Are payments eligible for Pakistan Remittance Initiative (PRI) benefits?

Qualifying diaspora family maintenance remittances are processed through authorized AD category banks, enabling PRI transaction reimbursement incentives where applicable.

Can payments be routed to mobile accounts like Easypaisa or JazzCash?

Yes. Raast interconnects microfinance banks and telecom wallets directly, allowing instant credit to JazzCash, Easypaisa, and SadaPay accounts.

USD to Pakistan Remittances & Business Payouts | SBP Raast Direct | GlobalPayment.live — GlobalPayment

Live Corridor Quoting Engine

LIVE FEED

YOU SEND (USD)

$USD

Platform Meta-Fee (0.19%):$9.5 USD

Guaranteed Exchange Rate:1 USD = 278.4 PKR

Clearing SLA Latency:< 25 seconds

RECIPIENT RECEIVES (PKR)

1,389,355.20PKR

No slippage guarantee. Quoted rate absorbed by GlobalPayment liquidity mesh.

90-Day Rolling Settlement Telemetry

Measured across production payout transactions clearing through SBP Raast P2P & 1Link:

P50 MEDIAN

P90 PERCENTILE

18s

P99 SLA

25s

Regulatory & Clearing Specifications

REGULATORY BODYState Bank of Pakistan (SBP)

CLEARING PROTOCOLISO 20022 pacs.008

TRAVEL RULE STANDARDSBP PRI Remittance Guidelines / IVMS 101

OPERATING HOURS24/7/365

TIER 1 KYC LIMIT$2,000 USD

MAX SINGLE TICKET$30,000 USD

Cross-Border Architecture for Pakistan

1. Domestic Ingress via SBP Raast P2P & 1Link

Rather than routing funds through correspondent banking layers that siphon 2.5% to 4% in foreign nostro fees and take 3 days, GlobalPayment connects directly into Pakistan's domestic central bank switch via Habib Bank Consortium. Funds are injected natively as clean domestic credits.

2. Automated Sanctions & Travel Rule (IVMS 101)

Every transaction undergoes real-time pre-flight AML screening in under 35 milliseconds. Travel Rule payloads conforming to IVMS 101 are generated and cryptographically attached to payments exceeding statutory thresholds, fully satisfying State Bank of Pakistan (SBP) regulations.

3. Zero Nostro Pre-Funding & Bilateral Netting

Fintechs and PSPs integrate our API without locking millions in foreign currency nostro float. Payout balances are funded on-demand via wholesale stablecoin rails (USDC/EURC) or bilateral liquidity netting across 14 sovereign corridors.