AI Summary
Kashif Majid shares his personal experience with receiving YouTube AdSense payments in Pakistan, comparing three banks—Meezan, UBL, and MCB—based on deductions and ease of use. He provides a real payment example, explains the deduction rates, and offers practical advice for new YouTubers on choosing the best bank account.
Chapters
Received ₹24,000 from bank but only got ₹22,000 due to deductions, prompting the search for a bank with minimal fees.
Kashif Majid introduces himself and mentions his website kashmir.com for courses and contact.
Shows a June payment of approximately Rs 55,600, with a dollar rate of 285 on July 23, calculating expected amount of 55290, but received more, indicating no deduction.
Meezan Bank is his current bank; opening an account is easy, and after some time, deductions reduce or stop. Initial deduction might be $20.
Opened a UBL account as a beginner; only $500 was deducted for every $100, which was the best for him at the time.
MCB Bank is praised by other YouTubers for low deductions, though he hasn't used it personally.
Advises asking for an 'easy account' at banks, and if questioned about foreign funding, explain it's Google AdSense earnings.
Ranks Meezan Bank first (security, timely payments), UBL second (no deductions for beginners), and MCB third (low deductions).
For Pakistani YouTubers, Meezan Bank is the top choice for high earners, UBL is ideal for beginners due to minimal deductions, and MCB is a reliable alternative. Opening an easy account and clarifying AdSense income can help avoid bank hassles.
Mentioned in this Video
Study Flashcards (4)
Which bank does Kashif Majid currently use for YouTube payments?
easy
Click to reveal answer
Which bank does Kashif Majid currently use for YouTube payments?
Meezan Bank
02:01
What was the deduction rate for UBL Bank per $100?
medium
Click to reveal answer
What was the deduction rate for UBL Bank per $100?
$500
02:38
What is the recommended account type to open at a bank for YouTube payments?
medium
Click to reveal answer
What is the recommended account type to open at a bank for YouTube payments?
Easy account
03:17
What should you tell the bank if they ask about foreign funding?
medium
Click to reveal answer
What should you tell the bank if they ask about foreign funding?
It's Google AdSense earnings
03:31
💡 Key Takeaways
Initial Deduction Shock
Highlights the common problem of bank deductions for freelancers/YouTubers in Pakistan.
00:03Meezan Bank as Top Choice
Provides a concrete recommendation based on personal experience, useful for viewers.
02:01Easy Account Tip
Practical advice for opening a bank account without hassle.
03:17Full Transcript
[00:03] ₹24,000. When I received it from the bank, I got ₹22,000. Whereas very worried and talked to the bank, which the bank has deducted. So I was very surprised that a guy who earns a mere $,
[00:18] first payment. There was great happiness too. But a sadness had also come. But after that I decided that I will choose that bank which deducts the minimum amount so that I get my full payment. So today I am going to tell you
[00:31] from my experience which are the best banks in Pakistan if you want to receive YouTube My name is Kashifi Majid. Please subscribe to this channel. If you want to watch videos related to YouTube and if you want to do our paid courses then there are different
[00:43] courses that we offer. This is our website kashmir.com, you also given. You can contact here also. Let's talk about which banks are the best. So let me show you the payment that I have received this month
[00:55] and how much I have received and how much the bank has deducted from it. So first of all, you can see here how much payment I have received this month, which is approximately Rs 55600 something. Ok? Now this is my mobile from which I record the video
[01:07] application, that is why I have put the picture there. Now I will take you here where our YouTube channel is open, this is our channel. Ok? For this we we select the month of June
[01:20] because my payment was for June. Now the payment I received in the month of June is Ok? It's June 194th and you see $55,000 something has come. Ok? Now the dollar rate of June which I received was on
[01:33] 23rd July. Ok? So the dollar rate on July 23 was 285. So this means I'm going to multiply 285 by 194. 285 * 194 and I have received it was supposed to be 55290. But I have received more than that. This means my
[01:48] bank is giving me extra money. So it is not like that, sometimes it happens that some banks give you very good benefits directly, that is, they do not make any deduction. We banks which charge very high deductions. So basically the bank from which I am
[02:01] receiving now is Meezan Bank and for Meezan Bank I would tell you that opening its account is also very easy and if you people become very old in it then there will be no deduction from your account. If you guys come inside Mizan then it might be
[02:13] possible that your $20 may be deducted in the beginning. But gradually your payments keep getting reduced and your money is not deducted. Now if you see, I have shown you inside Mizan only. But my amount was not deducted. When I
[02:25] money was deducted, I opened my second account in UBL. I got it opened in UBL because I had already talked about what is there there. such deductions do not happen here, so you should get it opened here. So I
[02:38] opened an account through them and I saw there that only $500 was deducted for every $100. Ok? Which was the best for me. But the thing is that slowly and gradually I shifted back to my bank on the basis of some reason in my mind.
[02:50] Mizan is also very good right now. But UBL Bank was the best for me as a beginner. Now the bank which comes at third place is looking to get Google Payments then that is your MCB Bank. A lot of people praise it.
[03:05] I have not used it personally. But I am telling you this after seeing the views of YouTubers which are quite high, that your deduction in this will also be very less. If you want to open a bank account, then you simply go to
[03:17] which is called easy account. If you go and tell them, they will open your account. not know how to open a Cash Bhai account ? So it is very simple, you have to go to the bank and YouTube is to come but they often do not agree. So you have to say that brother, open an easy account
[03:31] first payment comes, they will still harass you and ask where is the payment You don't know about foreign funding. You have to tell me that brother, this is my Google Adsense of the earnings and tell me that all this happens gradually. So
[03:45] they will trouble you a little once, then next time your income will start coming normally. So there are three banks which are the best in my opinion. Meezan Bank comes first. This is because if your income is high then you can
[03:57] order it in this. There is security. There is no issue. Payment comes on time. My payment was released on 22nd July. Then the second best bank is UBL. You do n't get any deduction in that at all. This is for those who are new to UTERS.
[04:10] You guys should open an account in it. Then at third place is MCB Bank. I have say that this also does not cut it. So if you open your account anywhere among these three, can easily receive YouTube payments. Thank you so much for watching. Allah Hafiz.
[04:24] for watching. Allah Hafiz. [Music] A [Music]
