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.
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 by Non resident Pakistanis in Naya Pakistan Certificates (NPCs) issued by the Government of Pakistan, in both USD and PKR, at very attractive risk free rates and in both conventional and Shariah-compliant forms. (Click for GoP Notification). On NPC, only a 10% withholding tax on profits is applicable that is full and final. No filling of tax return is required. Resident Pakistanis who have declared assets abroad with FBR can also invest in USD-denominated NPCs. To do so, they can open a Roshan Digital Account in foreign currency by visiting a bank branch in Pakistan. (Click here for details)
|3 M||6 M||12 M||3 Y||5 Y|
|USD (%, Annualized)||5.50||6.00||6.50||6.75||7.00|
|PKR (%, Annualized)||9.50||10.00||10.50||10.75||11.00|
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.
Accounts Available in Both Foreign Currency and Pakistani Rupees
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.
Funds available in the account can be remitted back from Pakistan without any approval from bank or SBP.