Careem Pay is a remittance service that enables users to transfer large amounts of money to bank accounts overseas in a safe, secure, and speedy manner.
Remittance is the practice of sending a certain amount of money as a gift or payment. It is fairly widespread among expats of all economic levels.
Residents of Dubai and the other United Arab Emirates frequently transfer money home to support their families or run businesses overseas. With the addition of 18 more European countries to Careem Pay, more countries than ever before can now use the money transfer service.
Austria, Belgium, Croatia, Cyprus, Estonia, Finland, Greece, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Portugal, San Marino, and Slovenia are among the countries that already offer instant remittance services.
These European countries use the service alongside India, Pakistan, the United Kingdom, and the Philippines, as well as Germany, France, Ireland, Spain, and Italy.
You can send up to Dhs150,000 each transaction and Dhs450,000 per month to any legitimate IBAN number in these countries using the app.
In less than 30 minutes, eight out of ten EU transactions are processed on average.
