Careem Pay, the digital payments platform within the Careem app, expands its remittance service to include Türkiye and the Kingdom of Saudi Arabia, enabling residents of the United Arab Emirates (UAE) to transfer money directly to bank accounts in both countries at competitive rates.
The move strengthens Careem Pay’s growing footprint in the region’s remittance market, where it now facilitates transfers to more than 35 countries, including major corridors such as India, Pakistan, Europe, the UK, and Egypt.
Transfers to the Kingdom of Saudi Arabia and Türkiye are deposited directly into recipients’ bank accounts within 5 to 10 minutes offering customers a fast and secure way to send money. The service supports high-value transactions, with a maximum limit of AED 150,000 for transfers to Türkiye and AED 36,000 per transfer to the Kingdom of Saudi Arabia, catering to both everyday needs and larger financial commitments.
Careem Plus members enjoy zero fees and exclusive member rates when sending money abroad, transforming remittance from a routine task into a standout benefit that maximizes their savings on every transfer.
The expansion targets two key remittance dynamics: the Kingdom of Saudi Arabia is a significant global remittance player with extensive cross-border money flows, supported by the government’s Vision 2030 actively pushing to increase financial inclusion and the dominance of bank account transfers. For Türkiye, the market is primarily driven by an estimated 6.5 million Turkish citizens living abroad, with the UAE being a key host economy for high-order value transfers. Demand for fast, reliable transfers in this corridor is high, and Careem Pay is built to deliver exactly that.
UAE residents can begin using the new corridors by updating the Careem app and selecting ‘Pay’ from the home screen.
