Raast: how Pakistan's free instant payment system works
Raast is the State Bank of Pakistan's instant payment system. Send money between banks in seconds using a mobile number as your Raast ID.
Raast is Pakistan's instant payment system, built and run by the State Bank of Pakistan (SBP). The word raast means "direct" in Urdu.
What Raast does
- Sends money between different banks and wallets in seconds
- Works 24/7, including weekends and holidays
- Person-to-person transfers are free for customers
Your Raast ID
Instead of a long account number or IBAN, you can link your mobile number to your bank account. That number becomes your Raast ID, and people can pay you with it.
How to set it up
- Open your bank's mobile app.
- Look for Raast or Raast ID in the menu.
- Link your registered mobile number to the account you want.
Staying safe
- Never share your PIN, password or one-time code with anyone.
- Check the receiver's name on screen before you confirm a payment.
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