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KASB is pleased to introduce its latest innovation, the SCRA Trade account, a new product jointly offered by KASB Securities and KASB Bank, linking your trading account with any bank in the world providing you the with convenience of being able to trade from your home anywhere in the world. SCRA are Special Convertibility Rupee Accounts which are created by State Bank of Pakistan to regulate the flow of foreign funds in the Karachi Stock Exchange from any bank in the world.

When you open a SCRA account with KASB Bank, it can be connected with your bank account in your country making it easier to remit funds to Pakistan. The SCRA account is also be connected with your KASB Direct account allowing you to trade in the Karachi Stock Exchange with the balance in your SCRA account.

Due to State Bank of Pakistan restrictions, SCRA Trade will not allow margin trading and will only allow investment trading in the ready market.

If you are planning to visit Pakistan in the near future, please do get in touch with us. We can set up a meeting for you with KASB Bank so that account opening formalities can be completed.

Currently, this service is being offered from Karachi, Lahore and Islamabad branches of KASB Bank.

 
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