Account Opening


You must have an account with a duly licensed broker to trade in listed securities. To this end, you would typically need to open a Brokerage Account and a CDC Sub-Account with your broker. However, only non-broker clearing members of CDC does not require sub account opening forms. Any individual (over 18 years of age) or a registered corporate entity can open an account with an authorised broker subject to completion of account opening formalities including submission of duly filled in account opening forms along with requisite documents and satisfactory client due-diligence review. Click below to fill Digital Account Opening Form.

Account Opening Form

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To download Our account opening form, Please click the link below.

Roshan Digital Account


Roshan Digital Account is a breakthrough initiative of the State Bank of Pakistan providing a unique opportunity to our Overseas/Non-Resident Pakistanis (NRPs) to digitally open a bank account in any of participating back within 48 hours without submitting any physical forms and documents.

Utilities & Benefits of Roshan Digital Account:
The Roshan Digital Account (RDA) fully integrates the Pakistani diaspora with Pakistan’s banking and payment system by allowing them utilizing a full range of banking products and investment options. Some of the key benefits of RDA are:

  • Repatriation of Funds back to the accountholder’s country of stay allowed, if invested in:
  • Pakistan Stock Exchange through CDC
  • Naya Pakistan Certificates
  • Approved Mutual Funds
  • Approved Real State Schemes
  • Can be utilized for household expenses, paying utility bills, educational expenses, etc.
  • Roshan Apni Car
  • Roshan Samaji Khidmat
  • Any other payments and investments (Non Repatriable)
  • Reduced Tax Rates and Remittance Charges

For further details and benefits of RDA, please click

Stock Market Investments via Roshan Digital Account:

Besides a wide range of utilities and benefits of the Roshan Digital Account, one of the most unprecedented advantages of the RDA is the Stock Market Investment option, through which an Overseas/ Non-Resident Pakistani or any Pakistani having declared assets outside Pakistan can now invest in the shares listed at the Pakistan Stock Exchange, without going into any complex Stocks Trading account opening mechanism. All you need to have is a Pak Rupees Roshan Digital Account with any of the following Participating Banks integrated with the Central Depositary Company of Pakistan Limited (CDC) for providing Stocks Investments facility: For Conventional Trading (Across the board; in all 530 plus companies):
  • 1. Bank Alfalah
  • 2. United Bank
  • 3. Habib Bank
  • 4. MCB Bank
  • 5. Samba Bank
  • 6. Habib Metro Bank, (In Process)
For Sharia Compliant Trading (in 210 plus companies considered to be sharia compliant)*:
  • 7. Meezan Bank
  • 8. Faysal Bank
  • 9. Dubai Islamic Bank (Pakistan)
* Some Key Restraints in Sharia Compliant Trading: All Roshan Digital Accounts being processed through Meezan, Faysal and Dubai Islamic Bank would only be allowed Sharia Compliant Trading;
  • i. Can only trade in a total of 209 companies, currently being considered as Sharia Compliant, out of a total 530 plus companies listed at the PSX.
  • ii. Cannot day trade or sell any stock even on the very next day of purchasing i.e. before it is delivered into your CDC account on T+2 settlement mechanism.
  • iii. Cannot trade in Right Shares (being considered as Non-Compliant by nature)
  • iv. Strictly cash based and any kind of leveraged trading is not allowed except sharia compliant financing only.
Some Key Benefits and Important Points to Know:
  • i. The Stocks Trading option is only available in PKR Roshan Digital Bank Accounts.
  • ii. The facility to repatriate your funds back to your country of stay is only available in the RDA account.
  • iii. Zakat is exempted on dividends while Withholding Tax on dividends and Capital Gain Tax on RDA to be taxed at the minimum rate (15%) of those who submit their annual tax returns.
  • iv. All book keeping, custody of funds/securities, and settlement obligations of the stocks trading account through RDA are undertaken by the CDC and the trading facility is extended by Optimus Capital Management Pvt. Limited through our online applications synced with the CDC.
  • v. An RDA account can only be funded through remittances from abroad from the very same bank account through which it will be opened and repatriation of funds through the same bank account would also be possible. It can never be funded through any other source, bank account either local or even a Roshan Digital.

