MBANK Launches Bank Account Transfers to the USA, the UK, South Korea, and European Countries

Need to send money to a relative in the United States, a business partner in Europe, or a contractor in South Korea? Previously, you had to choose between a card transfer and a SWIFT transfer, while convenient options for payments to legal entities were limited. Now, the MBANK app offers a new solution — Visa Direct Account transfers by bank account number.

How to make a transfer

• Select the destination country — the USA, the UK, South Korea, or SEPA countries (Europe).
• Choose the recipient type: individual or legal entity.
• Enter the recipient's bank account details.
• Specify the transfer amount.
• Confirm the transaction.

Transfers are sent in US dollars (for the USA, the UK, and South Korea) or euros (for SEPA countries), while the recipient receives the funds in their country's local currency.

Funds can be debited from any MBANK account — in KGS, USD, EUR, or RUB. The amount is automatically converted into the transfer currency at the bank's exchange rate.

Before confirming the transaction, the app displays all key details, including the debit amount, transfer fee, exchange rate, and the amount the recipient will receive.

Transfer fee: 1% of the transfer amount, with a minimum fee of USD 3 or EUR 3.

MBANK — The First Digital Bank. Made in Kyrgyzstan!

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