Pakistan Single Window Puts National Customs Data Inside Trade iQ

AKS iQ has entered a formal collaboration agreement with Pakistan Single Window (PSW), the country's national trade facilitation platform, to bring government-endorsed customs data directly into Trade iQ's engine.

Closing The Gap Between Bank And Customs Records

Mis-invoicing, over- and under-declaration, and mismatches between commercial and customs paperwork are among the most common trade-based money laundering techniques, and among the hardest to catch when a bank can only see its own side of the transaction. By connecting to PSW's national data, Trade iQ closes that gap for every bank on the platform, not just for a single institution's own transaction history.

What This Means For Banks On The Platform

• Price verification checks now corroborate against national customs data, not just commercial invoices
• Discrepancies between bank and customs declarations are surfaced automatically, before payment
• The evidence trail behind each alert now includes a government-endorsed data source

The partnership reflects a broader pattern behind Trade iQ's growth: trade-based money laundering is a cross-institutional problem, and the platforms built to catch it work best when they can see across institutional and government data sources, not just inside a single bank's four walls.