Karachi Pakistan : UBL organized the official launch ceremony of UBL Currency Exchange, a wholly owned subsidiary of the Bank on
Monday, June 3, 2024 in Karachi. The event was attended by Mr. Jameel Ahmad, Governor, State Bank of Pakistan
(front, third right), Mr. Muhammad Jawaid Iqbal, President & CEO UBL (front, third left) along with senior
executives from SBP & UBL.
United Bank Limited (UBL) is proud to announce the official launch of UBL Currency Exchange, a wholly
owned subsidiary of UBL, marking a significant stride in our commitment to reliability and customer
satisfaction in financial services. Our aim is to offer seamless and secure foreign exchange solutions for
individuals and businesses.
Strategically positioned with 58 outlets (48 Branches + 10 booths) across Pakistan, UBL Currency
Exchange is well-equipped to meet diverse customer needs. The recent launch ceremony, held in
Karachi, was attended by esteemed dignitaries, including Mr. Jameel Ahmad, Governor of the State Bank
of Pakistan (SBP); Muhammad Jawaid Iqbal, President & CEO UBL, and senior team members of UBL
UBL Currency Exchange is proud to have met the State Bank of Pakistan’s directive of establishing 50
branches within a year, setting a new industry standard. Having acquired the infrastructure of the
renowned WallStreet Exchange Company, and with a commitment to customer satisfaction and
compliance, UBL Currency Exchange is dedicated to become a leading provider of foreign exchange and
remittance solutions in Pakistan.
