Send Money to Kyrgyzstan

GCEN
Margin Rate: 0.8%
Minimum Transfer: £2000
Transaction Fees: £0
FCA Regualted: FCA Regulated
HIFX
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
IFX
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
World First
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Currency Solutions
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated

Countries in Kyrgyzstan

Send Money Transfer to Kyrgyzstan

This small central Asian state has its own currency the Kyrgyzstani Som (KGS) though the US dollar is also widely used and dispensed alongside local currency at some cash points in the capital. There are no restrictions in place and the country is predominantly cash based.

The country has some 24 commercial banks and at least one that is a subsidiary of a foreign owned bank so a traditional wire transfer is possible.

If you want to send cash without using your bank account or if you do not have one yet, you can opt for a worldwide money transfer service via a Money Sending Bureau. These establishments are found in major cities around the world and are extremely common across Kyrgyzstan. A number of the banks also act as pick up locations. With this option however you will need to pay a significant commission on the transfer and it is worth looking around as fees can vary between just a few percent as high as 15% of the sum being sent. These institutions also often comparatively poor exchange rates so again the total costs need to be considered.

The procedure is however relatively simple: You take the money you would like to transfer to an office in cash. You have to fill in a form, pay the service fee, and show a valid ID. Alternatively, you can process your money transfer online. Once this procedure is done, the recipient can pick up the money at another office simply by showing his or her own ID. With the transaction number you receive, you can track the status of your transfer online

Bank Note System
Banknotes: 20, 50, 100, 200, 500, 1000, 5000 Som

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