Since the launch of #RoshanDigitalAccount Scheme by PM Imran Khan on the 10th Sep, 2020, more than 120,000 accounts have been opened and more than USD 1 billion worth of foreign remittances have been brought in these accounts. #PakistanMovingForward
— Faisal Javed Khan (@FaisalJavedKhan) April 27, 2021
Prime Minister of Pakistan had opened Roshan Digital account for Overseas Pakistanis on 10th September 2020 and now so far 120,000 accounts have been opened in that digital account for foreign remittance from Pakistanis who are living abroad. One week ago this Roshan digital account had reached more than 1 billion US dollars in foreign remittance that boosted our foreign reserves.
Great News for our Overseas as @StateBank_Pak is launching 2 new initiatives under #RoshanDigitalAccount scheme:
1. Roshan Apni Car & 2.Roshan Samaaji Khidmat as we celebrate RDA reaching USD 1 Billion mark. PM Imran Khan ll be addressing overseas Pakistanis on Thurs at 11AM PST— Faisal Javed Khan (@FaisalJavedKhan) April 27, 2021
After the successful initiative of the prime minister of Pakistan for introducing the Roshan digital account to Overseas Pakistanis, PM Imran Khan would address Overseas Overseas Pakistanis on Thursday, revealed by PTI Senator Faisal Javed Khan on Twitter.
For the first time, overseas Pakistanis having Roshan Digital Account can now apply for car financing for their loved ones in Pakistan, available in both conventional & Shariah-compliant forms offering attractive rates with fast processing & delivery:
Earlier there were eight commercial banks attached with Roshan digital account but now many other banks of Pakistan are entitled to provide services on account of foreign remittance which would be deposited by Overseas Pakistanis in Roshan digital account. Most of the inflow in Roshan digital account for remittance is from Gulf countries, USA and UK.
Roshan digital account is a major initiative of the State Bank of Pakistan in collaboration with commercial banks operating in Pakistan. These accounts provide innovative banking solutions for millions of non-resident Pakistanis including non-resident Pakistan origin cardholders, seeking to undertake banking payment and investment activities in Pakistan.
How to open process in digital account
You can open a digital account online without any need to visit any bank branch. You have to provide some basic set of information and documents for completion of all processes with due diligence just within 48 hours.
It has provided all conventional account services including funds transfer bills and fee payments and e-commerce also.
Funds available in the account can be remitted back from Pakistan without any approval from the Bank or from the State Bank of Pakistan.
For more information about Roshan digital account, you may visit the official website of the State Bank of Pakistan,
