Understanding the SBP RDA Property Channel

Introduced by the State Bank of Pakistan, the Roshan Digital Account (RDA) has revolutionized how non-resident Pakistanis (NRPs) interact with the domestic banking system.

Through RDA, foreign investors can purchase vetted real estate developments directly, enjoy full tax treaty protections, and access a clear regulatory pathway for repatriating capital and profits back to their foreign bank accounts in accordance with SBP foreign exchange regulations.

Step-by-Step Purchasing Process via RDA

  1. Open an RDA: Choose an authorized Pakistani partner bank (HBL, Meezan, Bank Alfalah, MCB, UBL, Standard Chartered).
  2. Transfer Foreign Funds: Wire GBP, USD, AED, SAR, or EUR into your foreign currency RDA account.
  3. Select Approved Project: Inform your relationship manager or execute payment to the developer’s verified project account.
  4. Obtain Regulatory Repatriation Clearance: SBP logs the foreign inflow under your RDA portfolio, registering your entitlement to repatriate legitimate sale proceeds in foreign currency.