RDA attracts around $261m in March

Apr 10, 2026 (MLN): Pakistan’s Roshan Digital Account (RDA) continued to attract fresh inflows in March 2026, with overseas Pakistanis sending in $260.8 million, pushing total cumulative inflows to an impressive $12.43 billion.

This marked a $19 million increase compared to February’s inflow of $241.8m, reflecting sustained confidence from the diaspora.

However, the outflows tell a deeper story.

During the month, $223.54m was either repatriated or utilized locally, leading to a net increase of $37.26m in the Net Repatriable Liability (NRL).

Out of this, $41.65m was repatriated abroad, while a significant $180.89m was absorbed into the local economy.

Cumulatively, out of the total $12.43bn inflows, $10.01bn has been either repatriated or utilized.

Within this, $2.03bn has been repatriated, while $7.98bn has been utilized domestically. This leaves the Net Repatriable Liability at $2.41bn, accounting for 19.43% of total inflows.

A closer look at the remaining funds shows that $538m is invested in Conventional Naya Pakistan Certificates, while a larger portion of $1.09bn is parked in Islamic Naya Pakistan Certificates.

Meanwhile, equity investments stand at $106m, balances held in accounts at $607m, and other liabilities at $70m.

On a yearly basis, performance remains encouraging. During the current fiscal year, total inflows have reached $1.86bn, compared to $1.75bn in the same period last year. Similarly, repatriation and local utilization have risen to $1.44bn, up from $1.28bn previously.

Account growth also remained steady, with 7,993 new accounts opened in March, taking the total number of RDA accounts to 917,400.

For context, the highest monthly inflow into RDA was recorded in June 2021, when $310m was received, while the largest drawdown occurred in July 2022, when the NRL declined by $329.51m.

RDA is a major initiative of SBP, in collaboration with commercial banks operating in Pakistan.

These accounts provide innovative banking solutions for millions of Non-Resident Pakistanis (NRPs), including Non-Resident Pakistan Origin Card (POC) holders, seeking to undertake banking, payment, and investment activities in Pakistan.

SBP has made it possible for overseas Pakistanis to open an account in a Pakistani bank completely digitally, in a presenceless manner, without needing to visit any bank, embassy, or consulate.

The account opening process requires only basic information and documents, with banks instructed to complete all necessary customer due diligence within 48 hours.

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