Integrating processes with SECP
Reform IDF542
DescriptionSECP is expanding the eZfile platform to integrate with bank systems via real-time data exchange and API connections to enable new companies to open a bank account on the same day as registration at participating commercial banks. This will eliminate the paper-based process and allow online verification of corporate certificates.
DepartmentState Bank of Pakistan - SBP
Jurisdiction / LocationFederal - Entire Pakistan
SectorAll Sectors
Start Date
Target Deadline
Date Enacted
Implementation StatusIn Progress
Progress 30%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence