9 октября 2024
International transfers at reduced rates!
International transfers at reduced rates!
KICB informs its clients about the launch of correspondent banking relationships with Citibank and provides all customers the opportunity to take advantage of SWIFT transfers in USD and over 75 other currencies worldwide.
What makes transfers via Citibank different from other SWIFT transfers?
- High transfer speed, with payment processing in USD taking about 1 minute, subject to compliance requirements.
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Payment reliability due to the absence of intermediary banks.
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Cost-effectiveness, as there are no fees from third-party banks. The recipient receives the full payment amount.
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Global reach and the ability to make payments to over 180 countries in various currencies. KICB clients now have access to countries where transfers were previously unavailable in Kyrgyzstan.
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Multicurrency option, allowing the transfer of funds in any currency from your USD account. No restrictions on the transfer amount, except for those provided by the specific country’s laws.
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Payment tracking system, which allows clients to monitor the movement of funds.
As part of a promotion until December 31, 2024 (inclusive), the commission for SWIFT payments in USD ranges from a minimum of $35 to a maximum of $450.
SWIFT transfers can be easily and quickly processed in the KICB Business mobile app, saving time and allowing you to make payments from your office at your convenience. By saving payment templates, you can send payments to partners and clients with just a few clicks. We would like to remind you that individual entrepreneurs and legal entities can connect to the KICB Business mobile app without a fee from September 1 to December 31, 2024.
ABOUT KICB
KICB was established in 2001 by the Kyrgyz Republic and international financial organizations: the Aga Khan Fund for Economic Development (AKFED), the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the German Development and Investment Corporation (DEG). Currently, AKFED, together with the Cabinet of Ministers of the Kyrgyz Republic, is the major shareholder. Additional information about the bank is available at www.kicb.net.