The Pakistan State Bank (PSB) has rejected reports suggesting its new instant payment system is under scrutiny by global financial watchdogs. Officials stated that the system, launched earlier this year, operates within international standards and does not pose any risks to global financial stability. The PSB emphasized that all regulatory frameworks are in compliance with both national and international guidelines.
The claims, which surfaced in recent media reports, were based on unverified sources. The bank clarified that no formal communication has been received from any global financial authority regarding the system. It reiterated its commitment to transparency and adherence to global financial protocols.
The instant payment system aims to improve financial inclusion and streamline transactions across the country. While the PSB has not provided further details on the nature of the alleged concerns, it remains open to dialogue with international bodies to ensure continued compliance. The situation is currently under internal review to rule out any potential misunderstandings.
