iSwiss Pay brings US, UK and European accounts to Gulf residents’ smartphones
Dubai: Opening an overseas account can be challenging when your nationality, country of residence and financial interests span different markets. iSwiss Pay, t he Swiss-Canadian financial services company, is expanding its services across the Gulf to make the process simpler. Through the iSwiss Pay mobile app, eligible customers can apply for US dollar, British pound and euro payment accounts…
Dubai: iSwiss Pay, a Swiss-Canadian financial services firm, is introducing its mobile app to Gulf residents, allowing them to manage US dollar, British pound and euro accounts directly from their smartphones. Founder and CEO Christopher Aleo stated the expansion aims to simplify access to international financial services for people with diverse financial interests and needs.
Eligible Gulf residents can apply for the accounts through a remote digital identity verification process, with account opening possible within minutes following successful checks. Both individuals and businesses can benefit from the service, which is designed to facilitate transactions with international suppliers, manage overseas commitments, and support financial needs while traveling.
The app enables users to manage account details, balances, and transactions in one place, with corporate applicants required to fulfill the business verification process. For transfers between iSwiss Pay accounts, the company claims processing times are seconds, compared to the usual network processing times for external transfers. iSwiss Pay plans to introduce cryptocurrency conversion, lending, and payment links in the future, contributing to more efficient management of international finances.
Gulf residents and businesses can download the app and begin their application using their passport and phone.
Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
