Pakistan High Commission in Ottawa, in collaboration with the State Bank of Pakistan and Bank of Punjab, hosted a comprehensive webinar to engage with the Pakistani diaspora in Canada. The primary focus of the webinar was to educate the community about the Roshan Digital Account (RDA), a digital banking solution designed to facilitate financial transactions between overseas Pakistanis and their homeland.
The webinar featured a panel of experts, including representatives from the High Commission, the State Bank of Pakistan, and Bank of Punjab. The panelists provided detailed information about the benefits of the RDA, such as ease of account opening, secure online banking, and convenient remittance options.
Roshan Digital Account offers a range of features designed to facilitate financial transactions for overseas Pakistanis. These features include remote account opening, allowing users to open accounts online without the need for physical documentation. The account also provides secure online banking access, enabling users to manage their finances conveniently. Furthermore, the RDA offers easy and secure remittance options, allowing users to transfer funds to Pakistan effortlessly.
In addition to these core features, the Roshan Digital Account empowers overseas Pakistanis to invest in Pakistan’s stock market and real estate. This provides an opportunity for them to contribute to the country’s economic growth while earning potential returns. The account also offers attractive tax benefits, making it a financially advantageous option for overseas Pakistanis.
The webinar also highlighted the significant impact of remittances on Pakistan’s economy. In the fiscal year 2023-2024, Pakistan received over $30.2 billion in remittances, with a substantial portion originating from Canada. The RDA has played a crucial role in facilitating these remittances and contributing to the country’s economic growth.
By promoting the Roshan Digital Account, the Pakistan High Commission aims to strengthen the bond between overseas Pakistanis and their homeland, while also contributing to the country’s economic development.
