Money Transfers

Abhi Bank Raast & IBFT — How Transfers Work

Confirmed IBFT fees and limits, the Bank's Raast merchant partnership, and what's not yet confirmed for personal Raast transfers.

• IBFT: 0.1% or Rs. 200, Whichever Lower
• Last Verified: Sep 4, 2026

Written & reviewed by Dildar Hussain — 10+ years in Pakistani banking, BS Banking & Finance (NUML University)

Abhi Raast/IBFT, direct answer: Abhi Microfinance Bank supports IBFT (Inter-Bank Funds Transfer) to any other Pakistani bank, priced at 0.1% of the amount or Rs. 200 — whichever is lower — and free below a Rs. 25,000 monthly threshold. On Raast specifically, the Bank has a confirmed merchant-side partnership with 1LINK for Raast QR payments, but we could not confirm from an official source whether individual customers can register a personal Raast ID for peer-to-peer transfers the way some other banks' apps allow.

IBFT — Sending Money to Another Bank

This applies whether you're sending from a branch account or the ABHI Pay / ABHI Bank wallet — the Branchless Banking Schedule of Charges confirms the same IBFT rule covers both. Borrowing wallet accounts also get 2 free IBFTs up to Rs. 50,000 a year as a built-in perk on top of the standard rule.

Confirmed directly from Abhi Microfinance Bank's official Branch Banking and Branchless Banking Schedules of Charges. Full fee context on our Profit Rate & Charges page.

IBFT Complaints & Turnaround Time

If an IBFT transfer goes wrong — money not received, wrong amount, duplicate transfer — call the same (042) 111-111-562 helpline used for general complaints. Resolution turnaround depends on the transfer type: an internal (within-Abhi) fund transfer is resolved by the next working day, while an IBFT complaint takes up to 3 working days. File the complaint the same day as the transaction and the Bank logs the dispute for settlement the next working day. For IBFT disputes specifically, expect your sender information to be shared with the receiving bank — that's a standard SBP obligation across all banks, not something specific to Abhi.

Confirmed directly from Abhi Microfinance Bank's official Complaints and Suggestion page. Full complaint process on our Helpline & Complaints page.

Raast — What's Confirmed, What Isn't

Not confirmed — personal Raast ID transfers: Several other Pakistani banks let individual customers register their mobile number as a personal Raast ID inside the banking app, then send or receive money using that ID instead of a full account number or IBAN. We looked for equivalent language on Abhi's official channels and in the ABHI Bank app's public description, and couldn't confirm this feature exists for Abhi's retail customers as of this page's last verification. That doesn't necessarily mean it's unavailable — banking apps add features between site updates — but we're not going to state it as fact without an official source. If this matters for you, check directly inside the ABHI Bank app or call the helpline.

1LINK partnership confirmed from Abhi Microfinance Bank's official press release, June 17, 2026 — see our Latest News & Updates page. Absence of personal Raast ID confirmation reflects a search of Abhi's official channels as of this page's last verification, not a claim that the feature doesn't exist.

Good For

• Checking the exact IBFT fee before sending money to another bank
• Understanding what Abhi's Raast partnership actually covers today
• Knowing what to do if an IBFT transfer goes wrong
• Avoiding the assumption that every bank's Raast feature set is identical

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For independent verification, see State Bank of Pakistan.