Pakistan’s flagship overseas banking initiative, Roshan Digital Account (RDA), continued to demonstrate resilience in November 2025, even as monthly inflows softened slightly. According to the State Bank of Pakistan (SBP), total inflows into RDA during the month stood at $181 million, taking cumulative inflows since launch to an impressive $11.49 billion.
While November inflows declined by $24 million compared to October’s $205 million, the overall trend remains positive, underscoring sustained confidence among Non-Resident Pakistanis (NRPs) in Pakistan’s banking and investment ecosystem.
Net Repatriable Liability Rises as Local Utilization Grows
SBP data shows that $140 million was either repatriated or utilized locally during November. Of this amount:
• $15 million was repatriated abroad
• $126 million was utilized within Pakistan
As a result, the Net Repatriable Liability (NRL) of Roshan Digital Accounts increased by $41 million during the month, reflecting stronger retention of overseas funds within the domestic economy.
Cumulatively, total repatriation and local utilization from RDA has now reached $9.3 billion. This includes:
• $1.92 billion repatriated
• $7.39 billion utilized locally
This leaves the Net Repatriable Liability at $2.19 billion, representing 19.04% of total RDA inflows.
Where RDA Funds Are Currently Parked
A detailed breakdown of the Net Repatriable Liability highlights the diversity of overseas Pakistani investments:
• Conventional Naya Pakistan Certificates (NPC): $496 million
• Islamic Naya Pakistan Certificates: $1.01 billion
• Equity Investments: $100 million
• Balances in RDA Accounts: $521 million
• Other Liabilities: $58 million
This mix reflects a growing preference among NRPs for Shariah-compliant instruments, along with stable interest in equities and liquid account balances.
Strong Financial Year Momentum
During the current financial year, RDA inflows reached $931 million, surpassing the $884 million received in the same period last year. Meanwhile, total repatriation and local utilization amounted to $733 million, compared to $663 million in the corresponding period of the previous year.
These numbers signal not only continuity but year-on-year growth in engagement by overseas Pakistanis.
Account Growth Continues Steadily
In November alone, 9,572 new Roshan Digital Accounts were opened, taking the total number of active accounts to 883,037. Since its launch, RDA has consistently expanded its user base, reflecting increasing trust in Pakistan’s digital banking framework.
For context:
• Highest monthly inflow: June 2021 ($310 million)
• Highest monthly reduction in NRL: July 2022 (NRL declined by $330 million due to high repatriation and utilization)
Why Roshan Digital Account Matters
Launched by the State Bank of Pakistan in collaboration with commercial banks, RDA is one of the country’s most successful financial inclusion initiatives for overseas Pakistanis.
It enables NRPs and POC holders to:
• Open Pakistani bank accounts fully online
• Invest in government securities and equities
• Make digital payments and transfers
• Manage finances without visiting any bank, embassy, or consulate
The entire account-opening process is paperless and presenceless, requiring minimal documentation. Banks are mandated by SBP to complete customer due diligence within 48 hours, making RDA one of the fastest digital onboarding systems in the region.
Despite short-term monthly fluctuations, Roshan Digital Accounts remain a critical pillar of Pakistan’s external financing and financial stability. Rising cumulative inflows, expanding account numbers, and increasing local utilization highlight the initiative’s long-term strategic value.
As Pakistan continues to strengthen its digital banking infrastructure, RDA is proving to be more than a remittance channel, it is a trusted investment and savings platform for millions of overseas Pakistanis worldwide.