KARACHI: The State Bank of Pakistan on Thu­r­sday increased the Curr­ency Transaction Report (CTR) threshold to Rs3 million, effective immediately.

Earlier, the threshold was Rs2m as specified in the Fina­nc­ial Monitoring Unit (FMU) Guidelines for Repor­ting Entities 2021.

Under the revised thr­e­­shold, reporting entities are required to rep­ort only cash transactions meeting the notified amount to the FMU.

Under the Anti-Money Laundering Act 2010, all CTRs must be filed with the FMU immediately, but not later than seven working days after the transaction.

The SBP said compl­ete, accurate and upda­ted information in CTRs filed by regulated entities was essential to dev­elop quality financial intelligence reports.

Published in Dawn, November 13th, 2026