Roshan Digital Account is a major initiative of State Bank of Pakistan, in collaboration with commercial banks operating in Pakistan. These accounts provide innovative banking solutions for millions of Non Resident Pakistanis (NRPs) seeking to undertake banking, payment and investment activities in Pakistan.

Digital Banking

For the first time in Pakistan’s history, NRPs are being provided an opportunity to remotely open an account in Pakistan through an entirely digital and online process without any need to visit a bank branch. Opening of the account will require only a basic set of information and documents. Banks have been asked to complete all necessary customer due diligence within 48 hours.

Lifestyle Banking

The Roshan Digital Account fully integrates the Pakistani diaspora with Pakistan’s banking and payment system by:

  • Providing digital access to all conventional account services including funds transfer, bills and fee payments, and e-commerce.
  • Enabling investment in Naya Pakistan Certificates (NPCs) issued by the Government of Pakistan at very attractive risk free rates. On NPC, only a 10% withholding tax on profits is applicable that is full and final. No filling of tax return is required The Shariah Compliant version of NPC will be available very soon.
  • Enabling investment in Pakistan’s stock market.
  • Opening up investment opportunities in the Pakistani property market very soon, including both commercial and residential real estate.

How to open a Roshan Digital Account

  1. Select a Bank
    • Select any of the eight banks for opening an account.
  2. Fill Account Opening Form
    • Go to the selected bank’s website for filling account opening form digitally.
  3. Choose Digital Account Type
    1. Choose the type of Digital Account – a Foreign Currency Account or a Pak Rupee Account.
  4. Upload Documents
    • You will need to upload scanned copies of at least the following documents to open an account:
      •  a)  CNIC/ NICOP/ POC.
      • b)  Passport (Pakistani and/or foreign country).
      • c)  Proof of non-resident status.
      • d)  Proof of profession and source of income/ funds:
        • For salaried individuals: job certificate/ salary slips.
        • For business persons: tax return/ rent agreement/ any other proof of income.
  5. Add Picture
    • You will be asked for a digital photo that would be taken at the time of filling the form and uploaded live.
  6. Receive Confirmation
    • You will get confirmation of account opening within 48 hours.
  7. Transfer Funds
    • After account opening, you can transfer funds in the account through banking channels from the country of your residence.

Foreign and Pakistani Currency

The customer can choose either a foreign currency or rupee-denominated account, or both. For NRPs, these accounts would be interoperable and enable real-time online conversion from foreign currency to Pakistani Rupees and vice versa.

No restrictions on back-remittance

Funds available in the account can be remitted back from Pakistan without any approval from bank or SBP.
Account Setup Process

Governor State Bank of Pakistan about Roshan Digital Account

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