It’s no surprise that transaction costs can add up, potentially digging into your savings and making simple transactions a huge pain. So how does one avoid all these costs?

Here’s a simple solution; use Raast for free transfers! 🥳

Raast is an instant transaction system built-in your mobile banking apps, such as SadaPay, HBL, UBL, ABL where transfers from bank to bank happen in real-time - in seconds. ⚡

How much can you save by using Raast for bank transfers 🫵

SadaPay offers free outgoing transfers for both IBFT & Raast, which means we don’t charge any fees on transactions. 😄

However, if you or your friends & family are making a transfer to any SadaPay account using any other banking app, then they’re going to be charged a small transaction fee - especially if they don’t use Raast!

And it's super easy to use too

You just have to make a few extra taps and look for the “Raast” icon on your banking app's dashboard.

Using Raast helps save money as banks typically charge 0.1% fees of the total transaction amount, which can range from anywhere between Rs. 1 to Rs. 200 on outgoing transfers, depending on the amount that’s being sent.

You can simply avoid these fees with Raast transfers!

Oh, and as mentioned in the beginning, Raast is completely free to use, regardless of your transaction size. In the long run, these savings add up, potentially allowing you to save some extra cash. And in today’s economy, extra cash goes a long way 💰

Okay... but do I have to first link my account to a Raast ID? 🤔

Nope, not at all!

You can use your IBAN for free transfers with Raast. You do not need a Raast ID.

It's a common misconception that in order to use Raast, you need to link your phone number with a bank account. Even though Raast IDs are useful, you can simply use your IBANs for sending and receiving a transfer via Raast.

When you’re sharing your account details with someone who needs to make a transfer to your SadaPay account, just share your SadaPay IBAN with them, and ask them to transfer money via Raast.
In order to find your IBAN, all you’re going to have to do is go to the load money tile on the main dashboard, and copy the IBAN from there, as shown above

Join the revolution with Raast. Say goodbye to those pesky hidden fees – and hello to instant, hassle-free transactions 👋


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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Every investment and all trading involve risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.