Standard Chartered and SBP Advance Digital Payments

Standard Chartered Bank Pakistan organized an exclusive session to showcase its leading digital banking platform, Straight2Bank, in collaboration with the instant payment system of the State Bank of Pakistan, RAAST. The event showcased how their integration is transforming business payments through speed, transparency, and digital efficiency.

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Standard Chartered Bank Pakistan recently hosted a client session to highlight its flagship digital platform, Straight2Bank, and its integration with the State Bank of Pakistan (SBP)‘s RAAST system. The session focused on how this collaboration is reshaping business payments by offering instant settlements, greater transparency, and seamless interoperability.

Straight2Bank is a one-stop, secure online platform for corporate clients to seamlessly manage cash, trade, and transactions anywhere across markets. Through its intuitive interface, real-time visibility, and mobile accessibility, the platform enables businesses to track liquidity, tighten financial control, and optimize treasury operations. Enhanced by ERP integration, data-driven insights, and strong cybersecurity, it helps organizations make faster and smarter financial decisions. Through live demonstrations, Standard Chartered showcased how Straight2Bank enables businesses in Pakistan to digitize payment and collection processes efficiently.

Commenting on the collaboration, Uzair Kapadia, Head of Cash Products, Middle East & Africa, said the initiative reflects the bank’s commitment to driving digital transformation and supporting Pakistan’s shift toward a secure, connected, and inclusive digital economy.