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Tuesday, September 1, 2009

Zarco Exchange

Company Information

Zarco Exchange international is a forex company based in Lahore, Pakistan.
Company was ranked 2nd largest nationwide after Khanani and Kalia International(KKI).


Company maintained a larrge scale network nationwide as well as in other countries. Company had working relationships with world's active forex companies like Western Union, Pay Pal andWebmoney. Company introduced its own visa travel cheques and some other financial products.


Zarco became second forex company to be bancrupted after Khanani and Kalia in August 2009. Pakistan Finance ministry blamed Zarco in Money Laundering and illegal money transfers to other countries. More than 7000 of its employees had to sit home after company had no legal way to operate even a single office.

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