SBP Denies Outflows From Roshan Digital Accounts

Web Desk — The State Bank of Pakistan (SBP) has denied any outflow of foreign exchange from the Roshan Digital Accounts (RDAs) being maintained by the overseas Pakistanis.

In a tweet on Monday, the SBP rebutted the fake news taking rounds on the social media about large withdrawals from the RDAs and slowdown in inflows.

“So far in April, inflows are very strong at around $86 million there are no abnormal outflows,” said the SBP in the tweet, adding that the inflows have now surpassed $4bn.

What is Roshan Digital Account?

Roshan Digital Account is a banking facility available to Non-resident Pakistanis, this facility allows Pakistani nationals living abroad to have access to banking services within Pakistan without having to visit a consulate, embassy or a physical bank branch.

How to open Roshan Digital Account?

For non-resident Pakistanis kindly visit the following link to open an RDA.
https://www.youtube.com/watch?v=ZjXyTej4cYg