Yes. You absolutely can. Check this link for some detail and a tutorial but here is the leader text to see if it fits your use-case:
Anchors can also facilitate payments made through Stellar instead of simply on Stellar.
For example, a customer could want to send \$1000 USD worth of EUR to a friend’s bank account in Germany. Anchor A could collect the sending and receiving customer’s information, make a USD->EUR path payment on Stellar to Anchor B (in Germany), and Anchor B could deposit the funds into the recipent’s bank account.
EDIT: just in case you knew that, there is also the following:
[....] If you have specific compliance needs you can, for example:
require that any holder of your token pass your KYC program
enforce Reg D ownership requirements for your token
control access to your tokens via multi-signature accounts
create time-locked escrows for any account or asset
This functionality is built in at the protocol level; tokenization is a fundamental part of the network, so the supporti[....]