Remittances record another daily high in Roshan Digital Account

Syed Umarullah HussainiWeb Editor

14th Dec, 2020. 11:45 am
Roshan Digital Accounts

The Central Bank has said that remittances from overseas Pakistanis into Roshan Digital Account touched another daily high on Monday.

According to the State Bank of Pakistan,

“Inward remittances from overseas Pakistanis into #RoshanDigitalAccount touched another daily high with inflows of $11.2 million on 11Dec20. To this date, total inward remittances into RDA have reached $154.6 million, with $88.7 million invested in Naya Pakistan Certificates.”

According to SBP, Roshan Digital Account is a major initiative of State Bank of Pakistan, in collaboration with commercial banks operating in Pakistan. These accounts provide innovative banking solutions for millions of Non-Resident Pakistanis (NRPs) seeking to undertake banking, payment and investment activities in Pakistan.

It may be recalled that on September 10, Prime Minister Imran Khan had launched the Roshan Digital Account project aimed at providing digital banking facilities to overseas Pakistanis for the first time in the country.


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