Easypaisa to Bank Transfer: Raast & IBFT Guide

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

Quick answer: open the Easypaisa app and tap either Raast (fastest, using the receiver's Raast ID — their mobile number or CNIC linked to a bank account) or Bank Transfer (using the receiver's full account number, works even if their bank isn't Raast-enabled). Both reach virtually every Pakistani bank, including Islamic banks and smaller commercial banks.

Raast vs. Standard Bank Transfer (IBFT)

Easypaisa offers two related but distinct ways to move money into a bank account, and the app treats them as separate options on the home screen. Raast is the State Bank of Pakistan's instant payment system and only needs the receiver's Raast ID; standard bank transfer (IBFT) needs their full account number and routes through traditional inter-bank rails when Raast isn't available or applicable.

Confirmed from Easypaisa's official "Raast Transfer" and "Send Money to Bank (IBFT)" pages on easypaisa.com.pk.

How Do You Send Money via Raast?

1. Open Raast in the app. Log in and tap "Raast" on the home screen.
2. Enter the Raast ID. This is the receiver's mobile number or CNIC linked to their bank account.
3. Select purpose of payment. Choose from the drop-down — Family Support, Business, Personal, etc.
4. Enter the amount and confirm. Review the fee shown, then tap "Send Now."

How Do You Send Money via Standard Bank Transfer (IBFT)?

1. Tap "Bank Transfer" on the app's home screen.
2. Select the receiving bank from the list, or search by name.
3. Enter the receiver's account number carefully — double-check every digit before continuing.
4. Select purpose of payment and optionally enter the receiver's mobile number.
5. Enter the amount and confirm. The app displays the applicable fee before you tap "Next."

Steps confirmed from Easypaisa's official Raast Transfer and Send Money to Bank pages (easypaisa.com.pk).

What Are the Fees?

Standard bank transfers (IBFT) are free of charge up to a monthly aggregated limit of Rs. 25,000 per user. A 0.1% fee (including tax), or Rs. 200 — whichever the schedule specifies — applies to the portion of transfers exceeding that monthly limit.

Update: this conflict is now resolved. Easypaisa management issued an explanatory statement (covered by Daily Ausaf, August 2026) directly confirming that transfers between Easypaisa accounts and transactions through Raast remain free. The fee some earlier reports referenced was for a different transaction entirely: adding funds to your Easypaisa wallet from a linked bank account (2% service fee) or via debit/credit card (3% service fee) — both are money moving into the wallet, not the outbound Raast bank transfer this page covers. As always, treat the fee shown on the app's confirmation screen as the final word for your specific transaction.

IBFT fee confirmed from Easypaisa's official Jul–Dec 2026 Schedule of Bank Charges PDF (easypaisa.com.pk). Raast-fee resolution sourced from Daily Ausaf's August 2026 report of Easypaisa management's official statement, which distinguishes free Raast/wallet-to-wallet transfers from the separate 2%/3% "Add Funds" fees on inbound bank/card top-ups.

Note: this page covers sending money out of Easypaisa to a bank account. If you've seen a claim that a new 2% fee now applies when money comes into your Easypaisa wallet from a bank account, that's a different direction of transfer, and Easypaisa publicly denied it as false on August 10, 2026 — see our Latest News & Updates page for the full clarification.

What Are the Transfer Limits?

Easypaisa applies daily, monthly, and yearly transfer limits based on your account's verification level — a newly opened, minimally verified account has lower limits than a fully biometrically verified one. Exact current limit figures by level are best confirmed inside the app under your account settings, since limits are tied to your specific verification tier and can change.

Why Might a Transfer Fail?

Confirmed from Easypaisa's official Raast Transfer page, which lists these as the stated reasons a transfer may not go through.

What If Money Goes to the Wrong Account?

Contact Easypaisa customer service immediately — see our Helpline & Complaints page for the verified numbers. Recovery is not guaranteed and depends on cooperation from the receiving bank; the sooner you report it, the better the chance of reversal.

Frequently Asked Questions

Good For

• Choosing between Raast and standard bank transfer for a given receiver
• Knowing the actual IBFT fee before you send
• Troubleshooting a failed transfer
• Knowing what to do if money goes to the wrong account

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For independent verification, see State Bank of Pakistan, Easypaisa official site, PACRA.