Overseas Pakistani? Roshan Digital Account

Transcript

What Hira says, in Roman Urdu, with the English translation beneath each line.

1. 0:04Assalam-o-Alaikum, welcome to danioPSX. Aaiye seekhein, financial independence ke liye.Assalam-o-Alaikum, welcome to danioPSX. Let's learn, for financial independence.
2. 0:14Ye hai lecture number five. Agar aap bahar rehte hain, to aaj seekhenge Roshan Digital Account se PSX shares kaise khareedein, aur paisa wapis kaise aata hai.This is lecture five. If you live abroad, today we learn how to buy PSX shares with a Roshan Digital Account, and how the money comes back.
3. 0:27Roshan Digital Account overseas Pakistanis ka bank account hai. Ye designated bank mein online khulta hai, aur bahar se bheje gaye paison se fund hota hai.A Roshan Digital Account is a bank account for overseas Pakistanis. It opens online with a designated bank, and is funded with money sent from abroad.
4. 0:40PSX mein invest karne wali service ka naam Roshan Equity Investment hai. Is mein aapka broker trading account, NCCPL UIN, aur CDC custody account set up hota hai.The service for investing in PSX is called Roshan Equity Investment. It sets up your broker trading account, an NCCPL UIN and a CDC custody account.
5. 0:50PSX ke RDA page par HBL, MCB aur UBL jaise darjan se zyada banks aur seventy se zyada brokers hain. Neeche hamari ranking ke RDA brokers hain.PSX's RDA page lists more than a dozen banks, such as HBL, MCB and UBL, and more than 70 brokers. Below are the RDA brokers in our ranking.
6. 1:03Steps: participating bank mein RDA kholein aur bahar se fund karein. Phir bank ki RDA app mein Roshan Equity Investment option dhoondein, consent dein, aur broker chunein.The steps: open an RDA with a participating bank and fund it from abroad. Then find the Roshan Equity Investment option in your bank's RDA app, give consent, and choose a broker.
7. 1:14Phir accounts khulne ka intezar. AKD ke mutabiq taqreeban teen working days lagte hain. Uske baad RDA se paisa transfer karein aur broker ki app mein order lagayein.Then wait for the accounts to open. AKD says it takes about three working days. After that, transfer money from your RDA and place orders in the broker's app.
8. 1:29PSX Pakistan time par chalta hai. UAE mein normal trading morning eight thirty two se afternoon two thirty tak hoti hai. Timing mushkil ho to evening mein hi limit order laga dein.PSX runs on Pakistan time. In the UAE, normal trading runs from 8:32 in the morning to 2:30 in the afternoon. If the hours are awkward, place a limit order the evening before.
9. 1:42Fees wahi hain jo Pakistan mein rehne walon ki: broker commission, us par sales tax, aur CDC, NCCPL, PSX aur SECP ke chhote charges. Bank charges alag ho sakte hain.Fees are the same as for residents: broker commission, sales tax on it, and small CDC, NCCPL, PSX and SECP charges. Bank charges may be extra.
10. 1:58Shares bechne ka paisa aur dividends wapis Roshan Equity account ya RDA mein aate hain. Wahan se dobara invest karein, ya RDA ke zariye paisa wapis bahar bhej dein.Money from selling shares and your dividends comes back to your Roshan Equity account or RDA. From there you can reinvest, or send the money back abroad through your RDA.
11. 2:12Tax resident investors jaisa hai aur source par kat jaata hai, jaise filers ke dividends par fifteen percent. Apne mulk ka tax bhi zaroor check karein.Tax works as it does for residents and is deducted at source, such as 15% on dividends for filers. Also check the tax in your own country.
12. 2:25Safety: sirf apne bank ke RDA portal se shuru karein, WhatsApp link se nahi. Kisi shakhs ko invest karne ke liye paisa na bhejein, aur CDC Access se shares khud check karein.Safety: start only from your bank's RDA portal, not a WhatsApp link. Never send money to a person to invest for you, and check your shares yourself on CDC Access.
13. 2:34Get started guide mein bhi RDA ka hissa hai. Account banne ke baad shares khareedna bilkul resident investors jaisa hai, to order types ke liye ye guide parhein.The get started guide has an RDA section too. Once the account is set up, buying shares works just as it does for residents, so read this guide for order types.
14. 2:48To aaj humne seekha: RDA se Roshan Equity Investment, bank portal mein broker chunna, aur paisa wapis bahar bhejna. Homework: apne bank ki RDA app mein Roshan Equity Investment option dhoondein.So today we learned: Roshan Equity Investment through your RDA, choosing a broker in the bank portal, and sending money back abroad. Homework: find the Roshan Equity Investment option in your bank's RDA app.
15. 2:57Next lecture mein hum seekhenge scams aur fake trading apps se kaise bachein. Video achi lagi ho to subscribe karein. Ye sirf education ke liye hai, investment advice nahi. Allah Hafiz!In the next lecture we'll learn how to avoid scams and fake trading apps. If you liked the video, please subscribe. This is for education only, not investment advice. Allah Hafiz!