Step by Step Guide

STEP BY STEP GUIDE TO INSTANT CHEQUE ISSUANCE

1. Visit a Digital Branch
   Visit a designated Askari Digital Branch to request Instant Cheques.
2. CNIC Verification
   Present your CNIC to the branch officer, who will retrieve your account details .
3. Review Applicable Charges
   As per Bank's Schedule of Charges (SOC)
4. Request Processing
   Once you provide your consent, the officer will process your request and print the cheque requisition slip.
5. Signature & Maker Approval
   The officer will verify your signature and approve the request.
6. Checker Approval & Printing
   The signed requisition slip is forwarded to the supervisor staff for final approval, after which your Instant Cheques are printed.
7. Instant Cheque Issuance
   Receive 4 Instant Cheques printed on a single A4-size perforated paper.
8. Additional Cheques
   Need more? Additional Instant Cheques can be issued whenever required.

Why Cheques Remain Essential in Modern Banking

Getting Closer to the Customer!

Despite multiple digital channels, physical paper based cheques remain a critical and mandatory instrument for:

• High-value transactions
• Institutional payments 
• Secure OTC withdrawals

Mandatory Usage of Cheques – Key Use Cases

RTGS (Real-Time Gross Settlement)

• Mandatory cheque-based request for transactions above PKR 100,000
• Used for high-value payments (e.g., corporate / institutional payments)

High-Value Fund Transfers

• IBFT limits: ATM / Mobile App: up to PKR 10 Million
• Transactions above PKR 10 Million require cheque-based instruments

Over-the-Counter Cash Withdrawals

Cheques required for:
• Order cheques
• Bearer cheques
• Personal withdrawal (photo account) cheques
• Used for secure and authorized cash withdrawals at branch

Banker's Cheques / Pay Orders

Required for:
• Tenders
• School / University fee & prospectus
• Recruitment processes

Cheque Issuance – Before vs After Transformation

Getting Closer to the Customer!