Roshan Digital Account deposits crossed $800mn: SBP

Muhammad UsmanMultimedia Journalist

01st Apr, 2021. 10:52 pm
Roshan Digital Account

State Bank of Pakistan (SBP) has thanked all the overseas Pakistanis for supporting Roshan Digital Account as its deposits have crossed $800mn, after an inflow of $212mn in March.

SBP tweeted,

“A big thanks to our Overseas Pakistanis! #RoshanDigitalAccount deposits have crossed $800mn, after an inflow of $212mn in March.”

SBP also told that the Inflows have been accelerating every month since the RDA launch in September 2020.

Roshan Digital Account:

State Bank of Pakistan (SBP) with the support of eight major banks in the country launched the Roshan Digital Account project under which Pakistani diaspora could be able to avail the banking facility from a digital payment system and the consumers would be able to open their bank accounts without visiting bank, embassy or consulate.

Under the initiative, the Pakistanis living abroad would be able to operate their accounts without visiting the country and could avail facilities of direct banking, bill payment and other e-commerce facilities.

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