Quick wins for a faster PC:
Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more
SECP has announced digital integrations intended to make corporate bank account opening faster for newly registered companies, including an initiative described as enabling same-day opening. That is not a guarantee: the announcements do not establish that every named integration is live, that every applicant qualifies, or that a bank must approve an account that day. Company incorporation through eZfile and bank approval remain separate processes.
What the eZfile announcement means
eZfile is the Securities and Exchange Commission of Pakistan’s (SECP) online portal for company formation and filings. SECP says company name reservation and incorporation can be submitted online through eZfile or in physical form. It describes the online route as end-to-end digitized and organized into four steps, and provides links to a promoters guide, user-registration information, and an eZfile manual: SECP company registration.
The account-opening initiative is a separate banking step. SECP’s announcements describe secure digital connections that can let participating institutions verify company information more directly and reduce friction. They do not mean that incorporation itself opens a bank account or that SECP approves one.
Which institutions has SECP named?
The following are institutions named in SECP announcements. This is a dated list of announced arrangements, not confirmation that every route is currently operational or a complete roster of live providers.
#1 Best Overall
| Announcement date | Institutions named | What SECP said |
|---|---|---|
| November 5, 2025 | Mobilink Microfinance Bank Limited, Easypaisa Bank Limited, and Raqami Islamic Digital Bank Limited | An MoU described secure API-based integration between eZfile and partner banking platforms, through which same-day corporate account opening “will be enabled.” SECP announcement |
| April 2, 2026 | Askari Bank and NayaPay | SECP announced MoUs intended to make corporate account opening easier and faster. It said directors would have an online option after registration and that eZfile would connect to partner systems for instant company-data verification. SECP announcement |
| September 15, 2026 | Mashreq Bank Pakistan | SECP reported an MoU to enable same-day corporate account opening through digital integration with eZfile. SECP event page |
These releases describe intended capabilities and arrangements. They do not provide institution-by-institution eligibility rules, processing-time ranges, or confirmation that an application submitted through the digital route will be completed the same day.
Why same-day opening is not guaranteed
“Same-day” is the stated aim of the initiative, not a measured result or a universal service-level commitment. SECP’s announcements do not say what proportion of applications finish that day, define a daily cut-off time, or explain how exceptions are handled. A bank’s onboarding and due-diligence checks still apply.
Rank #2
The distinction predates the latest integrations. In February 2021, SECP said banks could retrieve and verify statutory company records from its system in real time, reducing turnaround time and the need to request physically certified documents. That announcement framed portal access as support for bank verification and due diligence—not as automatic account approval. SECP announcement
Outdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchWindows Errors? Fix Them Before They Spread
Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallHow incorporation connects to bank onboarding
1. Register the company through eZfile
SECP’s FAQ says users create an account, sign in to eZfile, and start company name reservation and incorporation either together or separately. After incorporation, a digitally signed certificate is sent by email and can also be downloaded after login. SECP FAQ
Rank #3
2. Keep the FBR step distinct
SECP says company information is forwarded to the Federal Board of Revenue (FBR) for NTN registration; issuance depends on complete and accurate application information. This is an incorporation-related tax-registration process, not bank-account approval. SECP FAQ
3. Apply through the bank’s available route
Once the company is registered, check directly with the institution whether its eZfile-linked application journey is live and available for your company. SECP’s April 2026 announcement describes directors having an online option after registration for the named partners, but does not set out a universal application path or eligibility criteria. SECP announcement
4. Complete the bank’s checks and documentation
SECP issued a standard format for board resolutions to open corporate bank accounts in August 2025. It said the format includes QR-code-enabled digital verification and is intended to promote consistency and transparency and reduce compliance queries. It does not remove a bank’s independent review or other onboarding requirements. SECP announcement
The Tool Desk
Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →What to confirm before choosing an institution
SECP’s releases do not establish the operational or account terms needed to compare these institutions. Ask the bank for current details before relying on a same-day timeline:
Quick Recap
Best Value
- Whether its eZfile-linked route is currently live and which company types or applicants can use it.
- Whether all directors can apply remotely, and what identity-verification steps are required.
- The required board resolution and supporting documents.
- The realistic processing-time range, daily cut-off, and circumstances that trigger manual review.
- How the bank handles foreign directors or shareholders, if relevant to the company.
- Current account fees, features, and any minimum-balance terms.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
