Which banks in the Gulf and MENA offer a stablecoin off-ramp and Web3 business accounts?

Every bank that passes this test also appears on Crypto-friendly banks in the Gulf and MENA with a stablecoin off-ramp, and the list is identical. That page carries the full write-up and is the one search engines are pointed to. The table below is the same set.

The banks that pass

Bank	Score	Type	Health	P2P	Verdict
AMINA Bank	15/16	Crypto-native	Solid	none	Yes, but only for professional clients and companies. Individuals need CHF 500,000 in assets plus finance experience, or CHF 2 million.
Singapore Gulf Bank	10/16	Crypto-native	Unknown	none	Yes. Built for crypto firms, with a USD personal account that plugs straight into Binance Bahrain.
Standard Chartered	8/16	Traditional	Watch	none	Yes for institutions, through spot trading, custody and stablecoins. Retail customers get little beyond the Mox app in Hong Kong.
Zand Bank	8/16	Business banking	Solid	none	Yes for licensed businesses and institutions, no for individuals.
RAKBank	8/16	Traditional	Solid	none	Yes. Crypto trading is built into the app, but it is a closed loop run by Bitpanda, and exchange transfer rules are not published.

Click a column to sort. Health is our tag. P2P is community-reported and separate from the score.

Bank by bank

AMINA Bank 15 of 16 · stablecoin off-ramp: yes · Web3 business accounts: yes
Allowed: Trading between fiat and BTC, ETH, USDC, USDT, EURC, PYUSD, RLUSD and a long list of altcoins
Watch out: Stablecoin rewards for US persons and anyone resident or domiciled in the EEA

Singapore Gulf Bank 10 of 16 · stablecoin off-ramp: yes · Web3 business accounts: yes
Allowed: USDT and USDC deposits, and stablecoin to fiat conversion for eligible clients
Watch out: Stablecoin mint and redeem is for corporate and high net worth clients only, with a USD 100,000 minimum per transaction

Standard Chartered 8 of 16 · stablecoin off-ramp: partial · Web3 business accounts: partial
Allowed: Conversion between Hong Kong dollars and the HKDAP stablecoin for eligible institutional and corporate clients of Standard Chartered Hong Kong
Watch out: HKDAP stablecoin access is limited to institutions, corporates and professional investors during the current phase. Retail access is not yet live

Zand Bank 8 of 16 · stablecoin off-ramp: yes · Web3 business accounts: yes
Allowed: Buying, selling and redeeming AEDZ, USDT and USDC against the company's AED current account through ZandMint, with expanded USDC support and an AEDZ to USDC corridor announced on 25 August 2026
Watch out: Stablecoin and custody pricing is set case by case and not published

RAKBank 8 of 16 · stablecoin off-ramp: partial · Web3 business accounts: partial
Allowed: Sell crypto and stablecoins (USDT is listed) straight back to your RAKBANK AED current or savings account
Watch out: No published policy on sending dirhams to third-party exchanges such as Binance or Coinbase

Up to the full list

Crypto-friendly banks in the Gulf and MENA (8)

Same region, other tests

A stablecoin off-ramp and Web3 business accounts elsewhere

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