This major step, implemented alongside existing biometric verification, aims to strengthen national security and ensure greater financial transparency.

The directive, issued through an SBP circular, follows instructions from the Ministry of Interior and Narcotics Control, which has now made facial recognition a compulsory component of all biometric verification services provided by NADRA. The new dual-biometric requirement will come into effect from January 1, 2026.

Exchange companies have been instructed to immediately begin preparing the necessary technical infrastructure, administrative systems, and staff training to ensure smooth implementation before the deadline.

Also Read: Govt launches online fingerprint and facial verification for passport applications

Why Facial Recognition Is Being Added

Currently, exchange companies authenticate customers through NADRA’s real-time biometric system, which verifies fingerprints and thumb impressions before any foreign exchange transaction is processed. They are also required to maintain CCTV footage for at least six months.

The addition of facial recognition marks a shift towards a more uniform and foolproof verification system, aimed at reducing:

• Identity theft
• Fraudulent currency transactions
• Illegal foreign exchange movements
• Fake biometric match attempts

Officials from exchange companies say that while the current verification system is robust, the introduction of facial scans will significantly enhance accuracy and eliminate loopholes that criminals may exploit.

According to experts, implementing dual biometrics will also support Pakistan’s commitments under global anti-money laundering frameworks such as FATF, helping ensure better monitoring and traceability of foreign currency flows.