Published on, Sept. 29 -- September 29, 2025 9:57 AM

KARACHI: The State Bank of Pakistan (SBP) has clarified social media reports regarding a supposed two-hour delay in digital fund transfers, confirming that all transfers are credited to recipient accounts in real-time.

The two-hour "cooling period" applies only to branchless banking wallets/accounts. While funds are transferred instantly, withdrawals, online purchases, or mobile top-ups from these accounts can only occur after two hours. Introduced in April 2023, the measure allows customers to report suspicious or unauthorized transactions and acts as a safeguard against fraud, given the simpler customer due diligence of branchless banking.

Separately, the SBP's Monetary Policy Comm...