To invest your savings in NBP Funds, you need to open an account. You are required to send scanned copies of the required documents via email at [email protected] . After confirmation, you will be asked to send the original set of documents to activate your account.

The list of required documents is mentioned below:

• Duly filled Account opening documents of the product you wish to invest in:
• Mutual Funds
• Pension Funds
• Islamic Saving Plans
• Copy of Passport / National Identity Card for Overseas Pakistanis / CNIC
• Copy of visa (in case of overseas Pakistani)
• Copy of job proof (Salary Slip/ Income Tax Return/Employer Letter)
• Duly complete FATCA (Foreign Account Tax Compliance Act) form
• Form W-9 for US citizens only
• Risk Profile Form
• CRS Form – I (for Individuals)
• Zakat Declaration (In case of exemption in Zakat deduction)

Prior to Transfer / Account opening please share all documents for KYC confirmation.

Overseas Investors can remit the investment amount through their banks to Pakistan for investment in NBP Funds. Once the Foreign currency is received in Pakistan, it is converted to PKR at the prevailing interbank exchange rate. The funds will be transferred to the designated account after which NBP Funds will issue units.

Investors can use any one of the following methods to transfer investment amount to NBP Funds:

• Through Special Convertible Rupee Account (SCRAs):

Special Convertible Rupee Account (SCRA) allows Overseas Investors to easily remit and invest in Pakistan and repatriate their investment amounts as and when required. Investors can easily open their SCRA account through any of the banks in Pakistan. Once the investor remits foreign currency into the SCRA account, the bank converts the foreign currency at the current prevailing rate. NBP Funds issues units after the receipts of funds from the bank.

• Directly into Bank Account:

Investors can also invest directly into Funds account under management of NBP Fund maintained with CDC by sending foreign currency directly into the following account:

Title of Account	CDC TRUSTEE NBP FUNDS
Account Number	SAVING – 1003-3939596-0241
IBAN	PK55BKIP0100339395960241
Swift Code	BKIPPKKA
Bank	Bankislami Pakistan Limited
Branch	Main Branch, Karachi
Branch Address	11th Floor, Executive Tower, Dolmen City, Block-4, Clifton, Karachi
• BIPL maintained following NOSTRO Accounts:

BANICISALMI BIC CODE : BICIPPICKA

FCY	CORRESPONDENT	NOSTRO ACCOUNT NUMBER	SWIFT CODE
AED	MCB Bank Limited  (Dubai IBAN)	AE 730910000 0130	MUCBAEAD
CHF	United Bank AG (Zurich), Switzerland	833.03.01001	UNILCHZZ
EUR	Unicredit Bank AG Munich, Germany	69109624	HYVEDEMM
CNY	Industrial And Commercial Bank of China, Karachi	6001010000000109059	ICBKPKKA
GBP	Mashreq Bank PSC, London	10871	MSHQGB2L
JPY	National Bank of Pakistan, Tokyo, Japan	21134	NBPAJPJT
SAR	Bank Al-Jazira, Jeddah	SA37 6000 0000 990050097001	BJAZSAJE
USD	JP Morgan Chase Bank National Association New York,	927642504	CHASUS33
AUD	JP Morgan Chase Bank, Sydney	10149984	CHASAU2X

NBP Funds will carry out a process of registration of the investment with State Bank of Pakistan to help in registering the investment and to facilitate in repatriation as and when required.

On subsequent investments, only investment application form is to be sent along with the payment transfer.

Investors can receive their proceeds in Special Convertible Rupee Accounts (SCRA) in Pakistan, which can be repatriated anytime in Foreign Currency. Whereas remittance of non-SCRA account holders will be directly deposited to the IBAN accounts of the investors.

If redemption is partially or completely made in foreign currency, then registration and approval from State Bank of Pakistan is mandatory.

Please write to us at [email protected] for any queries or assistance

Note:

• NBP Funds will carry out the process through Bank Islami Pakistan Limited and the same will be submitted to SBP for registration of investment on repatriation basis. After receiving Trustee letter and complete documents pertaining to the transaction, SBP will take 10-15 working days (minimum) to provide confirmation of registration. However, these days will not hinder our process of issuance of account statement and other related documents to the investor.
• In case of switching/Exchange of Units, the same will be registered with SBP in the above-mentioned manner.
• In case SBP disallowed the investments NBP Funds will instruct the Trustee for return of funds to Investor.