Prime Minister Imran Khan will inaugurate Roshan Digital Account for overseas Pakistanis here on Thursday (today).
According to a press release, PM Office Media Wing said it would be a major initiative by State Bank of Pakistan together with commercial banks operating in Pakistan.
It said that for the first time in country’s history, NRPs will be able to remotely open an account through an entirely digital and online process without any need to visit a bank branch, embassy or consulate.
— Ministry of Overseas Pakistanis & HRD 🇵🇰 (@mophrd) September 9, 2020
The customer can choose either a foreign currency or rupee dominated account, or both. Funds in these accounts will be fully repatriable, without the need for any regulatory approval.