NEW YORK: In a bid to strengthen financial connectivity between Pakistan and its overseas citizens, the Consulate General of Pakistan in New York in collaboration with the Bank of Punjab hosted a webinar on remittances and digital banking initiatives.
The event spotlighted recent advancements in digital banking services, particularly the growing impact of the Roshan Digital Account (RDA), a flagship initiative by the State Bank of Pakistan designed to simplify and secure remittance inflows from the Pakistani diaspora.
Officials from both the State Bank of Pakistan and the Bank of Punjab provided in-depth briefings on improved access to banking platforms, streamlined financial procedures, and new digital products tailored to overseas users.
These innovations come at a time when Pakistan has witnessed a surge in remittances with inflows reaching a record-breaking $4.1 billion in March 2025, the highest ever in a single month. Experts at the webinar attributed this achievement in part to enhanced digital channels and the government’s policy reforms aimed at encouraging formal financial transfers.
Opening the session, Mr. Aamer Ahmed Atozai, Consul General of Pakistan in New York, praised the Pakistani-American community for their economic contributions and deep-rooted connection to their homeland. He emphasized the importance of transparent, secure, and efficient financial systems that not only benefit individual users but also contribute significantly to Pakistan’s macroeconomic stability.
“Our diaspora is not only a source of pride but a vital economic asset,” said Mr. Atozai. “By embracing digital banking and facilitating remittance flows, we are empowering overseas Pakistanis and reinforcing their role in Pakistan’s development.”
The session also included a Q&A segment, where participants engaged directly with officials on topics such as investment opportunities through RDA, real estate facilitation, and future plans for integrating fintech solutions.
The webinar forms part of the Consulate’s broader initiative to strengthen institutional partnerships and promote financial inclusion among overseas Pakistanis, particularly in the United States.
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