KARACHI: May 8, m2023: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s. Mega
Currency Exchange Company ‘B’ (Pvt.) Limited on account of contraventions of the relevant laws and
regulations.
SBP, therefore, banned M/s Mega Currency Exchange Company from undertaking any kindof foreign exchange related business activity from May 3, 2023. The SBP in its order said M/s Mega Currency Exchange Company including its head ffice and branches can no longer undertake any kind of foreign exchange related business activity