Roshan Digital Entity Account Overview
The Bank of Punjab is pleased to announce Roshan Digital Entity Accounts, for entities that are
Incorporated/ registered outside Pakistan and
Majority (more than 51%) owned and controlled by Non-Resident Pakistanis (NRPs) and / or Non-Resident Pakistan Origin Card (POC) holders
Following type of entities can open their remote account through digital means
Limited Liability partnership
Limited companies/Corporations
Trusts, Societies Associations, etc.
NGO/NPOs/Charities
Other Similar Legal Arrangements
Product Features
- Offered in PKR and Foreign Currency (USD,GBP,EUR)
- Available in Conventional & Islamic variants
- Available in Current and Saving categories
- No charges on Opening, Closure and maintenance of account
- No minimum balance requirement
- Free E-statement
- Cheque book facility
- Accounts are fully repatriable
- Accounts can be fed by Foreign Inward Remittance originating through banking or legal channels.
- Local credits not allowed, however, proceeds received from permissible investment are allowed.
Documentation:
- Required Documents RDA Entity
- Following additional documents required for each Person associated with the Customer
o Original scanned CNIC/ NICOP/ POC/ Passport (first 2 pages only) or valid Identity Document of other country (only for foreign nationals)
o - Proof of non-resident status, e.g. scanned copy of POC, visa, entry/ exit stamps, etc. (only from non-residents)
- Live photo of the persons authorize to open and operate the account.
- Scanned signatures of the Authorize Signatories
- FATCA forms (If applicable)
- CRS declaration (If applicable)
Account Opening Process
- Click on APPLY NOW button and fill the online AOF.
- Attached require documents and submit the AOF.
- For assistance at any stage of the account opening process, you can contact rda team at rdarm@bop.com.pk
- Account will be opened within 48 hours; subject to completion of all documentation and formalities.
-
KFS