RDA

Welcome To Bank Alfalah

ROSHAN DIGITAL
ACCOUNT OPENING (For NRPs)


Required Documents

  • Original scanned NICOP/POC/CNIC
  • Original scanned Passport (first 2 pages)
  • Entry/exit stamps
  • Live photo/photo upload
  • Scanned signature (on white page)
  • Proof of profession and Source of Income/Funds (Click Here for details)
  • Zakat Declaration form (if applicable)

Tutorial

Eligibility Criteria

  • Non-Resident Pakistanis
  • Foreign Nationals having Pakistan Origin Card (POC)
  • Employees or officials of the Federal Government or a Provincial Government posted abroad
  • Resident individuals having declared their assets held abroad, as per wealth statement declared in the latest tax return with the Federal Board of Revenue (FBR). (For FCY Roshan Digital account only)

FAQs


Roshan Digital Account is a State Bank of Pakistan driven initiative; in collaboration with commercial banks operating in Pakistan to provide innovative banking solutions for millions of Non-Resident Pakistanis (NRPs) seeking to undertake banking, payment and investment activities in Pakistan.
Non-resident Pakistanis may apply for their Roshan Digital Account with Bank Alfalah at www.bankalfalah.com, whereas resident individual Pakistanis can open their accounts by visiting their closest Bank Alfalah branch.
Bank Alfalah offers Roshan Digital Account in both current and saving variants, which can be opened in the following categories:
(i) Pakistani Rupees (PKR)
(ii) Foreign Currency (FCY), which includes:
• US Dollar (USD)
• Euro (EUR)
• Great British Pound (GBP)
• UAE Dirham (AED)
• Saudi Riyal (SAR)
The following individuals above the age of 18 are eligible for Roshan Digital Account:
• Individual Non-Resident Pakistani Nationals (NRPs) having CNIC/SNIC/NICOP.
• A Non-Resident having Pakistan Origin Card (POC).
• Employees and officials of the Federal Government or Provincial Government posted abroad.
An individual shall be a non-resident individual for a tax year* if the individual —
• is outside of Pakistan for a period of, or periods amounting in aggregate to, 183 days or more in the tax year (July to June); or
• is outside of Pakistan for a period of, or periods amounting in aggregate to, 120 days or more in the tax year and, in the four years preceding the tax year, has been outside of Pakistan for a period of, or periods amounting in aggregate to, 365 days or more.
*In the light of Income Tax Ordinance, 2001. Any person not satisfying these criteria will be considered as a resident individual.
Resident individual Pakistanis can only open Foreign Currency Roshan Digital Accounts at Bank Alfalah by visiting their nearest branch provided they have declared their assets held abroad, as per wealth statement declared in the latest tax return with the Federal Board of Revenue (FBR).
The following documents will be required to open Roshan Digital Account:
• Scanned Copy of Your NICOP/POC OR Scanned Copy of Your CNIC/SNIC and Passport (first 2 pages along with entry/exit stamp pages to establish identity with NRP status)
• Live photo
• Signature (scanned on white page)
• Scanned copies of Overseas Pakistani Foundation (OPF) Card (if applicable)
• Proof of profession and Source of Income/Funds
• CRS form
• FATCA form (if applicable)
• W8ben form (if applicable)
• W9 form (if applicable)
• Zakat Declaration form (if applicable)