---
title: "Senate committee discusses remittance scheme changes and potential fees"
description: "Most outlets reported on the Senate Standing Committee's discussion regarding the discontinuation of the Pakistan Remittance Initiative (PRI) scheme and its implications for remittance inflows. Daily Pakistan highlighted the potential for overseas Pakistanis to face remittance fees, while Business Recorder focused on the financial aspect, noting that banks may remit USD 800 million to money transfer operators abroad. The framing varied slightly, with one emphasizing the impact on individuals and the other on the institutional financial adjustments."
url: https://harzaviya.com/stories/4892-senate-body-informed-banks-may-remit-usd800m-to-money
site: HarZaviya
language: en
---

# Senate committee discusses remittance scheme changes and potential fees

business · latest filing 26 Aug 2026, 6:20 AM PKT · 25–26 Aug 2026 · 2 articles from 2 outlets

**HarZaviya summary** — how 2 outlets covered this, generated automatically from their headlines and excerpts:

> Most outlets reported on the Senate Standing Committee's discussion regarding the discontinuation of the Pakistan Remittance Initiative (PRI) scheme and its implications for remittance inflows. Daily Pakistan highlighted the potential for overseas Pakistanis to face remittance fees, while Business Recorder focused on the financial aspect, noting that banks may remit USD 800 million to money transfer operators abroad. The framing varied slightly, with one emphasizing the impact on individuals and the other on the institutional financial adjustments.

## Same story from 2 outlets

Each outlet's own headline, most recent first — read any at its source.

- **Business Recorder** — [Senate body informed: Banks may remit USD800m to money transfer operators](https://www.brecorder.com/news/40436560/senate-body-informed-banks-may-remit-usd800m-to-money-transfer-operators) · 26 Aug 2026, 6:20 AM PKT
  > ISLAMABAD: Pakistani Banks are likely to remit around USD 800 million to money transfer operators abroad to facilitate remittance inflows, following the discontinuation of the Pakistan Remittance Initiative (PRI) scheme by the government. This was revealed by Senator Saleem Mandviwalla, while chairing a meeting of the Senate Standing Committee on Finance and Revenue, here on Tuesday. Mandviwall...
- **Daily Pakistan (English)** — [Overseas Pakistanis may face remittance fees as govt ends financial scheme](https://en.dailypakistan.com.pk/25-Aug-2026/overseas-pakistanis-may-face-remittance-fees-as-govt-ends-financial-scheme) · 25 Aug 2026, 9:24 PM PKT · 84% identical wording to the newest filing
  > ISLAMABAD – Important revelations have emerged during a meeting of the Senate Standing Committee regarding the system for receiving remittances sent to Pakistan from abroad. The committee was informed that Pakistani banks pay around $800 million annually to overseas banks for receiving remittances. Senator Saleem Mandviwalla said local banks have to pay hefty charges to […] The post Overseas Pa...

## Part of a bigger story

Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology).

- [Remittances from overseas Pakistanis reach record levels](https://harzaviya.com/stories/2487-overseas-pakistanis-remit-3-63-billion-in-july-up-13-yoy) · 12 Aug 2026 · 12 outlets · 3 developments · 71% related

2 articles from 2 outlets, 25–26 Aug 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

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