The Roshan Digital Account will fully integrate the Pakistani diaspora with Pakistan’s banking and payment system, the Ambassador of Pakistan to Belgium, Luxembourg and the European Union Zaheer A. Janjua said in a video message to the Pakistani community based in Belgium and Luxembourg, says a press release received here today from Brussels.
In his special message regarding launching of Roshan Digital Account for the overseas Pakistanis, Ambassador Janjua said that the Roshan Digital Account has been a major initiative of the Government of Pakistan to provide banking facilities for millions of non-resident Pakistanis (NRPs) seeking to undertake banking, payments and investment activities in Pakistan. The Programme has been formally inaugurated by the Honourable Prime Minister of Pakistan Mr. Imran Khan.
Ambassador Janjua said that the Roshan Digital Account has been introduced by the State Bank of Pakistan (SBP), in collaboration with the commercial banks operating in Pakistan. Opening of this account is entirely digital through an online process without any need to visit bank branch, embassy or consulate or Pakiatani mission abroad.
He said that certain basic documents are required to open a Roshan Digital account, once provided the account would be opened within 48 hours. The subscribers have an option to open the account in foreign currencies, Pak Rupee or both, he added.
While elaborating the services available through this account, the Ambassador said that the account will be providing digital access to all conventional account services, including funds transfer, bill and fee payments and e-commerce. The Roshan Digital Account will also enable the overseas Pakistanis to invest in Naya Pakistan Certificates (NPCs) being issued by the Government of Pakistan, at highly attractive risk-free returns on investment.
The Ambassador highlighted that the Accounts will also enable investment in Pakistan’s stock market, besides opening up investment opportunities in real estate, both commercial and residential.
He emphasised that the overseas Pakistanis are the most valuable asset of the country, and providing all possible facilities to them and their families is the top priority of the government.
The Ambassador urged the Pakistani continue community based in Belgium and Luxembourg to continue to play a positive and constructive role in the development of Pakistan.