Simplified Stocks Trading Account Opening Mechanism through RDA:

(Digital processing through banks online portals)
Stocks trading account opening was never so easy, it has become for our overseas Pakistani Community with the introduction of RDA.

  • 1. All you need to do is to visit the website of any of the participating banks (integrated with CDC) and initiate your bank account opening process by filling in their online forms, providing the required details and uploading the required documents on the selected banks portal.
  • 2. Once your bank account will be opened and you will receive the login credentials from the bank, you may then login into your online bank account and select the Stock Market Investment / CDC Account Opening option from the banks online portal.
  • 3. You will be required to agree upon the Terms and Conditions and then ultimately select Optimus Capital Management Pvt Limited as your preferred broker from the list of brokers providing RDA facility.
  • 4. Once you will make the required selection and give your consent on the relevant terms and conditions, all your details and documents, which you had provided to the bank at the time of applying for the bank account opening, will be forwarded to CDC and would ultimately reach us.
  • 5. Your Account will then be opened with the CDC and Optimus Capital Management Pvt. Limited within next three working days, provided that we have received all your information and documents in line with our requirements.

For further details, please click


Roshan Digital Account – FAQs

1. What is a Roshan Digital Account?
Roshan Digital Account (RDA) is a breakthrough initiative of the State Bank of Pakistan (SBP) and facilitated by all relevant stakeholders. The RDA enables Non Resident Pakistanis (NRPs) to open their bank accounts in Pakistan without being physically present in Pakistan and without submitting physical forms/documents via courier. The entire process is digital and requires only internet access.

2. Why did SBP introduce RDA? Why is it important?
RDA is part of a larger financial inclusion strategy specifically focusing on the inclusion of the Pakistani expat community allowing them to benefit from the opportunities in various asset classes through ease of access and facilitating investments. Moreover, RDA is an integrated channel through which funds can be remitted, invested and repatriated to and from the country of their residence, without facing complex procedures.

3. Who is eligible to open a Roshan Digital Account?
Roshan Digital Accounts can be opened and maintained by any non-resident Pakistani individual having a valid proof of residence outside Pakistan and other required documents as described below. Similarly, any Foreign Nationals holding a Pakistan Origin Card are also eligible to apply. Furthermore, Resident Pakistanis, who have declared assets outside the country can also open an RDA account.

4. What documents are required to open an RDA?
Following documents are required to open an RDA with any of the participating banks:

  • a. CNIC/ NICOP/ POC.
  • b. Passport (Pakistani and/or foreign country).
  • c. Proof of non-resident status.
  • d. Proof of profession/employment/business and source of income/funds (e.g. an employment certificate/salary slip/iqama/etc.).

5. Which banks are the participating banks offering the RDA facility?
The following commercial banks are offering this facility:
Conventional Banks:

  • Bank Al-Falah
  • Habib Metro Bank
  • United Bank
  • Bank of Punjab
  • Habib Bank
  • Allied Bank
  • MCB Bank
  • Standard Chartered Bank*
  • Samba Bank
  • Bank Al-Habib*

* Although SCB and Bank Al-Habib are providing RDA Account services but unlike all other participating banks, they have not opted for CDC Custody model for the Equity Investment option. Islamic Banks**:

  • i. Meezan Bank
  • ii. Faysal Bank
  • iii. Dubai Islamic Bank

** The above Islamic Banks are only providing Sharia Compliant Stocks Trading Facility

6. What are the different types of RDA?
Besides other types of banking services being offered by different banks, there are two basic types of Roshan Digital Accounts:

  • 1. Conventional
  • 2. Islamic or Sharia Compliant*

* Only Sharia Compliant Stocks Trading facility would be available in Islamic/Sharia Compliant type.

