Raast Pakistan 2026: How to Send Money Instantly Through Bank Apps

Raast is Pakistan’s instant payment system for fast digital transfers between participating banks and payment service providers. It can make person-to-person payments simpler because a customer can use a linked Raast ID, currently a mobile number, instead of sharing a long account number.

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What is Raast?

State Bank of Pakistan describes Raast as Pakistan’s first instant payment system, designed to connect individuals, businesses and government entities through digital payments. Availability depends on the bank or payment service provider. Customers may access it through a mobile app, internet banking, USSD or a branch, depending on what their institution offers.

How to use Raast through a bank app

1. Open the official mobile banking app and sign in securely.
2. Select Raast, send money, payments or the equivalent option.
3. Choose the linked Raast ID or enter the recipient’s bank account details.
4. Confirm the recipient name and amount before authorizing.
5. Enter the app PIN, biometric approval or one-time verification requested by your bank.
6. Save the confirmation and check the transaction history.

The names of menu options may differ between banks. Never follow a payment link received from an unknown person.

Raast ID and merchant payments

A Raast ID links a mobile number with a bank account or eligible payment account. A customer should share only the identifier needed to receive money. Businesses and merchants can ask their bank or payment provider about enabling Raast acceptance for customers.

Safety checklist and FAQs

• Confirm the recipient name before pressing send.
• Never share your PIN, password or one-time password.
• Use only the official bank app downloaded from a trusted app store.
• Keep transaction alerts active and report an unauthorized transfer immediately.
• Keep evidence such as reference number, date, amount and screenshots when raising a complaint.

Is Raast the same as a bank account? No, you need an account with a participating bank or payment provider. Are all banks identical? No, features, limits and channels vary. What if a transfer is pending? Check the app status and contact the bank through its official helpline; do not send the amount again until the first status is clear.

Official sources: SBP Raast FAQs and SBP Raast participation guide.

Important: This guide is for general information and financial education. Product rules, rates, limits, charges and eligibility can change. Always confirm the latest details with your bank or the relevant official authority before applying or transferring money.