CDC to facilitate Non-Resident Pakistanis (NRP’s) for investment in Roshan Digital Account (RDA)

CDC to facilitate Non-Resident Pakistanis (NRP’s) for investment in Roshan Digital Account (RDA)

Roshan Digital Account is a landmark initiative by the State Bank of Pakistan to facilitate Non-Resident Individual Pakistanis (NRIPs) in opening a digital / online bank account with SBP designated banks. Through this unique account, Non-Resident Pakistanis can avail banking services like remittances & payment of utility bills and also invest in various instruments in Pakistan. For those Roshan Digital Account holders who are interested in investing in the Pakistan Stock Market, CDC will act as the Central Hub by collecting their account information from banks and processing it further to enable them to trade on PSX. CDC will also facilitate the Roshan Digital Account holders in opening their trading account with broker, custody account with CDC and in the creation of their UIN by NCCPL. Click here for more details.