--- title: "SBP to launch image-based cheque clearing system from October 15" description: "Most outlets reported the State Bank of Pakistan’s (SBP) launch of the Pakistan Express Clearing System (PECS) as a digital, image-based cheque clearing system starting October 15. They noted the system will replace physical cheque movement with image-based processing and include a pilot phase before a planned nationwide rollout by April 30, 2027. Profit provided additional detail about the timeline, specifying the nationwide rollout date, while BOL News and Pakistan Observer focused on the pilot launch and new rules for the system. Geo News and ProPakistani also highlighted the October 15 start date but did not mention the 2027 rollout." url: https://harzaviya.com/stories/12572-why-your-cheque-will-clear-faster-starting-october-15 site: HarZaviya language: en --- # SBP to launch image-based cheque clearing system from October 15 business · updated 6 Oct 2026, 4:30 PM PKT · 5–6 Oct 2026 · 8 articles from 7 outlets **HarZaviya summary** — how 7 outlets covered this, generated automatically from their headlines and excerpts: > Most outlets reported the State Bank of Pakistan’s (SBP) launch of the Pakistan Express Clearing System (PECS) as a digital, image-based cheque clearing system starting October 15. They noted the system will replace physical cheque movement with image-based processing and include a pilot phase before a planned nationwide rollout by April 30, 2027. Profit provided additional detail about the timeline, specifying the nationwide rollout date, while BOL News and Pakistan Observer focused on the pilot launch and new rules for the system. Geo News and ProPakistani also highlighted the October 15 start date but did not mention the 2027 rollout. ## Same story from 7 outlets Each outlet's own headline, most recent first — read any at its source. - **ARY News (English)** — [SBP announces new digital system for cheque clearing and settlement](https://arynews.tv/sbp-announces-new-digital-system-for-cheque-clearing-and-settlement) · 6 Oct 2026, 4:30 PM PKT > SBP announced the launch of the Pakistan Express Clearing System (PECS) to improve the efficiency of cheque clearing and settlement. - **Pakistan Observer** — [SBP to introduce image-based cheque clearing system from Oct 15](https://pakobserver.net/sbp-to-introduce-image-based-cheque-clearing-system-from-oct-15/) · 6 Oct 2026, 1:31 PM PKT · 81% identical wording to the newest filing > KARACHI – State Bank of Pakistan is set to introduce a new cheque-clearing system under which cheques will be processed… - **BOL News** — [SBP to launch image-based cheque clearing pilot project on Oct. 15](https://www.bolnews.com/business/sbp-to-launch-image-based-cheque-clearing-pilot-project-on-oct-15) · 6 Oct 2026, 1:21 PM PKT · 77% identical wording to the newest filing > SBP launches a pilot for image-based cheque clearing on Oct 15, issuing new rules & procedures for the system. Get key details from BolNews. - **Profit** — [SBP to launch digital cheque clearing system from October 15](https://profit.pakistantoday.com.pk/2026/10/06/sbp-to-launch-digital-cheque-clearing-system-from-october-15) · 6 Oct 2026, 12:30 PM PKT · 83% identical wording to the newest filing > Pakistan Express Clearing System will replace physical movement of cheques with image-based clearing; pilot starts October 15 before nationwide rollout by April 30, 2027 - **Geo News** — [SBP to begin electronic cheque clearing pilot from Oct 15](https://www.geo.tv/latest/685208-sbp-to-begin-electronic-cheque-clearing-from-oct-15) · 6 Oct 2026, 11:44 AM PKT · 82% identical wording to the newest filing > An undated image of a State Bank of Pakistan building in this image. — SBP/FileSBP issues rules, procedures, and operational instructions for PECS.Cheques to be cleared using captured images under new system. Pilot will run in three phases; first, from Oct 15 to Nov 15. - **ProPakistani** — [Why Your Cheque Will Clear Faster Starting October 15](https://propakistani.pk/2026/10/06/why-your-cheque-will-clear-faster-starting-october-15/) · 6 Oct 2026, 9:51 AM PKT · 78% identical wording to the newest filing > The State Bank of Pakistan (SBP) will launch the Pakistan Express Clearing System (PECS) from October 15 to speed up… Read More - **Associated Press of Pakistan** — [SBP set to launch Pakistan Express Clearing System to fast-track cheque clearing, settlement](https://www.app.com.pk/business/sbp-set-to-launch-pakistan-express-clearing-system-to-fast-track-cheque-clearing-settlement/) · 5 Oct 2026, 8:57 PM PKT · 93% identical wording to the newest filing > KARACHI, Oct 05 (APP):The State Bank of Pakistan (SBP), on Monday, announced the launch of Pakistan Express Clearing System (PECS) for reinforcing the digital payments ecosystem and enhancing the efficiency of the existing cheque clearing and settlements mechanism. The new system will be based on the concept of cheque truncation under which cheques will be... 8 articles from 7 outlets, 5–6 Oct 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. --- HarZaviya compares how Pakistani outlets cover the same story. It stores and shows each outlet's headline and a short excerpt, and links out — it never copies article text, and every headline belongs to the outlet that wrote it. It takes no stance on any outlet. Pages: [Top stories](https://harzaviya.com/) · [Latest headlines](https://harzaviya.com/feed) · [Archive](https://harzaviya.com/archive) · [Why](https://harzaviya.com/why) · [Sources](https://harzaviya.com/sources) · [Methodology](https://harzaviya.com/methodology) · [About](https://harzaviya.com/about) · [About the bot](https://harzaviya.com/about-bot) Trackers: [Gold prices](https://harzaviya.com/gold-prices) · [Fuel prices](https://harzaviya.com/fuel-prices) · [Stock exchange](https://harzaviya.com/stock-exchange) Any page on this site is available as markdown: send `Accept: text/markdown`, or add `.md` to the path.