PSW
PSW (Pakistan Single Window) is an electronic portal where using a single-entry point, customers can lodge information and documents related to cross-border trade online and fulfill all import, export, and transit-related regulatory requirements. PSW is a Federal Government initiative led by Pakistan Customs under the provisions of the PSW Act 2021. The PSW system was made to automate Pakistan’s cross-border trade to dump painstaking paperwork and manual processes.
Every bank/business involved in Import/export and trading in Pakistan is connected with the PSW application. It provides comprehensive reporting to accelerate the trading process and saves millions of dollars on cross-border trade. This application is integrated with the State Bank of Pakistan, Pakistan Customs, Federal Board of Revenue, Pakistan Ports, NADRA, and PSW Central Data Server.
We have developed a PSW application for Citibank Pakistan and Deutsche Bank that offers the following notable benefits:
- Contactless/paperless registration process.
- No more sending separate applications to customs and other government departments.
- Risk assessment for customs and government departments to facilitate genuine trade.
- An e-payment system that eliminates the need to visit banks, ports, and OGAs for separate payments.
- Automatic notifications are sent to any government agency if their goods require licenses, permits, certificates, or other documents (LPCOs).
- Users don’t have to visit the bank to open LC. Now the whole process can be done online.
PSW
PSW (Pakistan Single Window) is an electronic portal where using a single-entry point, customers can lodge information and documents related to cross-border trade online and fulfill all import, export, and transit-related regulatory requirements. PSW is a Federal Government initiative led by Pakistan Customs under the provisions of the PSW Act 2021. The PSW system was made to automate Pakistan’s cross-border trade to dump painstaking paperwork and manual processes.
Every bank/business involved in Import/export and trading in Pakistan is connected with the PSW application. It provides comprehensive reporting to accelerate the trading process and saves millions of dollars on cross-border trade. This application is integrated with the State Bank of Pakistan, Pakistan Customs, Federal Board of Revenue, Pakistan Ports, NADRA, and PSW Central Data Server.
We have developed a PSW application for Citibank Pakistan and Deutsche Bank that offers the following notable benefits:
- Contactless/paperless registration process.
- No more sending separate applications to customs and other government departments.
- Risk assessment for customs and government departments to facilitate genuine trade.
- An e-payment system that eliminates the need to visit banks, ports, and OGAs for separate payments.
- Automatic notifications are sent to any government agency if their goods require licenses, permits, certificates, or other documents (LPCOs).
- Users don’t have to visit the bank to open LC. Now the whole process can be done online.
FX DIGITALIZATION
Pakistan Vision of Digital PakistanThe State Bank of Pakistan (practicing the Government of Pakistan’s vision of Digital Pakistan) has launched a Foreign Exchange (FX) Portal for end-to-end digitalization of FX requests. This initiative
provides a fully digitized platform to the business community and individuals in approaching banks for their foreign exchange-related requests. The initiative has transformed FX operations by replacing paper-based requests with electronic submissions, which is efficient and cost-effective. In compliance with the state bank directive, we have made an application in which all documents related to foreign exchange are forwarded with a digital signature.
Through this secure digital environment, banks’ customers can submit cases related to:
- Private and Commercial Foreign Remittances
- International Trade Transactions
- Investments and much more.
FX DIGITALIZATION
Pakistan Vision of Digital PakistanThe State Bank of Pakistan (practicing the Government of Pakistan’s vision of Digital Pakistan) has launched a Foreign Exchange (FX) Portal for end-to-end digitalization of FX requests. This initiative
provides a fully digitized platform to the business community and individuals in approaching banks for their foreign exchange-related requests. The initiative has transformed FX operations by replacing paper-based requests with electronic submissions, which is efficient and cost-effective. In compliance with the state bank directive, we have made an application in which all documents related to foreign exchange are forwarded with a digital signature.
Through this secure digital environment, banks’ customers can submit cases related to:
- Private and Commercial Foreign Remittances
- International Trade Transactions
- Investments and much more.
ePRC ISSUANCE
Electronic Proceed Realization CertificateePRC (Electronic Proceed Realization Certificate) is the digital portal that authenticates/verifies overseas remittances from the processing bank. It’s an end-to-end digital process that connects with the core banking system for the issuance of PRC for the client and third party and its verification from Govt Authorities. Like PSW, it’s also an initiative of the Government’s vision for Digital Pakistan.
We’ve made an automated portal for ePRC issuance and verification for Citibank Pakistan to help customers immediately receive a PRC certificate digitally after being credited with remittance. The application has completely eliminated the need for individuals to visit a branch to process an overseas remittance.
The application is:
- User-friendly.
- End to End encrypted.
- Provides 24/7 availability.
- Secured access to your PRC.
- Statements in a single click.
ePRC ISSUANCE
Electronic Proceed Realization CertificateePRC (Electronic Proceed Realization Certificate) is the digital portal that authenticates/verifies overseas remittances from the processing bank. It’s an end-to-end digital process that connects with the core banking system for the issuance of PRC for the client and third party and its verification from Govt Authorities. Like PSW, it’s also an initiative of the Government’s vision for Digital Pakistan.
We’ve made an automated portal for ePRC issuance and verification for Citibank Pakistan to help customers immediately receive a PRC certificate digitally after being credited with remittance. The application has completely eliminated the need for individuals to visit a branch to process an overseas remittance.
The application is:
- User-friendly.
- End to End encrypted.
- Provides 24/7 availability.
- Secured access to your PRC.
- Statements in a single click.
BIOMETRIC SYSTEM FOR CLIENT VERIFICATION
We’ve developed a Biometric system to verify a person’s data as per the NADRA (National Database & National Authority) database at the time of opening a bank account. The system uses a fingerprint scanner to scan the respective person’s fingerprint against his CNIC number and check if the credentials match the NADRA database. Our application sends the CNIC number and fingerprint of the user in encrypted form to NADRA servers, which decrypt and verify from its database. Then, NADRA sends back the user’s details in encrypted form. The system is secure enough to automatically reject spoof and latent fingerprints, thus preventing frauds like photocopied fingerprints.
BIOMETRIC SYSTEM FOR CLIENT VERIFICATION
We’ve developed a Biometric system to verify a person’s data as per the NADRA (National Database & National Authority) database at the time of opening a bank account. The system uses a fingerprint scanner to scan the respective person’s fingerprint against his CNIC number and check if the credentials match the NADRA database. Our application sends the CNIC number and fingerprint of the user in encrypted form to NADRA servers, which decrypt and verify from its database. Then, NADRA sends back the user’s details in encrypted form. The system is secure enough to automatically reject spoof and latent fingerprints, thus preventing frauds like photocopied fingerprints.
IMAGE-BASED CHEQUE CLEARING
This application replaces the conventional process of physical cheque handling, clears cheques faster, and saves time for bank visits. It’ll allow individuals to deposit an image of a cheque online rather than a paper cheque. Our application will scan the image and process it for inter-bank transactions.
IMAGE-BASED CHEQUE CLEARING
This application replaces the conventional process of physical cheque handling, clears cheques faster, and saves time for bank visits. It’ll allow individuals to deposit an image of a cheque online rather than a paper cheque. Our application will scan the image and process it for inter-bank transactions.