SBP Digital Cheque Clearing PECS NIFT Image Based

SBP LAUNCHES NEW DIGITAL CHEQUE CLEARING SYSTEM (PECS) STARTING OCTOBER 15 🇵🇰💳🏦⚡🚨 In a major structural upgrade to Pakistan’s financial infrastructure, the State Bank of Pakistan (SBP), in collaboration with the National Institutional Facilitation Technologies (NIFT), has officially notified the launch of the Pakistan Express Clearing System (PECS). Beginning October 15, 2026, the central bank…