Welcome to the Middle East
Use TokenPay – save money. More impact, more goods, more success.
- Local currencies
- Bank accounts, blockchain wallets
- Transfers in both directions
So far: Payments remain stalled.
Making payments to or from the Middle East can be cumbersome, lengthy and expensive – yet the Middle East is already one of the most important trading regions worldwide.
Expensive
The average fee for transfers to Arabic currencies is 2.1%*.
Slow
Transfers to bank accounts can sometimes take weeks to arrive.
Stopped
Many transactions often stall or are cancelled for various reasons.
Savings: Use TokenPay WorldTransfer for payments to the Middle East
TokenPay connects European financial systems with modern digital infrastructure, enabling you to make efficient, transparent and fast money transfers to bank accounts in many Arab countries.
Saved: Fee
The average fee in the Middle East for TokenPay WorldTransfer is 1.2%.
Saved: Time
TokenPay transactions typically reach the recipient within a few seconds (this does not include bank working hours).
Saved: Stress
TokenPay reliably covers 90% of the countries in the vicinity for larger amounts.
Discover the world in reverse: Send money from the Middle East to the world now
TokenPay WorldTransfer allows you to receive funds from the Middle East or send them from Arab countries. For example, you can transfer money from Dubai to Germany, from Qatar to Vietnam, or from Saudi Arabia to Argentina.
The solution you need
Pursue
You export machinery or import dates from Saudi Arabia and have regular transfers to your purchasing company there or your direct suppliers. Significantly reduce transaction fees and increase your profit margin with TokenPay WorldTransfer.
Use cases
Payments to partners or service providers
Project or investment payments
Internal transactions between locations
NGOs
You have aid projects in Malawi or Burundi that are financed by donations from Europe. Save significantly on transaction fees with TokenPay WorldTransfer and increase your impact on the ground.
Use cases
Research and education collaborations, e.g. with partners from Oman
Funding for projects / people on site
Transactions to our own NGOs or local businesses
private individuals
You've emigrated to Dubai or Abu Dhabi but are still receiving payments from your German company. Save significantly on transaction fees with TokenPay WorldTransfer and increase your comfort in your new home.
Use cases
Transfer of assets abroad
Investment payments, e.g., a real estate purchase
Remittances to the former country of residence
Transparent and structured payment processes
TokenPay is designed to make international transfers safe, documentable and controllable for you.
- Documentable payment flows
- Secure and EU-based processes
- Fulfillment of all regulatory requirements
Discover Digital Asset Transfers
More and more transfers to the Middle East are now using digital assets. With TokenPay, you can easily transfer or receive digital assets without any changes to your accounting, different transfer logic, or new know-how. Regardless of your recipient's/sender's preference, you remain in EUR or USD.
This is how a WorldTransfer to the Middle East works
01
Account Opening & KYC Onboarding
02
Verification of your recipient
03
Start WorldTransfer
TokenPay covers 90% of the Middle East
The Middle East is an economically dynamic region with rapidly growing international interconnectedness and high capital mobility. At the same time, differing regulatory frameworks and financial systems place specific demands on cross-border payment structures. TokenPay addresses precisely this challenge, creating a link between European financial systems and the regional conditions on the ground.
*The stated comparison fees were calculated from the information provided by different FX providers in the German market.
