The Allied Bank exchange rate for buying or selling foreign currency, and for foreign currency term deposits, is published through Allied Bank's official Forex Calculator on abl.com — rates move throughout the trading day, so always check the live tool rather than a cached figure.
Allied Bank exchange rate queries usually fall into two buckets: converting currency for travel or remittances, and checking foreign currency deposit pricing for savings. Both are covered below, plus a brief pointer to Allied Bank's investment arm, ABL Funds, and its PSX-listed share price.
Checking the Live Rate
Allied Bank's Forex Calculator, linked from its Home Remittances section, is the authoritative source for live buying and selling rates on major currencies. Because interbank and open-market rates shift daily — and sometimes within the same day — third-party aggregator sites are frequently a step behind; the bank's own calculator reflects the rate actually applied to your transaction.
Foreign Currency Term Deposit Rates
| USD Deposit Tier | 3-Month | 6-Month | 12-Month |
|---|---|---|---|
| Up to $9,999 | 2.50% | 2.00% | 1.75% |
| $10,000–$49,999 | 2.50% | 2.00% | 1.75% |
| $50,000–$99,999 | 2.75% | 2.75% | 2.75% |
| $100,000 and above | 3.00% | 2.75% | 2.75% |
Rates confirmed from Allied Bank's official Projected Rates of Profit, effective August 1, 2026 — GBP and EUR term deposit tiers were listed at 0.00% for the same period.
Remittances
Allied Bank operates a network of Global Remittance Partners for receiving international money transfers into Pakistan, plus a Remittance Tracker tool on abl.com so senders and recipients can follow a transfer's status. Its Sohni Dharti Remittance Program adds an incentive layer specifically for legal, banking-channel remittances.
ABL Funds (Asset Management)
Allied Bank's mutual fund business operates as a separate, wholly owned subsidiary — ABL Asset Management Company, branded ABL Funds — offering a range of savings, income, and investment plans. Customers can view and manage ABL Funds investments directly through the myABL app rather than a separate portal.
Allied Bank's Own Share Price
Separately from currency and fund investing, Allied Bank Limited itself is a publicly traded company on the Pakistan Stock Exchange under the ticker ABL. For CY2025 results, dividend history, and the current PSX: ABL trading range, see PakFinHub's dedicated Allied Bank share price page.
Interbank vs. Open Market Rates
Pakistan operates two related but distinct exchange-rate references: the interbank rate, which banks use for large institutional transactions and which the State Bank of Pakistan publishes daily, and the open-market rate, which reflects retail currency-exchange pricing at banks and licensed exchange companies. Allied Bank's Forex Calculator reflects the rate applicable to your specific transaction type, which may differ slightly from the headline interbank figure reported in the news — always treat the bank's own calculator, not a media-reported rate, as the number that will actually apply when you transact.
Why Foreign Currency Deposit Rates Sit Well Below PKR Rates
The USD, GBP, and EUR term deposit rates shown above are, deliberately, far lower than Allied Bank's PKR savings and term deposit rates — this isn't an ABL-specific pricing quirk but reflects the underlying interest-rate environment in the US, UK, and Eurozone, which run structurally lower than Pakistan's. A depositor choosing between a PKR and a foreign-currency deposit is really choosing between a higher nominal PKR return with currency risk, versus a lower foreign-currency return with more currency stability relative to that currency's own economy — not a straightforward "which rate is better" comparison.
Good For
- Finding Allied Bank's live forex buying/selling rates
- Comparing foreign currency term deposit pricing by tier
- Understanding how ABL Funds mutual funds fit into myABL
- Tracking an incoming international remittance