Payment Accounts & Wallets
What to Expect
Charibaas provides the essential, compliant infrastructure to power your core financial services. Our Payment Accounts and Digital Wallets are the secure, regulatory-compliant foundation for your customers to hold and store their deposits. Each account is instantly provisioned with a dedicated Moroccan IBAN, guaranteeing full interoperability with the local banking system (Bank-Al-Maghrib).
This service is more than just a place to hold money; it's a complete toolkit for managing funds:
Segregated Accounts : We ensure regulatory compliance and security by providing ring-fenced accounts for client funds.
Real-Time Balances : Instant access to account balances and transaction history via robust APIs, ensuring a frictionless user experience.
Settlement Engine : Automated, high-frequency settlement processes to manage funds across various internal and external accounts, ensuring liquidity and precision.
Local and International Readiness : Accounts are ready for both domestic transfers and future cross-border payment capabilities.