Careem Pay, the digital payments platform within the Careem app, expands its remittance service to Canada and Bangladesh, allowing UAE residents to send money directly to bank accounts in both countries quickly and at competitive rates.
Careem Pay facilitates money transfers to over 35 countries, including some of the largest remittance corridors like India, Pakistan, Europe, the UK, and the Philippines. The service offers a fast, secure way to support families and manage personal finances or investments abroad, with some transfers completed in as little as 7 seconds in 2025. Careem Plus members also enjoy exclusive rates on Careem Pay.
Customers can transfer up to AED 150,000 per transaction and AED 450,000 monthly to Canada, and up to AED 90,000 per transaction and AED 200,000 monthly to Bangladesh. Transfers are supported in Canadian Dollars (CAD) directly to any Canadian bank account, and in Bangladeshi Taka (BDT) to bank accounts in Bangladesh.
As a special launch offer for Canada transfers, new customers can get 1% cashback up to AED 100 on their first transfer on Careem Pay by entering the code "CANADA" when sending AED 2,000 or more.
Mohammad El Saadi, VP of Careem Pay, commented:
“We're excited to extend our money transfer service to two important expat communities in the UAE. Following the expansion of our remittance corridors to 35+ countries, Canada and Bangladesh were natural next steps. From supporting families and covering school fees to managing properties and financial commitments back home, we wanted to make cross-border transfers simpler, faster, and more affordable for both Canadian and Bangladeshi expats."
The UAE's growing Canadian expat community has established Canada as an important remittance destination, with annual flows estimated at approximately USD 800 million.
Bangladesh is also one of the top five recipients of remittances from the UAE. In recent years, the overall market size of remittances from the UAE to Bangladesh has been estimated at approximately USD 3.9 billion annually, representing a critical need for millions of Bangladeshi families.
The new corridors come just in time for the holiday season, when remittances from the UAE typically surge by 20%. Careem Pay’s mission is to simplify financial services in the region through a comprehensive payments platform that offers seamless P2P and international transfers, bill payments, and other digital wallet services.
To make an international money transfer through Careem Pay, download or open the latest version of the Careem app and select ‘Pay’ on the home screen.
News Source: House of Comms
