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General Business Archives In respect of shipment on F.O.B. or C & F basis insurance will be arranged by the overseas buyers. Exporters can take out policies only from companies operating in Pakistan, which can be expressed in Rupees or in foreign currency. The maturity proceeds or surrender value of Rupee policies will be paid in Rupees only. In the case of foreign nationals, the remittance of maturity proceeds/surrender value of Rupee policies held by them, can be allowed only with the prior approval of the State Bank as indicated in preceding paragraph 3. Shell General Business Principles In respect of foreign nationals, such insurance covers can be written in Rupees or foreign currencies. However, in cases where foreign currency policies are issued to foreign nationals, premia thereon can be collected in foreign exchange only. To facilitate prompt payment to overseas claimants, the State Bank will consider requests from Pakistani insurance companies for settlement of such c

Best General Business Services In Pakistan Proceeds Certificate in case any amount of claim has been received in cash and the same is being accounted for through the statement of account. Application for remittance of claim under and above, should be made on Form 'M' accompanied by the prescribed declaration (Appendix V-53). Insurance cover on assets outside Pakistan owned by residents of Pakistan can be issued in Rupees or in the currency of the country in which the assets are situated. Discover the impact you could make with a career at Shell. Doing business in a clear, open way is a commitment we work hard to keep, and we promote transparency where possible throughout our industry. Russia Sends Pakistan 4 About Universal Services Universal Services was established in 2009, we aim to become an optimum business enterprise supplying an entire engineering and technical solution provider for the constructio... AlSultan Welfare Trust is an NGO which offers many services to th