IBFT vs Raast Transfer Cost Estimator
Compare the true monthly cost of sending money by IBFT versus free Raast. Enter your transfer habits and your bank fee policy — the tool shows both costs, the cheapest option and how many Raast transfers a large payment needs.
Monthly comparison
Editable IBFT fee policy
| Free IBFT per month per account (rupees) | |
| Fee rate above free limit (percent per transaction) | |
| Maximum fee per transaction (rupees) | |
| Raast per-transaction guideline limit (rupees) |
This is an estimate based on SBP default rules. Banks set their own schedule of charges — confirm your own bank schedule of charges before relying on this.
How to use
- Enter your typical transfer amount and how many transfers you make each month.
- Enter your total monthly IBFT volume so the free limit is applied correctly.
- Compare the monthly IBFT cost with free Raast, see the cheapest option, and adjust the fee policy to match your bank.
Note: The first 25000 rupees per month per account via IBFT is free under SBP rules; above that each transaction costs up to 0.1 percent or 200 rupees. Raast person-to-person transfers are free, split large amounts into 200000-rupee transfers.
Tips
- Use Raast for person-to-person payments — it is free with no monthly free-limit tracking.
- Spread IBFT use across months if you often cross the 25000 free limit.
- Some banks waive IBFT fees on premium accounts — check your schedule of charges first.
Frequently Asked Questions (FAQ)
What are IBFT transfer charges in Pakistan?
Under SBP rules, IBFT transfers up to 25000 rupees per month per account are free; above that banks may charge up to 0.1 percent or 200 rupees per transaction, depending on the bank.
Is Raast free for transfers?
Raast person-to-person transfers are free, with a guideline limit of 200000 rupees per transaction, so large amounts are split into several free transfers.
How many Raast transactions do I need for a large amount?
Divide the amount by 200000 and round up; the tool does this for your transfer automatically.
Can I change the IBFT fee policy to match my bank?
Yes. The editable fee policy lets you enter your own bank's charges, and the Restore SBP default policy button brings back the official limits.