Pakistan Post launches new Postal Draft Service for financial service

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Pakistan Post launches new Postal Draft Service for financial service

ISLAMABAD: *Pakistan Post launches new Postal Draft Service for financial service.*

The Pakistan Post has launched the Postal Draft Service (PDS) to further expanded its scope of financial services to cater the needs of urban population and business community.

This is very competitive as the service charges are nominal and the payment is relatively quicker compared to traditional banks, an official of Pakistan Post said.

He said this remittance service operates among Head Post Offices. “It can be used for remittance of money by individuals or organisations” he said. He said that Pakistan Post also offers the Postal Order service. “It is designed to fulfil requirements for small remittances at the nominal commission” he added.

He said that this traditional postal service facilitates prospective students and would be employees to request a prospectus, application forms and other relevant information.

“Pakistan Postal Orders are issued in the denominations of Rs 10, Rs 15, Rs 20, Rs 30 and Rs 50,” he said.