Your potential savings
Your monthly conversion
You will be saving $1,500 every year
Sempo vs Traditional MENA Banks
Benchmark
Account opening
Cross-border transfers
Transfer costs
Returns on cash
Traditional Banks
Days or weeks, Branch visits & Paperwork
2-5 business days, Limited visibility
8-12% in total fees and FX margins
Near-zero savings yields
Minutes & Fully digital onboarding
Seconds to minutes, 24/7 settlement
~0.1% on-chain network fees
Higher yields via digital financial products
Traditional Banks
Account opening
Days or weeks, Branch visits & Paperwork
Cross-border transfers
2-5 business days, Limited visibility
Transfer costs
8-12% in total fees and FX margins
Returns on cash
Near-zero savings yields
Account opening
Minutes & Fully digital onboarding
Cross-border transfers
Seconds to minutes, 24/7 settlement
Transfer costs
~0.1% on-chain network fees
Returns on cash
Higher yields via digital financial products