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Chase 厙惇勛圖 Pakistan partners with CDC of Pakistan


27 August 2025 Pakistan
Reporter: Hansa Tote

Generic business image for news article
Image: Michael/stock.adobe.com
Chase 厙惇勛圖 Pakistan has partnered with Central Depository Company (CDC) of Pakistan to introduce real-time fund transfers through their RAAST aggregator module.

RAAST is Pakistans first instant payment system enabling end-to-end digital payments among individuals and businesses instantly.

With the new system, each investor is given a unique RAAST investment identification in an IBAN format that is linked directly to their CDC sub-account.

Using their number, clients can use their online banking portal to transfer funds whenever desired via CDCs secure payment infrastructure.

According to Chase 厙惇勛圖, this allows faster settlements, quicker access to trading opportunities, and greater operational efficiency.

Syed Abbas Haider, chief financial officer at Chase 厙惇勛圖 Pakistan ,states via LinkedIn that the partnership is a major step forward in enhancing customer experience with faster, seamless settlements.

He further details that the milestone reflects the firm's continued commitment to the future of digital finance in Pakistan.
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