The Roshan Digital Account (RDA) is a new banking option for Non-Resident Pakistanis (NRPs) and those with a Pakistan Origin Card (POC). It offers a user-friendly way to manage money, making banking easier for expats. This account is a big step forward in digital banking in Pakistan.
This guide will help expats understand the Roshan Digital Account’s features and benefits. It’s launched by the State Bank of Pakistan. You can open accounts in PKR, USD, GBP, and Euro. Plus, there’s no need for an initial deposit, making it great for investing.
With the RDA, you can do online banking anytime. You get free debit cards and e-statements without visiting a bank in Pakistan. If you’re looking to send money, learn how to do it securely through this trusted banking channel.
Understanding the Roshan Digital Account
The Roshan Digital Account (RDA) is a digital banking service for expats. It lets Overseas Pakistanis manage their money from anywhere. You can use it in PKR, USD, GBP, and EUR, making it easy to keep funds in your preferred currency.
There are different types of accounts to choose from, including current and savings, and Islamic banking options. You don’t need to make an initial deposit. Plus, you get a free debit card and your first cheque book, making everyday tasks simpler.
Using the RDA is easy, thanks to 24/7 internet banking. You can transfer money and pay bills online anytime. It also makes investing in Naya Pakistan Certificates, stocks, and real estate in Pakistan quick and easy. For expats, it’s a great way to grow their wealth and support the country’s economy. Here’s how to open an RDA investment opportunities for expats.
Opening a Roshan Digital Account is simple. You just need to provide some basic documents like ID and proof of income. After applying, you usually get confirmation in 48 hours.
Guide to Roshan Digital Account
To open a Roshan Digital Account, follow these easy steps. You need to provide some documents like your CNIC, passport, and proof of income. The whole process can be done online, saving you a trip to the bank.
It usually takes 15-20 minutes to prepare your documents. After submitting your application, it takes about 48 hours for verification. You can choose from different account types in various currencies. Joint accounts are also an option for those who want to invest together.
Opening an account doesn’t require any initial deposit. You’ll get a free debit card and your first cheque book for free. You can access your money anytime, anywhere through the bank’s online platforms.
When you open an account, you need to transfer at least PKR 10,000. PKR 5,000 of this amount is kept as a security deposit for equity investments. You’ll get updates on your application status and account details via email.
You can invest in different options like Naya Pakistan Certificates and real estate. There are also Shariah-compliant banking options available.
For more information on opening a Roshan Digital Account, visit this link.
Benefits of Using the Roshan Digital Account for Expats
The Roshan Digital Account (RDA) is great for expats. It makes sending money back home easy. You don’t need approval first, which saves time and effort.
It also lets you invest in things like Naya Pakistan Certificates and stocks. This way, expats can grow their money and manage it well.
Customers also get to use cool digital banking tools. These include online bill payments and e-statements. It’s all about making banking easy and convenient for expats. For more info on banking services, check out this comprehensive guide.
