Tr?id=668004583344787&ev=pageview &noscript=1
Hi, I am here to assist you!
Bank Alfalah Freelancer Digital Acount

Overview

A fully digital current account tailored for freelancers, allowing you to receive payments in both PKR and USD without visiting a branch.

  • PKR-based primary account with a concurrent USD Exporters’ Special Foreign Currency Account (ESFCA).
  • Retain up to USD 5,000 per month or 50% of export proceeds in FCY—whichever is higher.
  • Convert USD to PKR anytime at your request, or use USD for digital and freelance-related payments without SBP approval.
  • No minimum balance requirement.
  • Issuance of a Bank Alfalah debit card for both PKR and FCY accounts; cheque book issuance available for PKR accounts.*
  • Free SMS alerts on all transactions and e-Statements.
  • Open your account instantly online via the RAPID portal—no branch visit needed.
  • Withholding tax rates applicable: 0.25% for PSEB-registered IT services; otherwise 1% on export proceeds.

Service charges may apply as per the prevailing Schedule of Charges.

Features & Benefits

Debit Card

Issuance of a Bank Alfalah debit card for both PKR and FCY accounts.

Alfa App & Web

Get daily transaction limit up to 3 Mln with exclusive Alfa App & Web features. Maintain your account without any minimum balance restrictions.

Cheque Book

Cheque book issuance available for PKR accounts.*

SMS Alerts & E-Statements

Free SMS alerts on all transactions and e-Statements.

Dual-Account Advantage

Enjoy a PKR-based primary account alongside a USD Exporters’ Special Foreign Currency Account (ESFCA) for seamless local and foreign currency management.

Flexible FCY Retention

Retain up to USD 5,000 per month or 50% of export proceeds (whichever is higher) in foreign currency.

Easy Currency Conversion & Usage

Convert USD to PKR anytime or use USD directly for digital and freelance-related payments—no SBP approval required..

Instant Digital Account Opening

Open your account online via the RAPID portal without visiting a branch.

Tax Benefits for IT Services

Avail reduced withholding tax rates—0.25% for PSEB-registered IT services; otherwise 1% on export proceeds.

How To Open

01
Initiate Application
Provide your details and select desired banking options available.
02
Provide Documents
Upload copies of your identity and other required documents.
03
Review Process
Allow the bank to verify and process your application.
Account Activation
Receive confirmation of account activation and start banking!
Open An Account

Compare Account

Features Kashtkaar Current Account