An initiative by the Fawad Yusuf Securities (Pvt.) Limited under the regulatory ambit of State Bank of Pakistan (SBP) and Securities & Exchange Commission of Pakistan (SECP) to facilitate Overseas Pakistanis – the most valuable asset of the country.
Roshan Digital Account is a landmark initiative by the State Bank of Pakistan to facilitate Non-Resident Individual Pakistanis (NRIPs) in opening a digital / online bank account with SBP designated banks. This account can be opened in only 14 clicks, by providing only 6 documents and in just 48 hours. There is no need to visit a bank branch or the consulate/embassy. Through this unique account, Non-Resident Pakistanis can avail banking services like remittances & payment of utility bills and also invest in various instruments in Pakistan.
Fawad Yusuf Securities (Pvt.) Limited was established in 1992. Since its establishment, it has proliferated into one of the most thriving brokerage houses in one of Asia’s top performing markets, the Pakistan Stock Exchange.In the year 2000, the company transitioned into a corporate brokerage house in order to conduct operations more proficiently in Pakistan’s evolving economy. Fawad Yusuf Securities (Pvt.) Limited is managed under Mr. Fawad Yusuf for the past two decades. This has resulted in the company’s reputable business culture of management professionalism, intensive focus on systems, capitalization, and committed responsiveness to every aspect of the client’s needs.
Fawad Yusuf Securities pvt. Ltd is also a member of The Pakistan Mercantile Exchange (PMEX) which provides brokerage facilities in commodities.
For those Roshan Digital Account holders who are interested in investing in the Pakistan Stock Market, CDC will act as the Central Hub by collecting their account information from banks and processing it further to enable them to trade on PSX.
Roshan Digital Account provides an efficient, secure and convenient mechanism for Non-Resident Individual Pakistanis to invest in various instruments including fixed deposit products offered by banks, stocks / equities being traded on Pakistan Stock Exchange, buy Government Bonds and Securities, etc. Moreover, other investment options including real estate, mutual funds and Naya Pakistan Certificates will be made available for investment soon.
Through the Roshan Digital Account, Non-Resident Individual Pakistanis can start investing in the Pakistan Stock Market by taking just the following three steps:
Upon receiving NRIP’s information, FYSL Trade will take the following steps:
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