PTI government launches yet another initiative for the overseas Pakistanis

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PTI government launches yet another initiative for the overseas Pakistanis

State Bank of Pakistan has launched the ‘Roshan Digital Accounts (RDA) for Non-Resident Pakistanis’ (NRPs) to enable them to remotely open bank accounts in Pakistan through online digital portals of your bank without physically visiting branches.

Using their Roshan Digital Accounts, NRPs can now avail digital banking facilities, including access to online banking, domestic funds transfer, utility bills, and tuition fee payment in Pakistan, as well as investments in government bills, stock exchange, and the real estate sector with the option of full repatriation.

To make the scheme a success it is imperative that participating banks provide excellent user experience and convenience to prospective and existing customers while maintaining high service standards.

In this regard, the central bank issued instructions for banks to ensure strict compliance. Development of RDA Portals and Mobile Apps

Banks shall continuously endeavor to provide an exceptional and seamless digital experience to their customers via their web portals, mobile apps, and other digital channels.

Bank shall ensure that Data Security and Privacy Assurance Statements, explicitly mentioning all the information/documents and data provided by customers is secure and will not be divulged, are displayed appropriately to ensure customer comfort in this regard.