Redotpay Crypto remittance – Get Cash in Bank

Contents

    RedotPay recently introduced a home remittance system where select countries can utilize this feature to get fiat (PKR) in bank. In this FAQ, I will explain how this works.
    If you want to know how to use crypto to pay at your local stores and do shopping in Pakistan or withdraw from ATM , please see “How to spend crypto like cash” FAQ Post. If for some reason you can not use RedotPay and want a better alternate which gives cashbacks etc, this Review Video might interest you.

    Send Crypto to Pakistani Bank as Foreign Remittance


    Banks and EMI (Sadapay, Nayapay, Easypaisa & Jazzcash) are supported. Which means you can send Crypto to your own EMI and Banks. Some users may not see an option of sending funds to Bank Account, as it’s being rolled out to everyone gradually. However if you use the Bank option you will need to select a country of residence other than ‘Pakistan’ as reddotpay supports cross country payments only, selecting Pakistan while sending funds to pakistan will give this error message.

    Remittance : The transaction appears as “Inward Foreign Remittance” in your bank statement. The payment is received in your bank with in a few seconds.

    Fee

    Fee : A 2 USDT Flat fee is charged per transaction, although the app shows that it is introductory fee and may be readjusted to 10 USDT eventually.If the amount is $150 or more , the $2 is fee is waived off and the transaction is free.

    USD Conversion Rate

    USD Rate : Inter bank USD/PKR conversion rate is used for the transaction. but be mindful, that the service fee is deducted from the amount you are sending so , let say you try to send 10 USDT and currently the fee is 2 USDT, so the fee will be deducted from 10 USDT and you should calculate the conversion rate on 8 USDT.

    Send Limits

    Receiving Limits : Be very mindful that only send the amount which your EMI can receive. Check your receiving limit to ensure the amount you are sending from RedotPay is within the receiving limits of your EMI.

    Sending Limit : The minimum amount you can send is $10 worth of Crypto. It may vary depending on which crypto asset you select. Some users have an upper limit of $150, while for many there is no sending limit many users have even sent $1000 to their bank and it was received as intended.

    Guide : How to Send Crypto to Bank

    Watch this step by step guide video to know how you can send your crypto assets as foreign remittance to your bank in a seamless, safe and quick way.

    You can sign up using Crypto Awaz referral [code: bvwk7] to get a 20% card rebate. If you want to use Karsa App to withdraw crypto to your local Pakistani Bank , you can do that too. Check out this video.

    If you have more questions please ask us through Crypto Awaz Socials.

    Updated on February 27, 2026
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