Just log in to Online Banking, go to the "Funds Transfer" option and select Inter Bank Funds Transfer

The maximum transfer limit per day is PKR 250,000 and the funds will be transfered instantly upon confirmation of a successful transaction. This service comes to you absolutely free of charge.

For more details on IBFT, please go through the FAQs

The Banks participating in Inter Bank Fund Transfer (IBFT) are:

• Allied Bank Limited
• Askari Commercial Bank
• Bank Al-Falah
• NIB Bank
• Soneri Bank
• Habib Bank Limited
• Bank Al Habib Limited
• RBS
• Bank Islami
• United Bank Limited
• Tameer Micro Finance Bank

Frequently Asked Questions

Q. Whats does the bank charge me to use IBFT service on Online Banking?
Nothing! This service comes to you completely FREE. Does not matter if you use IBFT to transfer funds locally or across cities, this service is entirely free, as is our Online Banking.

Q. Are there any limitations to IBFT on Online Banking?
You can currently use IBFT to transfer only up to PKR 250,000 per day.

Q. What information do I require to do a transaction over IBFT on Online Banking?
You need the following:

• Complete Account number of the beneficiary in the other bank
• Amount that you wish to transfer in PKR

Q. When would IBFT on Online Banking fail?
IBFT may fail due to the following reasons:

• If you have not given the correct details for the beneficiary (including the beneficiary account number or branch code if required).
• If your account that you have indicated for the debit does not have the sufficient clear funds to cover the IBFT requested or has debit restrictions that lead to failure of debit.