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To facilitate Legal entities incorporated / registered outside Pakistan, ABL is proud to offer ABL- Roshan Digital Business Account. The account will enable entities to open a bank account and manage their finances and investments in Pakistan.

Non-Resident Legal Entities registered or incorporated outside Pakistan!

  • Companies
  • Associations
  • Foundations
  • Limited liability partnerships (LLPs)
  • Societies
  • Trusts
  • Waqfs and /or other similar legal arrangements

  • 100% digital onboarding from anywhere in the world
  • Available in PKR, USD, GBP, and EUR
  • No local deposits are allowed except profit, return or proceeds of sale or maturity of investments allowed by State Bank of Pakistan
  • Account can be fed through foreign remittances only
  • Quick and easy transfer of funds through the account.
  • Available in Current or Savings in both Conventional and Islamic modes.
  • Real-time conversion between Foreign Currency and PKR for all transactions allowed under applicable laws and regulations.
  • No minimum balance requirements, no maintenance fees, and no hidden charges.

Full access to funds with no withdrawal restrictions

Foreign Currency Account

  • Only FCY denominated Government of Pakistan’s registered debt securities.

Pak Rupee Account

  • Registered Debt Securities of Government of Pakistan (e.g. T-bills, PIBs, Sukuk & any other registered securities)
  • Stock Exchange(s) in Pakistan.
  • Mutual funds established & operated by Asset Management Companies
  • Unlisted Shares on stock exchanges(s) in Pakistan.
  • Private funds established & operated by Private Fund Management Company

Legal Entity constituent documents.

Signature scanned on plain white paper

Identity Documents for Governing Body:

  • Original scanned CNIC/ NICOP/ POC/ Passport. All ID documents must be notarized/ Apostille/ consularized.
  • Valid Identity Document of other country (only for foreign nationals). All ID documents must be notarized/ Apostille/ consularized.
  • Proof of non-resident status (only for non-residents Pakistanis)

1.What is the purpose of RDBA?
The Purpose of Roshan Digital Business Account is to enable legal entities which are incorporated and registered outside Pakistan to digitally manage business operations, avail investment opportunities and conduct transactions in Pakistan.

2.Is Islamic Variants being available under RDBA?
Yes, ABL is offering both conventional and Islamic variants under RDBA scheme with current and saving categories.

3. In which currencies can a Roshan Digital Business Account (RDBA) be opened?
Account can be opened in PKR, USD, GBP and EURO.

4. Who is eligible to open a RDBA?

Companies, Associations, Foundations, Limited liability partnerships (LLPs), Societies, Trusts, Waqfs and /or other similar legal arrangements. However, this will not include sole proprietorships or unregistered partnerships.

5.What type of attestation is required for all entity documents?
All entity’s documents must be attested by Consularized or Apostille or Notary Public.

6.Shall I have to obtain any approval for sending funds from my RDBA account to abroad?
No, you don’t require any approval for sending funds abroad.

7.How I will make investment in “The Naya Pakistan Certificate”?
Upon successful opening of your RDBA, you will create password for a dedicated transaction portal from where you can request investments in Naya Pakistan Certificates.

8-What Documents Are Required for Identification of Limited Liability Partnership (LLP) Customers?

  • Limited Liability Partnership Deed/ Agreement
  • LLP-Registration Certificate Issued by Competent Authority in Home Jurisdiction
  • Document Having Details of Partners/ Designated Partners
  • Authority Letter Signed by All Partners, Authorizing the Person(s) to open and operate LLP Account.
  • Any other Equivalent documents may be required depending on jurisdiction of customer’s incorporation/ registration.

9-What Documents Are Required for Identification of Limited Companies/ Corporations Customers?

  • Memorandum & Articles of Association
  • Certificate of Incorporation
  • Resolution of Board of Directors for Opening of Account Specifying the Person(S) Authorized to Open and Operate the Account.
  • Any other Equivalent documents may be required depending on jurisdiction of customer’s incorporation/ registration.

10. Is RDBA repatriable?

This account is fully repatriable, allowing you to easily transfer funds back to your international account.

11. How to perform transactions in RDBA?
Customers can perform transactions through RDA transaction portal.

12. What are requirements for verifying and profiling customers under the framework for remote/digital account opening of Non-resident Legal Entity?

The bank must assess the money laundering/terrorist financing risks posed by the customer and verify their information and constituent documents from reliable sources such as public registers or directly through the online portal/website of the issuing authority. If verification is not possible, notarized/consularized copies of documents can be obtained through the website/application.

Additionally, the bank requires the customer to remit the initial deposits from their bank account with the same title maintained in their home jurisdiction (i.e. customer’s country of incorporation/registration). The bank must also carry out due diligence for each person associated with the customer, including verification of CNIC/NICOP/POC through NADRA Verisys and screening against applicable sanctions regimes.

13. Can a non-profit association open a Roshan Digital Business Account (RDBA)?
A: Yes, non-profit associations are eligible to open an RDBA .

14. Where to contact in case of queries or compliant?
In case of further queries or complaint you can contact us at [email protected]