What is NIFT Pakistan

Please provide here full form of NIFT Pakistan, & tell me which services offered at NIFT Pakistan & which are divisions available at NIFT Pakistan provide here as soon as possible???

[Arun Vats]

National Institutional Facilitation Technologies Pvt Limited was started in September 1995.
NIFT is a joint venture between a consortium of six banks and entrepreneurs from the private sector.

Services:
Automated Clearing

Overnight clearing Including Return Cheque Processing (24 hour Clearing Cycle)
Same Day / High Value Clearing including return cheque Processing (3 hour Clearing Cycle)
Inter City clearing including Return Cheque Processing (48 hour Clearing Cycle)
Countrywide Local US Dollar Clearing (5 day Clearing Cycle)

Clearing Services

Inter-bank Clearing and settlement
Intra-bank Clearing and settlement
Advices for intra-bank and inter-bank Accounting
Direct posting support on media for -returns and inward
Query systems - Software and data enabling large member banks to organize internal
Call centers
NET for Central Bank settlement
Compsite Net for all Clearing Services
Web based inward clearing reports and net position
Score Board showing net positions as the day progress

List of clients:
1 Albarka Bank (Pakistan) Limited
2 Allied Bank Limited
3 Askari Bank Limited
4 Bank Al-Falah Limited
5 Bank Al-Habib Limited
6 Bank Islami Pakistan Limited
7 Bank of Khyber
8 Barclays Bank PLC
9 Burj Bank Limited
10 Citi Bank N.A.
11 Deutsche Bank Asia
12 Dubia Islamic Bank Pakistan Limited
13 Faysal Bank Limited
14 First Women Bank Limited
15 Habib Bank Limited
16 Habib Metropolitan Bank Limited
17 Hong Kong & Shanghai
18 IND. & COMM. Bank Of China Ltd
19 JS Bank Limited
20 KASB Bank Limited
21 MCB Bank Limited
22 Meezan Bank Limited
23 national Bank of Pakistan
24 NIB Bank Limited
25 Oman International Bank
26 Samba Bank Limited
27 Silk Bank Limited
28 Sindh Bank Limited
29 S.M.E Bank Limited
30 Soneri Bank Limited
31 Standard Chartered Bank
32 State Bank N'Nazim Abad
33 State Bank of Pakistan
34 Summit Bank Limited
35 Tameer Micro Finance Bank Limited
36 The Bank of Punjab
37 The Bank of Tokyo Mitsubishi UFJ Limited
38 United Bank Limited


Contact:
NIFT
Kazim Kamal Road,
Jhelum, Pakistan

[MAP]NIFT, pakistan[/MAP]