Qubepay Syrian SWIFT Payments

Earlier this month, Syria successfully executed its first SWIFT-based international bank transfer in over 14 years a landmark moment confirming its planned return to the global financial arena ainvest.com+4dailysabah.com+4english.almayadeen.net+4newarab.com+2reuters.com+2reuters.com+2. This marks not only national recovery but also opens doors for businesses and fintech providers aiming to support Syrian merchants and cross-border commerce.

🔓 What’s Changed?

• SWIFT Access Restored: A transaction from a Syrian to an Italian bank affirms Syria’s reentry into global banking networks for the first time since the civil war reuters.com+1reuters.com+1.

• Sanctions Lifted: Switzerland and the EU lifted major financial sanctions against Syria’s central bank this June, following U.S. exemptions reuters.com+15reuters.com+15english.almayadeen.net+15.

• Roadmap to Reintegration: Syria aims for full SWIFT connectivity in coming weeks, aiming to modernize its banking system and attract investment reuters.com+8newarab.com+8english.almayadeen.net+8.

💡 Opportunities for Fintech & Merchant Payments

The return of SWIFT and lifted sanctions signal numerous opportunities for online merchants, payment service providers, and fintechs operating in Syria:

1. Cross-Border Sales: Merchants will access global buyers without relying on third-party payment channels.

2. Currency Flow: Businesses can manage USD, EUR, GBP payments directly via Syrian bank accounts.

3. Financial Trust: Rejoined systems offer transparency for international investors and trade partners.

4. MSB & PSP Expansion: Provides space for licensed providers like QubePay to enter the market under a compliant framework.

🚀 How QubePay Can Help

At QubePay, we’re ready to support businesses navigating this changing environment through:

1. Global Merchant Accounts

We facilitate multi-currency merchant accounts with Visa, Mastercard, and digital wallets, enabling Syrian businesses to receive and settle funds globally once SWIFT access stabilizes.

2. Full SWIFT-Enabled Settlements

We offer end-to-end settlement pipelines in USD, EUR, and GBP directly into local Syrian bank accounts—bypassing costly intermediaries and reducing settlement time.

3. Compliance & Licensing Support

With experience in FINTRAC (Canada), FCA/EBA (EU/UK), and global AML/KYC standards, QubePay assists Syrian businesses that seek compliance and secure partnerships.

4. Technology & Integration

Swift onboarding, seamless gateway integration, tokenization, and fraud management ensure that merchants are protected and ready for international transactions.

5. Strategic Funding & Advice

We offer consulting on navigating Syria’s evolving financial landscape, from SWIFT normalization to future regulatory frameworks and corridor connections.

🌍 Why This Matters

The reintegration into SWIFT and easing of sanctions marks a pivotal moment for Syria’s economic future. For businesses, this is a chance to connect to global markets, modernize operations, and attract investment—while being supported by partners like QubePay.

✅ Ready to Build Your International Payments Strategy?

Explore QubePay’s solutions for merchant accounts, SWIFT settlements, and payment gateway integration in emerging markets like Syria. Let’s pave the way together.

👉 Get in touch via www.qubepay.com