Barq and Thunes Turbocharge Saudi Remittances with Real-Time Transfers

Malaz Madani

Last updated 16-09-2025

3 min

Barq has launched enhanced international remittance services with payment network Thunes.

This allows Saudis to send money abroad in real time using mobile wallets or bank accounts.

The partnership aligns with Vision 2030, supporting Saudi Arabia’s transition to a digital economy.

The move improves convenience for Saudi users, simplifying cross-border transactions significantly.

Rival mobile wallet companies will watch closely as Barq navigates the competitive landscape.

Barq, the Saudi-based digital wallet that’s been making waves lately, has officially rolled out enhanced international remittance services in partnership with Thunes—a Singapore-headquartered payment network known for its reach across 130 countries. The launch marks a big leap for both companies after announcing their tie-up earlier this year, aiming to make cross-border transfers faster and, frankly, a lot less of a faff for everyday users.

With this move, Barq customers in the Kingdom can send money abroad in real time, straight into mobile wallets or bank accounts, thanks to Thunes’ Direct Global Network. Given Saudi Arabia’s role as one of the biggest remittance hubs worldwide—largely due to its expatriate workforce—this development could shift the playing field quite a bit. I reckon anyone who has ever queued at a remittance office for an hour just to wire cash will breathe easier with this slicker option.

Thamer Alharbi, who heads international partnerships at Barq, said the collaboration has moved “from vision to reality” and will give users quicker, more reliable transfers. On the other side, Ahmad Yaacoub of Thunes highlighted that the partnership supports Saudi Arabia’s wider Vision 2030 ambition of building a digital-first economy. Spot on, really—cashless society is more than just a buzzword in Riyadh these days.

When I think back to a few years ago, setting up a cross-border transfer often felt like pulling teeth—paper forms, the right IDs, sometimes even awkward language barriers. Fast-forward to now, and you’ve got a mobile wallet in your pocket that does the heavy lifting. And believe it or not, those tiny tweaks to how money moves can empower not just consumers, but also the small businesses around them, especially in countries where family support from abroad is lifeline-level essential.

What stands out here isn’t just the tech gloss; it’s the timing. Saudi Arabia’s drive to digitise its financial ecosystem has already changed how people shop, pay their bills, even hail a taxi. Attaching remittances to that digital shift feels like the missing piece of the puzzle. On the flip side, it’ll be interesting to see how Barq differentiates itself from more established players. Competition in mobile wallets is fierce, and flashy features sometimes fizzle.

That said, Barq teaming up with a heavyweight like Thunes does look like a solid bet. It’s the kind of collaboration we at Arageek keep an eye on, because these are exactly the moments that show how fintech in the region is moving from ideas on paper to impact on the ground. And if there’s one thing I’ve learned following MENA startups, it’s that small shifts in financial access can snowball into something much bigger. For now, millions of Saudi users who need to send money home may find life just got a little bit easier—even if the competition will be watching closely, chuffed to bits if Barq slips up, but maybe also a tad worried they might not.

In short: the partnership isn’t just about tech, it’s about trust, timing and, well… the everyday convenience of getting money where it needs to go without the usual headaches. Or, to put it simply, a win-win—even if the road ahead is definately still crowded.

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