Pakistan, Oct. 24 -- Askari Bank has partnered with Nium, a Singapore-based cross-border payments company, to enable real-time cross-border payments for Defence Housing Authority Islamabad - Rawalpindi (DHAI-R), enhancing convenience for overseas Pakistanis.

The agreement was signed by Secretary DHAI-R Brig (R) Khurrum Javed and Head Remittances & Emerging Business Treasury Mr. Nasir Hussain in the presence of Mr. M. Iqbal Ghori - CFO DHAI-R & Mr. Aamer Nazir - Head Group Financial Services, Askari Bank and senior executives of both organisations.

The platform integration connects Askari Bank, NIUM and DHAI-R to facilitate seamless payment of property instalments and bills through automated fund routing, real-time reference validation a...