Checked · Schedule Jul–Dec 2026
MCB Bank charges 4.4% (min Rs 100) on its debit card and 4% (min Rs 100) on its credit card when you pay in a foreign currency, plus provincial sales tax on that fee. On top comes 0.5% advance tax under Section 236Y (1% for non-filers). Here's what that adds up to, with MCB's own schedule of charges highlighted.
Visa Silver to Signature
Official docSchedule: Jul–Dec 2026
Classic, Gold, Platinum
Official docSchedule: Jul–Dec 2026
Worked examples
At Rs 277.05 per US dollar (market rate, 28 Oct 2026), for a filer with an account in Punjab. The dollar moves every day; the calculator uses today's rate.
| You pay | In rupees | Bank fee | Tax on fee | 236Y | Total | Extra |
|---|---|---|---|---|---|---|
| $5 | Rs 1,385.27 | Rs 100.00min | Rs 16.00 | Rs 6.93 | Rs 1,508.20 | 8.9% |
| $20 | Rs 5,541.10 | Rs 243.81 | Rs 39.01 | Rs 27.71 | Rs 5,851.63 | 5.6% |
| $50 | Rs 13,852.75 | Rs 609.52 | Rs 97.52 | Rs 69.26 | Rs 14,629.05 | 5.6% |
| $100 | Rs 27,705.49 | Rs 1,219.04 | Rs 195.05 | Rs 138.53 | Rs 29,258.11 | 5.6% |
| $500 | Rs 138,527.47 | Rs 6,095.21 | Rs 975.23 | Rs 692.64 | Rs 146,290.55 | 5.6% |
| You pay | In rupees | Bank fee | Tax on fee | 236Y | Total | Extra |
|---|---|---|---|---|---|---|
| $5 | Rs 1,385.27 | Rs 100.00min | Rs 16.00 | Rs 6.93 | Rs 1,508.20 | 8.9% |
| $20 | Rs 5,541.10 | Rs 221.64 | Rs 35.46 | Rs 27.71 | Rs 5,825.91 | 5.1% |
| $50 | Rs 13,852.75 | Rs 554.11 | Rs 88.66 | Rs 69.26 | Rs 14,564.78 | 5.1% |
| $100 | Rs 27,705.49 | Rs 1,108.22 | Rs 177.32 | Rs 138.53 | Rs 29,129.56 | 5.1% |
| $500 | Rs 138,527.47 | Rs 5,541.10 | Rs 886.58 | Rs 692.64 | Rs 145,647.79 | 5.1% |
| You withdraw | In rupees | Bank fee | Tax on fee | 236Y | Total | Extra |
|---|---|---|---|---|---|---|
| $100 | Rs 27,705.49 | Rs 1,246.75 | Rs 199.48 | Rs 138.53 | Rs 29,290.25 | 5.7% |
| $300 | Rs 83,116.48 | Rs 3,740.24 | Rs 598.44 | Rs 415.58 | Rs 87,870.74 | 5.7% |
min the minimum fee applied. Sindh accounts paying a foreign streaming, software or cloud service add 3%.
The receipts
MCB's own documents, with the lines we read highlighted. The taxes on every card come from FBR's rate card and the provincial tax laws.
MCB Bank · Schedule of Bank Charges, July–December 2026 · PDF p.23 of 42 (printed p.21)
“7 · Foreign Transactions — 4.40% of transaction amount or Rs. 100/- whichever is higher on all foreign transactions”
MCB Bank · Schedule of Bank Charges, July–December 2026 · PDF p.24 of 42 (printed p.22)
“…settled either at interbank rate or by purchasing dollar from open market… the bank will settle the transaction at interbank rate.”
