Raast

Pakistan, Arab Monetary Fund in talks to link Raast, Buna systems to facilitate cross-border payments — officials

Raast is Pakistan’s first instant payment system, while AMF-owned Buna is supported by all Arab central banks
Once linked, the facility will allow speedy transfer of remittances at good rates, lower costs, Pakistani official says

By KHURSHID AHMED · 05 July 2023