Roshan Digital Accounts has gained the trust of Pakistanis living abroad.
According to SBP statistics, the number of foreign Pakistanis using Roshan Digital Accounts has surpassed 300,000, according to SBP.
Remittances to Roshan digital accounts have surpassed $3 billion, while investments in New Pakistan Certificates have surpassed $2 billion in 16 months, according to the SBP.
Roshan Digital Accounts received $411 million in January 2021, according to the SBP, while remittances totaled $3.16 billion in December 2021.
When it comes to opening a bank account, the first thing that springs to mind is preparing a set of needed papers, filling out the form, signing and thumbprinting it, and going to the consulate if you are overseas and enduring extra effort. included.
Pakistan has implemented a similar system, allowing you to pay your home utility bills and school fees in Karachi, Lahore, or Islamabad while sitting in the United States, Canada, or Dubai.
This means you can now handle your home money in Pakistan from anywhere in the world.
Roshan Digital Accounts will now enable non-resident Pakistanis to open digital and internet accounts without having to visit a Pakistani bank branch, embassy, or consulate overseas using Roshan Digital Accounts. This procedure can be finished in as little as 48 hours.
Customers can open an account in either foreign currency or Pakistani rupees, or both.
Funds will be moved in full to these accounts without the need for regulatory permission.
It should be noted that there are over 9 million Pakistanis residing abroad who pay $23 billion in remittances to Pakistan each year to sustain their families.
