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Raast – Pakistan’s First Instant Payment System

Experience the fastest way to transfer money with Raast, powered by the State Bank of Pakistan and enabled through Bank Alfalah. Whether you’re an individual, business, or corporate customer, Raast ensures instant, safe, and free payments across Pakistan.

 

Why Choose Raast with Bank Alfalah?

  • Convenient: Use your mobile number as your Raast ID – no need to remember long account numbers.

  • Quick Registration: Simply link your Bank Alfalah account with your mobile number in just a few taps.

  • Free of Cost: Send and receive payments to any Raast-enabled mobile number or IBAN without any charges.

  • Safe & Secure: Raast ensures every payment is authorized, with advanced fraud detection and data protection.

  • Nationwide Acceptability: Works across banks, businesses, and individuals throughout Pakistan.

 

How to Register for Raast?

  1. Via Alfa App / Internet Banking

    • Login to Alfa or Internet Banking

    • Select Raast ID Management from the menu

    • Choose your Bank Alfalah account to link with your mobile number

  2. Via SMS

    • Type Raast and send it to 8287

    • Your mobile number will be linked to your Bank Alfalah account

Once registered, you can start receiving funds directly on your mobile number.

 

How to Send Money with Raast?

  • Login to Alfa / Internet Banking

  • Select Send Money > Raast Payment

  • Choose the account to send funds from

  • Enter the recipient’s mobile number (Raast ID) or IBAN

  • Confirm and transfer instantly – free of cost

 

How to Receive Money with Raast?

  • Simply share your mobile number (Raast ID) linked with your Bank Alfalah account

  • Or provide your IBAN

  • Enjoy free instant transfers, up to PKR 1,000,000 (limits as per your Alfa/IB package)

 

Manage Your Raast ID Anytime

  • Re-link: Switch your Raast ID to another Bank Alfalah account

  • De-link: Temporarily stop receiving funds by disabling your Raast ID

  • Secure Control: All changes can be managed directly through Alfa or Internet Banking

 

Who Can Use Raast?

  • Personal Banking Customers – for quick daily payments

  • Business Banking Clients – to manage vendors, salaries, and collections

  • Corporate Banking Users – for large-scale, instant transactions

 

 With Bank Alfalah, Raast gives you the power of instant, secure, and free payments – making banking simpler than ever.