MCB Bank · Schedule of Bank Charges, July–December 2026 · PDF p.25 of 42 (printed p.23)
“Foreign Transaction Charges — Rs. 100/- or 4% whichever is higher … settled by purchasing dollar from open market … The difference of open market rate will be charged separately”
Compare
Every card for a $20 card payment, cheapest first (filer, Punjab, Rs 277.05 per dollar).
| Card | Fee | Total for $20 | Extra |
|---|---|---|---|
| 1Zindigi · Visa debit | 1%, tax included | Rs 5,624.22 | 1.5% |
| 2NayaPay · Visa debit | $0.25 flat | Rs 5,649.15 | 1.9% |
| 3Meezan · FCY debit card | 3% | Rs 5,761.64 | 4.0% |
| 4Askari · Ikhlas Visa debit | 3.5% | Rs 5,793.78 | 4.6% |
| 5Allied Bank · Credit card | up to 4% | Rs 5,825.91 | 5.1% |
| 6Allied Bank · Debit card | 4% (min Rs 100) | Rs 5,825.91 | 5.1% |
| 7BankIslami · Debit card | 4% | Rs 5,825.91 | 5.1% |
| 8HBL · Credit card | 4% | Rs 5,825.91 | 5.1% |
| 9HBL · Debit card | 4% | Rs 5,825.91 | 5.1% |
| 10HBL · USD debit card | 4% | Rs 5,825.91 | 5.1% |
| 11Mashreq NEO · NEO debit | 4% | Rs 5,825.91 | 5.1% |
| 12MCB · Credit card | 4% (min Rs 100) | Rs 5,825.91 | 5.1% |
| 13Meezan · Debit card | 4% | Rs 5,825.91 | 5.1% |
| 14NBP · Virtual card | 4% | Rs 5,825.91 | 5.1% |
| 15Raqami · Visa debit | 4% | Rs 5,825.91 | 5.1% |
| 16Bank of Punjab · Debit card | 4.25% | Rs 5,841.99 | 5.4% |
| 17MCB · Debit card | 4.4% (min Rs 100) | Rs 5,851.63 | 5.6% |
| 18Bank Alfalah · Credit card | 4.5% (min Rs 125) | Rs 5,858.06 | 5.7% |
| 19Bank Alfalah · Debit card | 4.5% | Rs 5,858.06 | 5.7% |
| 20Bank AL Habib · Credit card | 4.5% | Rs 5,858.06 | 5.7% |
| 21Bank AL Habib · Visa debit card | 4.5% | Rs 5,858.06 | 5.7% |
| 22Faysal Bank · Noor credit card | 4.5% | Rs 5,858.06 | 5.7% |
| 23UBL · Credit card | 4.5% (min Rs 100) | Rs 5,858.06 | 5.7% |
| 24UBL · Debit card | 4.5% (min Rs 150) | Rs 5,858.06 | 5.7% |
| 25Askari · Credit card | 4.85% | Rs 5,880.55 | 6.1% |
| 26SadaPay · Mastercard | 6% (+Rs 55 up to Rs 800), tax included | Rs 5,901.28 | 6.5% |
| 27JS Bank · Debit card | 4.5% (min Rs 350) | Rs 5,974.81 | 7.8% |
| 28NBP · Debit card | 4% (min Rs 350) | Rs 5,974.81 | 7.8% |
| 29Standard Chartered · Credit card | up to 6% + Re 1/USD | Rs 5,977.68 | 7.9% |
| 30Standard Chartered · Debit card | up to 8% | Rs 6,083.03 | 9.8% |
| 31JS Bank · Credit card | 5% (min Rs 450) | Rs 6,090.81 | 9.9% |
Questions
Debit card (Visa Silver to Signature): 4.4% (min Rs 100) of the payment. Credit card (Classic, Gold, Platinum): 4% (min Rs 100) of the payment. On a $20 card payment by a filer with an account in Punjab, the credit card costs Rs 5,825.91 in total, Rs 284.81 (5.1%) more than the market rate.
Yes. Provincial sales tax is added to the fee, at 15–16% depending on the province of your account's branch. 236Y advance tax of 0.5% (filer) or 1% (non-filer) is charged on the whole amount.
Debit card: 4.5% (min Rs 100) per withdrawal. Taking out $100 with the debit card costs Rs 29,290.25 in all, including tax on the fee and 236Y.
Read directly from the bank's own current schedule. The exact lines are highlighted below, and the full documents are on Jhatka's documents page.
