The State Bank of Pakistan (SBP) launched Raast ID to create an instant digital payment system that transformed Pakistan’s financial sector. Users of Raast ID can link their bank accounts to mobile numbers for fast, secure, and inexpensive transactions, eliminating the need for extended account information.

This article provides detailed instructions for Raast ID account linking that enables easy transactions with your bank account.

Step-by-Step Guide to Linking Your Raast ID with Your Bank Account

Users can complete ID registration through mobile banking apps, internet banking, or by visiting any bank branch.

Method 1 – Via Mobile Banking App

Users from Pakistan can access mobile banking applications offered by most financial institutions to generate their Raast ID. Follow these general steps:

Step 1: Log in to your Mobile Banking App

• Launch and open the mobile banking application that belongs to your bank.
• Type your username and enter your password to proceed with login.

Step 2: Select the Raast ID Registration Section

• Users must search for the Raast ID section among the available options.
• The option for Raast ID registration is typically located in the sections named Transfers, Payments, or Digital Banking Services.

Step 3: Select ‘Register Raast ID’

• Click on the “Register” button.
• Select your bank-linked mobile number from the available options.

Step 4: Choose Your Bank Account

• Choose the bank account from your selection that you want to pair with your Raast ID.
• During the process, you can select a single bank account from the list of available accounts to function as your primary payment account.

Step 5: Confirm the Registration

• An authentication code through the One-Time Password (OTP) service will be sent to your registered mobile number.
• Type the received OTP and accept the registration request.
• The system will notify you of successful Raast ID linking.

Your Raast ID is not connected. The Raast ID operates as your mobile number to receive payments directly into your account.

Method 2: Via Internet Banking

If you do not use mobile banking apps, you can also register for your Raast ID through Internet banking.

Step 1: Visit your bank’s official website and log in to it.

• Open your bank’s official site after logging in with your authentication details.

Step 2: You need to enter the Raast ID Section

• Navigate to the Payments/Transfers section.
• Select Raast ID Registration.

Step 3: Link Your Mobile Number

• Select the mobile number that is connected to your bank account.
• Choose the bank account that you wish to register for the Raast ID.

Step 4: Confirm Registration

• To finish the procedure, enter the OTP that your bank sent to your mobile phone.
• A successful registration confirmation will appear after you submit your Raast ID linking.

Method 3: Visit a Bank Branch

Opting out of online registration gives you the option to visit your bank for manual registration.

Step 1: Visit the Nearest Branch

• Arrive at the closest branch of your bank bearing your national identity card and registered mobile number.

Step 2: Request Raast ID Registration

• Request the bank representative to assist you with Raast ID linking at their bank.

Step 3: Provide Required Details

• Complete the registration form for Raast ID services.
• After typing your mobile number and choosing your bank account, you should submit.

Step 4: Receive Confirmation

• The processing of your request leads to confirmation through SMS when the Raast ID registration is completed.

How to Transfer Money Using a Raast ID?

The Raast ID becomes available after linking the account. Here’s how:

Via Mobile Banking App

1. Go into Fund Transfers inside your bank’s mobile application.
2. Select Raast Payments.
3. You should type the recipient’s Raast ID, which is their mobile number
4. Proceed to enter the payment amount before executing the transaction.
5. The instant money transfer occurs without any associated fees.

Via Internet Banking

1. Authenticate yourself through the internet banking portal.
2. Select Raast Payment Service.
3. Enter the recipient’s Raast ID.
4. Users can confirm the payment through the system to initiate an immediate transaction completion.

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Final Thoughts

The Raast ID makes digital payments in Pakistan better than ever. It offers users zero-cost transactions combined with instant fund transfers throughout a smooth user journey that provides users with effortless payment capabilities.

People who have not registered can use this step-by-step procedure to connect their mobile number for secure instant transactions.