Money transfers
You can make money transfers in the national currency through:
- The Bank branches (CLEARING, GROSS, intra-bank transfers, including your credit card debt repayment);
- The Internet banking (CLEARING, GROSS, intra-bank transfers, including your credit card debt repayment). Subject to the activation of the "Full Mode" option;
- The Bank ATMs (intra-bank transfers, including your credit card debt repayment).
To make a transfer you need to:
- Have an account with the Bank;
- Replenish your account with the amount of the transfer and the fee (for transfers through CLEARING, GROSS systems);
- Provide the required details for making the payment (for transfers through the Bank branches).
Money transfer systems
Transfers through CLEARING
CLEARING is a system of money transfers across the territory of the Kyrgyz Republic. Transfers are carried out from the payer’s current account to the payee’s current account.
* The transfer amount of one payment order through CLEARING is up to 1,000,000 soms
GROSS
GROSS differs from CLEARING with the velocity and amounts of payments. That is, it is used when making large and urgent payments.
* The transfer amount of one payment order through GROSS system is unlimited
Intra-bank transfer
Thanks to intra-bank transfers, you can quickly transfer funds:
- between your current accounts opened with DemirBank, including your credit card debt repayment;
- from your current accounts to third party accounts opened with DemirBank.
DemirBank’s tariffs for money transfers
Fees for money transfers in the national currency through CLEARING
| Through branches / savings banks(during the clearing time from 9:00 a.m. to 11:00 a.m.) | |
| Up to 5,000 soms | 5 soms |
| From 5,001 soms to 100,000 soms | 50 soms |
| From 100,001 soms to 500,000 soms | 60 soms |
| 500,000 soms and higher | 70 soms |
| With use of the Internet Banking during the clearing time from 9:00 a.m. to 11:45 a.m. | 12 soms |
Fees for money transfers in the national currency through GROSS
| Through branches / savingsbanks during the gross time from 9:00 a.m. to 3:00 p.m. (on the pre-holiday day until 2:00 p.m.) | 165 soms |
| With use of the Internet Bankingduring gross time from 9:00 a.m. to 4:00 p.m. (on the pre-holiday day until 3:00 p.m.) | 12 soms |
Fees for GROSS money transfers in the national currency
| Through the Bank branches between the client accounts | Free |
| Through the Bank branches to third party accounts | 15 soms |
| With use of the Internet Banking | Free |
| Through DemirBank ATMs | Free |
Money transfers in a foreign currency
DemirBank carries out SWIFT payments - transfers of funds in a foreign currency (US dollars, EURO, Russian rubles, Chinese yuan, Kazakh tenge and other currencies to anywhere in the world). SWIFT is an international interbank money transfer system.
The Bank also offers two types of transfer: OUR and BEN.
- OUR: the correspondent bank fee is paid by the payer.
- BEN: the correspondent bank fee is debited from the transfer amount.
* You can also make intra-bank money transfers in a foreign currency through DemirBank branches and ATMs.
SWIFT Transfers
- Contact DemirBank to open an account and receive the details. If you have an account, contact DemirBank to receive the details or download the details here;
- Provide this information to the payer of the funds;
- The details must include the payee's full name and bank account number (in the currency in which the funds must be received);
- After completion of the money transfer, contact DemirBank and, upon
* The SWIFT transfer completion period is usually 3 business days.
Money transfers in a foreign currency
Intra-bank transfer
Thanks to intra-bank transfers, you can quickly transfer funds:
-
between your current accounts opened with DemirBank, including your credit card debt repayment;
-
from your current accounts to third party accounts opened with DemirBank.
-
from your current accounts to third party accounts opened with DemirBank.
Intra-bank transfer
Now all holders of Visa and MasterCard cards from DemirBank can receive a money transfer through Zolotaya Korona system.
To do this, you need to:
-
Download the free KoronaPay mobile application
-
Enter your details: full name and phone number
-
Click “Receive a transfer to my card” button
-
Enter your bank card number (16-digit card number)
-
Click “Transfer to the card” button
-
Done
Fast money transfers
DemirBank offers its clients FAST and RELIABLE sending / receiving money transfers to / from anywhere in the world.
A money transfer via the international money transfer system in the territory of the Kyrgyz Republic is provided to the payee in a sending country’s currency, other than the national currency of the Kyrgyz Republic – som (KGS).
It is possible to recall/cancel a money transfer via the international money transfer system from the territory of the Kyrgyz Republic only in the currency of the sender’s country or in the national currency.
Conversion (exchange operation) of a money transfer received through the money transfer system from the transfer / payment currency to another currency is carried out in compliance with the legislation of the Kyrgyz Republic. Conversion of a money transfer is carried out by banks of the Kyrgyz Republic only at the rate indicated in the information board of foreign currency purchase and sale rates (as for the exchange of cash currency), in compliance with the Regulation “On the procedure for conducting exchange transactions with foreign currency in cash in the Kyrgyz Republic”, approved by the Resolution No. 2019-P-12 / 42-1- (NPA) issued by the Board of the National Bank of the Kyrgyz Republic on August 14, 2019.
(As amended by the Resolutions of the Board of the National Bank of the Kyrgyz Republic: No. 59/6 dated September 30, 2015; No. 2018-P-14/37-3-(PS) dated September 13, 2018; No. 2020-P-14/12-2-(PS) dated March 18, 2020; No. 2022-P-14/24-1-(PS) dated April 18, 2022; No. 2022-P-14/47-6-(PS) dated July 27, 2022. https://www.nbkr.kg/contout.jsp?item=106&lang=RUS&material=109883 )