Just had MOL local guy on call and requested him whether they can accept MBL as Freight Collect but they declined our request and informed that Encashment certificate will be necessary as per State Bank of Pakistan rules which we are unable to furnish.
Moreover they informed that you need to request MOL POL office to get this done else they will not be able to release delivery order for this shipment.
Please check with MOL POL office and get this done.