1IBFT
Bringing more convenience to the end customers, 1LINK enabled member banks to offer ‘Inter Bank Funds Transfer’. 1LINK is the first entity in Pakistan to launch “1IBFT” – Inter Bank Funds Transfer, a 24/7 real-time service that ensures online transaction processing instantly across different banks. As a further step into innovation, 1LINK launched 1IBFT Over the counter (1IBFT OTC) to facilitate consumers for easy and quick transfer of funds from sender’s bank account and/or handover cash at participating member banks to be transferred to receiver’s account in any bank. Banks are provided with a web interface on the portal provided by 1LINK or they can integrate and consume 1LINK’s provided API in their own banking interface.
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IBFT Payment - Banks
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