Skip to main content

Roshan Digital Account for non-resident overseas Pakistanis around the world

Image
By Brain & Beauty

Introduction of online Digital Bank account for overseas and non-resident Pakistanis which is called “Roshan Digital Account”. 

Pakistan has entered into the new era of digitizing the banking systems for non-resident overseas Pakistanis and took the banking system right to their doorstep around the world. The State Bank of Pakistan in collaboration with the commercial banks operating in Pakistan has launched a new initiative “Roshan Digital Account” whereby non-resident Pakistanis / overseas Pakistanis all over the world are being provided an opportunity to remotely open an account in Pakistan through digital and online process without any need to visit in person a bank branch. This process would require only a basic set of information and documents. The banks will complete the necessary procedure in this regard within 48 hours. The Roshan Digital Account will enable the following:- 
👉Provide access to all conventional account services including funds transfer, bill payments for the families of Pakistani diaspora, e-commerce and other payments in Pakistan 
👉Enable investment in specially designed saving instruments for non-resident Pakistanis called “Naya Pakistan Certificates”. These instruments will be available in both Pak rupees as well as US dollars at short and long term tenors with attractive rates of return in both conventional and Sharia compliant forms 
👉Allow non-resident overseas Pakistanis to invest in fixed deposit products offered by banks 
👉Enable the non-resident Pakistanis to invest in Pakistan stock market.  
👉Enable the non-resident overseas Pakistanis to perform residential and commercial real estate related transactions in Pakistan The Roshan Digital Account will be backed by debit and virtual debit cards for both domestic and overseas use. Non-resident  overseas Pakistanis can choose either Rupee-denominated account or a foreign currency account or both. These would be interoperable and enable real time online conversation from foreign currency to Pakistani rupee and vice versa. Funds in the Roshan Digital Account will be fully transferable and can be remitted back from Pakistan without any regulatory approval. A number of Pakistani banks have already enabled this service on their websites. Pakistani community members are encouraged to avail this unique opportunity. 
Kindly directly visit to the websites of commercial banks and utilize this digitize and most convenient facilities in New Pakistan heading towards technology innovation and convenience. 
Following are some of the websites links of Commercial banks. 
3. Bank Alfalah https://www.ubldigital.com/ 
7. Muslim Commercial Bank (MCB) https://mopss.mcb.com.pk/
8. National Bank of Pakistan (NBP) https://www.nbp.com.pk/ 
9. Standard Chartered Bank of Pakistan (SCBP) https://www.sc.com/pk/ 
10. United Bank Ltd. (UBL) https://www.ubldigital.com/ 
 Some of the banks may not have yet activated their services for the Online Roshan Digital Account for overseas non-residents Pakistanis. However, you may visit their website later on and use this state of the art modern facility of New Pakistan.
Labels:

Comments

Post a Comment

Popular posts from this blog

Un-married certificate

By Brain & Beauty
Obtaining Unmarried certificate while living abroad. Some of the Overseas Pakistanis contact Embassies of Pakistan / Consulate General of Pakistan for obtaining unmarried certificate. In fact unmarried certificates are not issued by the Embassies or Consulate General of Pakistan. In Pakistan, every Province, District, Tehsil, Union Council and Marriage Registrar office has its own mechanism to issue such un-married certificates. There are several ways to get it from Pakistan, which are briefly explained for guidance as under:-  1. Normally the un-married certificate is issued by the concerned Marriage Registrar Office (Nikah Registrar) having particulars of the person with his/her name and father name, CNIC/NICOP number and Passport number and clearly mention that the person is unmarried according to their official record. The certificate should be attested from the concerned Union Council and then from the Ministry of Foreign Affairs of Pakistan; and then it should be sent to t...
2 comments
Read more

Pakistani passport for a new born baby?

By Brain & Beauty
How to apply for Pakistani passport for new born baby? 1. First of all you need to register the new born baby in the nearest Embassy/High Commission/Consulate General of Pakistan where the child has born; and to apply for Form S-1 within one year from the date of birth of the child. Click here for detail of S-1 Form. 2. After obtaining the S-1 Form, then you need to apply for the child NICOP online on the NADRA website. Click here for NADRA website. 3. After having the NICOP then you need to apply for the child Machine Readable Passport(MRP). Keep in mind that first passport of the child has to be applied by visiting in person along with child to the nearest Embassy/High Commission/Consulate General of Pakistan. If there is no Embassy of Pakistan in a country where the child has born, then you need to visit the nearest accredited Embassy of Pakistan in another nearby country. 4. If a child is born in Pakistan, then he/she should be register with NADRA in Pakistan by applyin...
2 comments
Read more

How to make your future home in Europe through education?

By Brain & Beauty
Study in Sweden People giving a huge amount of money to agents / human traffickers and adopt an illegal way to go to Europe, wasting their money and putting their lives at risk.  The easiest and legal way to go to Europe is to go for education and later settle there for a better future. Following are different categories of study:- 1.     Ph. d level education 2.     Master Degree level 3.     Graduate level 4.     Undergraduate level 5.     Technical and language courses You will find comprehensive free of cost guidance for each category in the following countries:- 1.  Sweden 2.  Denmark 3.  Norway  4.  Poland 5.  Hungry 6.   Romania 7.  Finland 8.   Czech Republic The above countries offer the cheapest and even some of them completely free of cost education. Some of the c...
3 comments
Read more