Bank Alfalah offers Islamic Roshan Digital Company Account to Non-Resident Pakistanis (NRPs) residing across the world and owns a business. NRP Businesses can open a Foreign Currency (FCY) or PKR based NRP account, which gives them unmatched convenience through a simple, secure and completely digitized process to avail a host of benefits, paving way for a progressive Pakistan.
Islamic RDA Business Accounts – Legal Entities
Eligibility Criteria
The following information is required:
- Entity name
- Details of incorporation/registration
- Details of tax registration
- List of persons associated with the customer
- Customer’s registered address, mailing address (reason if different from registered address), and place of business (reason if different from registered or mailing address)
- Contact details
- Nature of customer’s business
- Purpose of account and intended nature of the business relationship
- For trusts and other legal arrangements – objects of trust, description of class of beneficiaries (if applicable)
Required Documents
The following documents will be required to open Roshan Digital Account:
- Original scanned CNIC/NICOP/POC/Passport (first 2 pages only) or valid Identity document of other country (only for foreign nationals)
- 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 authorized to open and operate the account, to be obtained through the App/ web portal
- Signature (Wet/Digital/Electronic) or any other authentication method recommended by the bank
- Multifactor authentication to verify the persons authorized to open and operate the account
- Any mechanism recommended by the bank (e.g. CAPTCHA) to determine that the applicant is not a bot
