquire about bundled packages or account upgrades with waived transfer fees.

 

 

For larger amounts, consider alternative methods like bank drafts or online payment gateways to potentially save on charges.

 

 

By staying informed about the various charges, you can make informed decisions and transfer your funds from Bank Alfalah to HBL efficiently and economically.

 

 

Bank Alfalah to Easypaisa Transfer:

Transferring funds from Bank Alfalah to Easypaisa offers a convenient way to top up your mobile wallet or send money to someone using Easypaisa. Here's a comprehensive breakdown of the details you need to know:

 

 

Transfer Methods:

Alfa App: You can initiate the transfer within the Alfa App by selecting "Mobile Top-up" and choosing Easypaisa as the operator. Enter the recipient's phone number, amount, and PIN to complete the transaction.

 

 

Internet Banking: Log in to your Bank Alfalah online portal, navigate to "Funds Transfer" or "Mobile Top-up," select Easypaisa, enter the recipient's phone number, and amount, and confirm the transaction.

 

 

ATM: Through Bank Alfalah ATMs, go to "Mobile Top-up," choose Easypaisa, enter the phone number, amount, and PIN, and complete the transfer.



Transaction Limits:

Minimum Transfer Amount: PKR 100

Maximum Transfer Amount: Depends on your Bank Alfalah account type and daily limits. Usually ranges from PKR 25,000 to PKR 50,000 per day.

 

 

Bank Alfalah Charges:

Fixed fee of PKR 10 per transaction, regardless of the amount transferred.

Additional taxes might apply as per government regulations.

 

 

Easypaisa Charges: None. Easypaisa doesn't charge any fees for receiving funds from bank accounts.

 

 

Timing:

Transfer Speed: Transactions are usually instant and reflect on the recipient's Easypaisa account within seconds.

 

 

Bank Alfalah to jazzcash Charges:

Transferring funds from Bank Alfalah to JazzCash is a convenient way to top up your JazzCash account or send money to someone using JazzCash. Here's a detailed breakdown of everything you need to know about the process: 

 

 

Transfer methods:

Alfa App: Within the Alfa App, select "Funds Transfer" or "Mobile Top-up," choose JazzCash, and enter the recipient's phone number, amount, and PIN to complete the transfer.

 

 

Internet Banking: Log in to your Bank Alfalah online portal, navigate to "Funds Transfer" or "Mobile Top-up," select JazzCash, enter the recipient's phone number, and amount, and confirm the transaction.

 

 

ATM: Through Bank Alfalah ATMs, go to "Mobile Top-up," choose JazzCash, enter the phone number, amount, and PIN, and complete the transfer.

 

 

Transaction Limits:

Minimum Transfer Amount: PKR 100

Maximum Transfer Amount: Depends on your Bank Alfalah account type and daily limits. Usually ranges from PKR 25,000 to PKR 50,000 per day.

 

 

Bank Alfalah Charges:

Fixed fee of PKR 10 per transaction, regardless of the amount transferred.

Additional taxes might apply as per government regulations.

JazzCash Charges:

For recipients: JazzCash doesn't charge any fees for receiving funds from bank accounts.

For sender (optional): JazzCash offers a "Bill Pay" service where you can pay utility bills or top-up other mobile accounts (non-JazzCash) through your JazzCash account.

 

 

This service has separate charges depending on the bill type and amount. 

 

 

Timing:

Transfer Speed: Transactions are usually instant and reflect on the recipient's JazzCash account within seconds.

 

 

Frequently Asked Questions:

Is there a way to avoid the PKR 10 Bank Alfalah charge?

Unfortunately. The PKR 10 fixed fee applies to all Bank Alfalah to JazzCash transfers, regardless of the amount. However, some alternative methods like direct cash deposits to JazzCash might have different charges. Consider exploring other options if frequent transfers are needed.

 

 

Can I send more than the daily limit to my JazzCash account?

No, exceeding the daily limit set by your Bank Alfalah account is not possible. The limits are in place for security and regulatory reasons. If you need to transfer a larger amount, consider reaching out to Bank Alfalah customer support for assistance with alternative methods.

 

 

What if I don't have the Alfa App or internet banking?

You can still transfer funds from Bank Alfalah to JazzCash through their ATMs. The process is similar to other methods, where you select "Mobile Top-up," choose JazzCash, enter the phone number and amount, and then confirm with your PIN. 

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