7. In which Currencies RDA can be opened?
Roshan Digital Accounts are being offered in two different kinds of currencies:

  • 1. Pak Rupees*
  • 2. Foreign Currency (e.g. USD/GBP/EURO)**
* Stock Market Investments/Trading facility is only available in the Pak Rupees RDA
** Provision of Foreign Currency RDA account facility varies from bank to bank
8. Can an existing Bank Account be converted to an RDA?
An existing account held with any Pakistani bank or their offshore entity cannot be converted to a Roshan Digital Account. No existing bank account can be converted or linked with an RDA.
9. Can we deposit funds into an RDA bank account from within Pakistan?
No funds can be deposited into the Roshan Digital Bank Account from within Pakistan except the accepted channels as discussed below. (e.g. CDC in case of Equity Investment option)
10. How can we deposit / repatriate funds into / from an RDA bank account?
The RDA account can only be funded through any offshore bank account (other than any bank account in Pakistan) which has to be in the same account holder’s name. However, repatriation from an RDA can only be done to a designated offshore bank account as specified at the time of RDA opening.
11. Can we withdraw funds out from our RDA bank account or transfer to some other bank account in Pakistan?
Yes, you may withdraw or transfer any amount to any bank account in Pakistan from your Roshan Digital Bank Account as per your choosing. However once those funds have been transferred or withdrawn locally the same cannot not be redeposited back into your Roshan Digital Bank Account.
12. Can an RDA account holder invest or trade at the PSX?
Yes, anyone who has opened or is currently maintaining an RDA with any participating bank, provided that the bank is integrated with the Central Depositary Company of Pakistan (CDC) will have the opportunity to invest and trade stocks at the Pakistan Stock Exchange through the selected brokerage house. The process is extremely simple without the requirement of any additional forms or resubmission of any documents. The documents provided at the time of opening an RDA will suffice for opening a trading account with a selected broker.
13. What is CDC?
Central Depository Company (CDC) is the Ultimate Custodian of the Pakistan Capital Market. Established as a securities depository, CDC is the sole entity handling the electronic (paperless) settlement of transactions carried out at the Pakistan Stock Exchange.
14. What role does CDC have in the Equity Investment option in RDA?
CDC has a very pivotal role in the provision of Equity Investment option to the RDA accountholders as except for a couple of banks, all other participating banks and more than 50 stocks brokerage firms (providing online trading facility) including Optimus Capital Management Pvt. Limited., are integrated with CDC for this very purpose. CDC does not only act as a hub between all the integrated banks and brokerage firms but is also responsible for the custody (funds/securities), book keeping, settlement obligations of the stock market transactions carried out by the RDA accountholders. You may view detailed information about the procedures, guidelines and all other relevant information at
15. What is an IAS Account at CDC?
Investor Account Services (IAS) allows retail investors to directly open and maintain accounts with CDC in the Central Depository System for secure and safe custody of securities. Investors have direct access to their securities through the Investor Account, which is maintained by CDC and operated on the instructions of investors. For the Equity Investment option, it is mandatory to open an IAS Account at CDC. You may view further details about IAS account and related services at
16. How can an RDA account holder open a CDC/Trading account for stocks trading at PSX?
Once you have opened an RDA account with any of the participating banks and received the login credentials from your bank, all you need is to login into your online bank account through the provided link, select stock/capital market investment or CDC account opening option and provide your consent to share your details/documents with CDC. Following on please select your preferred Brokerage House and Agree to the Disclaimer/Terms and Conditions for investing in Pakistan Stock Exchange.
17. How much time does it takes to open a shares trading account through RDA mechanism?
If you already have an RDA Bank account and you initiate a shares trading account request through your selected bank, it usually takes two to three working days to complete the account opening procedure both at the CDC as well as with the selected broker.
18. How would I know, if the account opening procedure has been completed or still pending at any end?
As soon as your account opening procedure will be completed, you will receive a Login Credentials email from your selected broker and in this instance from Optimus Capital Management Pvt Limited and ultimately from the CDC ( on the specified email address provided by you when opening an RDA bank account.
19. Is the Account Opening Procedure for opening shares trading account through RDA different from that of a Normal Trading account opened through RDA mechanism?
