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Inter Bank Fund Transfers

Inter Bank Fund Transfers

IBFT is a locally and internationally acclaimed concept of transferring funds instantly from one account to another account. In Pakistan, it is done among different (1Link) member banks’ customers, across the country.

The need for IBFT service has grown with increased awareness, education and enhanced lifestyles of people. It not only eliminates the hassle of writing cheques, making Payment Orders (or demand drafts etc.), but also reduces the cost of transaction significantly, while increasing the outreach of customer.

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Most Popular Products

Current Account can be opened in one of the listed currency below with no restriction in the number of withdrawal and deposits.

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Al Baraka Business Plus Account has evolved with time to offer ease, flexibility and a wide range of unmatched free services. This product is specially tailored to match all the daily needs of business class and individual customers.

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Al Baraka Shafqaat Account has been introduced as socially responsible banking services for most valued segments of our society in order for them to make their routine transactions with premium customer support along with healthy return on their investment. Al Baraka is the only full-fledged Islamic bank to offer such account services for the target market mentioned herein. This account comes along with a wide range of free services and benefits.

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Al Baraka Mahana Barkah Account provides regular stream of halaal monthly income for lower and middle group customers with the same convenience and services of a regular savings account.

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