Raast is Pakistan's first instant payment system that will enable end-to-end digital payments among individuals, businesses and government entities instantaneously. The state-of-the-art Pakistan's Faster Payment System will be used to settle small-value retail payments in real time while at the same time provide a cheap and universal access to all players in the financial industry including banks and fintechs. For more information, visit :

How do I register on Raast?

You can conveniently register on Raast via UBL Digital App. Follow the below steps to register: Step 1: Sign into your UBL Digital App Step 2: Click on your profile and select Settings Step 3: Select Raast Management and click on Create Step 4: Select your mobile number and link it with your UBL account You have successfully linked your mobile number to receive payments via Raast

How can I transact using Raast services?

In order to make payments via Raast services, follow the below steps: Step 1: Sign into UBL Digital App and select Payments Step 2: Click on Raast and add a new Payee Step 3: Select Mobile number or IBAN Step 4: Add Raast registered mobile number, enter OTP and proceed to pay

How is Raast different from existing IBFT?

With Raast, you don't need to have a customer account number for receiving payments. You can receive money from anywhere across Pakistan on your Raast registered mobile number in realtime.

Are there any charges on Raast?

Currently, there are no charges on Raast services.

Can I create more than 1 alias?

Currently, a customer can have only 1 registered mobile number associated with the bank account.

What can be used as an Alias?

Use your mobile number to register on Raast services.

How do I delink my existing bank a/c and alias?

Step 1: Login to UBL Digital App and click on your profile Step 2: Select Settings and click on Raast Management Step 3: Click on Delink button and press 'Yes' You have successfully delinked your account to receive payments via Raast. You can register the same mobile number or a new number, through Raast Management in settings.

If I want to change my alias to a new a/c number, what needs to be done?

In order to change the current registered mobile number with a new one, you have to follow the steps to delink the existing account and create a new one. To delink: Step 1: Login to UBL Digital App and click on your profile Step 2: Select Settings and click on Raast Management Step 3: Click on Delink button and press 'Yes' To Register: Step 1: Sign into your UBL Digital App Step 2: Click on your profile and select Settings Step 3: Select Raast Management and click on Create Step 4: Select your mobile number and link with desired UBL account number You have successfully linked your mobile number to receive payments via Raast

Who are the participating banks for Raast?

Following is the list of participating banks for Raast services: Allied Bank Limited Askari Bank Limited Bank Alfalah Limited Bank AlHabib Limited Faysal Bank Limited Habib Bank Limited Habib Metropolitan Bank Limited JS Bank Limited Soneri Bank Limited Standard Chartered Bank Pakistan Summit Bank Limited United Bank Limited

Is Raast also available on Foreign Currency or Corporate Accounts?

No, Raast is only available for single and joint accounts.

If a customer has an OMNI account, will they be able to register Alias and use Raast?

Yes, an OMNI customer will be able to register Alias and use Raast.

If a Beneficairy has deleted their alias, will the transaction be successful?

No, Raast will reject the transaction is Beneficiary has deleted Alias.

Can Remittance be received on Alias?

No, Remittance can’t be received on Alias as SBP gateway is used in Raast.

Is there any limit on transactions on Raast?

No, there is no limit on transactions in Raast. Only the Account type restrictions apply.

Raast Pakistan’s First Instant Payment System

Raast is Pakistan’s first instant payment service that enables end-to-end digital payments among individuals, and businesses across the country by providing a better experience to onboard digital customers.

Your Mobile Number is now your Account Number!

A payment gateway developed by State Bank of Pakistan, provides state-of-the-art Payment System that enables real-time transfer of money with no transaction fees. All you have to do is register your mobile number with UBL Account and instantly receive funds.

Features of Raast

Instant Payments

Send and receive money across individuals, instantly with Raast.

No Transaction Fee

An affordable digital payment option with no transaction charges for customers.

Immediate Transaction Status

With Raast, customers will receive immediate status confirmation on every transaction.

Reliable and Secure

A secure payment system that ensures that each transaction is authorized by the payer, and offer enhanced data protection and fraud detection services.