EUR IBAN for businesses in the Middle East and North Africa
Companies in 11 countries across the Middle East and North Africa can apply for a named Lithuanian EUR IBAN, from the Gulf to Egypt, Jordan and the Maghreb. No MENA country is in the SEPA area; the IBAN is, so European customers pay you by SEPA and you pay European suppliers the same way. Money going home to the region goes by SWIFT, in the local currency where we support it and in US dollars or euros where we do not.
اقرأ هذه الصفحة بالعربية11 eligible markets
| Country | Currency | Paying out locally | In SEPA |
|---|---|---|---|
| Algeria | DZD | Pay out only | No |
| Bahrain | BHD | Hold and pay out | No |
| Egypt | EGP | Hold and pay out | No |
| Jordan | JOD | USD or EUR | No |
| Kuwait | KWD | Hold and pay out | No |
| Mauritania | MRU | USD or EUR | No |
| Morocco | MAD | Hold and pay out | No |
| Oman | OMR | Hold and pay out | No |
| Qatar | QAR | Hold and pay out | No |
| Saudi Arabia | SAR | USD or EUR | No |
| United Arab Emirates | AED | Hold and pay out | No |
“Hold and pay out”: the currency can be held and paid by SWIFT. “Pay out only”: bought when you pay and sent by SWIFT. “USD or EUR”: we do not pay out in the local currency, so payments go in US dollars or euros by SWIFT. Countries on our sanctions list cannot apply and are not listed. Sanctions policy
Other regions
A EUR IBAN in your company’s name
Join the waiting list. When onboarding opens, you apply once, and the IBAN typically follows within 48 hours of approval.