 | |
Native name | روشن ڈیجیٹل اکاؤنٹ |
|---|---|
| Company type | Digital banking facility for Overseas Pakistanis |
| Founded | September 2020 |
| Services | see below |
| Owner | Government of Pakistan |
| Parent | State Bank of Pakistan |
| Website | www |
Roshan Digital Account (RDA) (Urdu روشن ڈیجیٹل اکاؤنٹ) is a facility available to non-resident Pakistanis, this facility allows Pakistani nationals living abroad to have access to banking services within Pakistan without having to visit a consulate, embassy, or a physical bank branch. The initiative was launched by the government of Imran Khan, who inaugurated the programme in September 2020.[1] Toward the end of August 2021, RDA deposits had exceeded $2 billion .[2]
The RDA banking process is entirely digital with accounts setup and operated online. The facility has simplified procedures for opening an account compared to the challenges non-resident Pakistanis faced in accessing banking services before this facility was available. The account can be set up within 48 hours.[3]
- ^ "PM Imran to launch Roshan Digital Account today". www.thenews.com.pk.
- ^ "Funds received through Roshan Digital Account have crossed $1 billion: PM".
- ^ "Roshan Digital Account: A groundbreaking investment initiative facilitating foreign investors". The Express Tribune. November 25, 2020.