Pakistan Single Window (PSW) is a newly launched trade system in Pakistan that has been inaugurated to facilitate trade and transport. The system aims to provide a single entry point for all export, import, and transit-related regulatory requirements, enabling all economic operators, including importers, exporters, customs agents, shipping agents, transporters, and others to be connected with relevant government departments. In this article, we will discuss what PSW is, how to register for it, and what benefits it offers to its subscribers.
What is Pakistan Single Window (PSW)?
PSW is an information and communication technology-based facility that allows persons or entities involved in trade and transport to lodge standardized information and documents with a single-entry point to fulfill import, export, and transit-related regulatory requirements in Pakistan. PSW aims to reduce the time and cost associated with trade-related processes, ultimately making cross-border trade more efficient and cost-effective.
How to Register for PSW?
Registering for PSW is a straightforward process that can be completed in a few simple steps.
Here’s a step-by-step guide to help you through the registration process:
- Go to the official website of PSW at https://www.psw.gov.pk and click on the subscribe button.
- Accept and read the terms and conditions and press the proceed button.
- Enter your NTN, CNIC, and mobile number. A One Time Password (OTP) will be shared on email and login credentials. The cell number will be verified by Pakistan Mobile Number Portability Database (PMD) and will be used for two-factor authentication.
- Deposit the non-refundable subscription fee by creating an online payment slip ID.
- Authentication and verification will be done through OTP.
- Biometric verification will then complete the subscription. This can be done at any nearest e-sahulat franchise.
Benefits of Subscribing to PSW: Subscribing to PSW offers several benefits, including:
- Ease of Doing Business: PSW aims to simplify trade-related processes, making it easier for businesses to comply with regulatory requirements and facilitating the movement of goods across borders.
- Cost-Effective: The system’s automation and digitization reduce the need for manual processes, ultimately reducing the cost of doing business.
- Time-Saving: By providing a single entry point for all trade-related regulatory requirements, PSW eliminates the need for businesses to visit government offices time and again, ultimately saving time.
- Value-Added Benefits: PSW offers several value-added benefits, such as real-time status updates on the clearance of goods, minimizing the risk of cargo theft or loss, and reducing the time required for inspections.
Conclusion:
Pakistan Single Window (PSW) is a game-changer in the field of cross-border trade. By providing a single entry point for all import, export, and transit-related regulatory requirements, the system aims to simplify trade-related processes, reduce costs, save time, and facilitate the movement of goods across borders. Registering for PSW is a simple and straightforward process that can be completed online. By subscribing to PSW, businesses can enjoy several benefits, including ease of doing business, cost-effectiveness, time-saving, and value-added benefits.