Yes, Stock Trading account through RDA is initiated through any of the participating banks as compared to the Normal Trading account where investor is required to directly open the account with a brokerage house of their choice along with a mandatory requirement of an active PKR Bank account other than an RDA Bank Account.
20. What is the Basic difference in a Normal Shares Trading Account and the one opened through a Roshan Digital Account?
Apart from the account opening procedure, the main difference between a Normal Shares Trading Account and the one opened through a Roshan Digital Account is that the custody (funds/securities), book keeping, settlement obligations and trade execution (infact every single function) of a normal account is directly undertaken by the respective broker while custody, book keeping and settlement obligations of an account opened through the RDA are undertaken by the CDC except for only trading platform and trade executions are carried out through the selected broker.
21. Can any existing Stock Trading or the CDC account be converted or linked to RDA?
No existing stock trading or CDC account can be converted or linked with a Roshan Digital Bank Account.
22. Can we transfer shares from our existing Stock Trading or a CDC account to RDA?
No shares available in any of your existing trading or CDC account can be transferred to a newly opened shares trading/CDC account via the Roshan Digital Platform.
23. How can I fund my shares trading /CDC IAS account?
You may transfer funds to your shares trading /CDC account opened through RDA by logging into the web portal of your selected bank and transfer the desired amount to the designated bank account of CDC through the provided CDC Funds Transfer option in your bank account portal.
24. Can we deposit or withdraw funds from/to any of our local bank account or some other RDA account?
The RDA is a designated account with pre-defined channels; as a result you cannot deposit or withdraw funds to/from your CDC IAS account opened via RDA, through any other bank account. You may only transfer funds from the very same RDA bank account through which you have opened your shares CDC IAS account.
25. How long it takes to get the amount credited into my CDC IAS account and is available to purchase shares through my shares trading account?
Funds are generally credited into your CDC IAS account and the same also gets reflected into your shares trading account within two working hours after you have made the transfer from your RDA bank account and you may immediately utilize those funds for executing your shares purchase transactions.
26. Is there any kind of deduction made right at the start of my investments on account of account opening or maintenance charges?
No, there are no deductions made on account opening NOR are you subject to any maintenance charges either at the CDC or the brokers end. However the CDC does withhold PKR 5,000/- from your initial deposit for the purpose of paying brokerage commissions, CDC charges and relevant taxes; the remaining amount is reflected in your shares trading account.
27. How can I withdraw funds from my CDC IAS/shares trading account?
Since all the funds as well as shares of RDA account holders are being kept by the CDC, RDA account holders can withdraw their funds by placing a Cash Withdrawal Request (available in the DSS link) after logging into their CDC IAS Account via through their CDC Relationship ID and Password provided by CDC at the time of account opening.
28. How much time it takes to transfer the funds back into my RDA account?
CDC usually transfers the funds back to the RDA bank account within two working days after the placement of cash withdrawal request but in case of unsettled amount being requested, it may take a couple of more days.
29. Can I participate in IPOs, Book Building and subscribe my Right Shares through my RDA account?
Yes you can participate in any IPO or Book Building and also subscribe Right Shares through your CDC IAS account opened through RDA but there are certain procedures and stipulated dates for each case, which need to be followed.
30. What is Sharia Compliant Trading?
Sharia compliant trading is governed by the rules set out by the Steering Committee of the Government of Pakistan for development of Islamic banking and finance. The Sharia Compliant Stocks are selected on the basis of Shariah Screening Criteria and Technical filters, details can be viewed at PSX-KMI All Share Index Brochure.
31. How Sharia Compliant Trading is practically different from Regular or conventional Trading?
There are more than 530 companies listed at the PSX, out of which around 250 companies are considered as Sharia Compliant. So anyone opting for Sharia Compliant Trading would be allowed trading in those Sharia Compliant stocks only. Similarly, day trading facility is not available in Sharia Compliant Trading i.e. you cannot sell any stock until it gets delivered in your CDC account, as shares are delivered in your CDC account after two working days against purchase transactions. Trading of Right shares is also restricted in Sharia Compliant Trading.
34. Where can I contact in case I face any difficulties accessing my Optimus Trade account or the CDC IAS account?
You may contact our Optimus Trade Customer Support at +9221-3529 6888 or email us at for all your queries related to your Optimus Trade account. For any queries related to the CDC you may call +9221-38623275 or email at