Introduction
Opening a bank account from abroad has never been easier thanks to Pakistan’s innovative digital banking platform. The Roshan Digital Account abroad allows overseas Pakistanis to manage their finances, invest in Naya Pakistan Certificates, and conveniently transact without visiting a local branch. This guide, Part III of our series, walks you step-by-step through the process, making it simple even if you’re new to online banking.
What is Roshan Digital Account?
Roshan Digital Account (RDA) is a Pakistan government initiative aimed at making banking easier for overseas Pakistanis. It allows users to:
Open and manage a Pakistani bank account from anywhere in the world.
Invest in government-backed instruments like Naya Pakistan Certificates.
Send and receive money with full transparency and security.
Access banking services through mobile apps and online platforms.
Caption: Roshan Digital Account enables hassle-free banking for overseas Pakistanis.
Alt Text: Roshan Digital Account dashboard showing account options
Benefits of Opening a Roshan Digital Account Abroad
Convenience: Manage your account without visiting Pakistan.
Investments: Access high-return government schemes.
Currency Flexibility: Operate in multiple currencies like USD, GBP, and EUR.
Remittances: Send money to family and friends directly.
Tax Benefits: Transparent and legal investment options for overseas Pakistanis.
Caption: Enjoy financial flexibility and investments through RDA.
Alt Text: Overseas Pakistani managing Roshan Digital Account online
Step-by-Step Guide to Open Roshan Digital Account Abroad
Step 1: Choose Your Bank
Several Pakistani banks provide Roshan Digital Accounts, including:
Habib Bank Limited (HBL)
MCB Bank
UBL (United Bank Limited)
Bank Alfalah
Standard Chartered Pakistan
Select a bank based on your preferred services, currency options, and customer support.
Caption: Choose the bank that suits your needs before opening RDA.
Alt Text: List of Pakistani banks offering Roshan Digital Accounts
Step 2: Visit the Official Bank Website
Go to your chosen bank’s official website. Look for the Roshan Digital Account section. Most banks provide an “Open Account” button for overseas Pakistanis.
Tips:
Ensure you are on the official website to avoid scams.
Keep your valid international passport ready.
Caption: Official bank websites simplify the account opening process.
Alt Text: Online portal to open Roshan Digital Account
Step 3: Fill in the Online Application Form
Provide your personal and contact information:
Full Name (as per passport)
Passport Number
Date of Birth
Contact Number & Email Address
Country of Residence
Double-check the accuracy of all details to avoid delays in approval.
Caption: Accurate information is crucial for smooth account approval.
Alt Text: Completed Roshan Digital Account online application form
Step 4: Upload Required Documents
You will need:
Valid Passport
CNIC/NICOP (for Pakistani citizens)
Proof of overseas address
Recent photo (as per bank guidelines)
Some banks may also ask for proof of income or tax declaration depending on investment plans.
Caption: Keep all documents ready before starting the application.
Alt Text: Uploading passport and CNIC documents for RDA
Step 5: Choose Your Account Type and Currency
Roshan Digital Account allows you to open:
Current Account – for regular banking and transactions
Savings Account – earn interest on deposits
Investment Account – for Naya Pakistan Certificates
Select the preferred currency (USD, GBP, EUR) and account type during application.
Caption: Decide the account type and currency that fits your financial needs.
Alt Text: Options for account type and currency in RDA application
Step 6: Verification Process
Banks will verify your details. This can include:
Video verification call
Email or phone confirmation
Review of submitted documents
Once approved, you’ll receive confirmation with your account details.
Caption: Verification ensures secure and compliant banking.
Alt Text: Roshan Digital Account verification call with bank representative
Step 7: Fund Your Account
After approval:
Deposit funds via wire transfer, debit card, or online transfer.
Monitor the deposit in your account dashboard.
Now, your Roshan Digital Account is ready for transactions and investments.
Caption: Fund your account to start transacting and investing.
Alt Text: Fund transfer to Roshan Digital Account
Investing Through Roshan Digital Account
One of the main benefits is Naya Pakistan Certificates (NPCs). These government bonds offer:
Attractive returns
Tax-free interest
Multiple tenures (3 months, 6 months, 1 year, etc.)
You can buy NPCs directly from your Roshan Digital Account dashboard.
Caption: Naya Pakistan Certificates provide secure investment options.
Alt Text: Dashboard showing NPC investment options in Roshan Digital Account
Tips for Smooth Banking
Use strong passwords and two-factor authentication.
Keep digital copies of all uploaded documents.
Update your overseas contact details regularly.
Regularly check notifications for investment or account updates.
Caption: Follow security tips to protect your RDA account.
Alt Text: Two-factor authentication for online banking security
Common FAQs
Q1: Can I open a Roshan Digital Account from any country?
Yes, RDA is available for overseas Pakistanis in almost all countries, subject to bank regulations.
Q2: How long does account approval take?
Typically 3–7 working days after submission of documents.
Q3: Can I invest in multiple currencies?
Yes, you can choose to operate in USD, GBP, or EUR depending on bank offerings.
Q4: Are there fees for opening RDA?
Most banks offer free account opening, though service charges may apply for specific transactions.
Q5: Is RDA safe for overseas investments?
Absolutely, it’s a government-backed account with full regulatory compliance.
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