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If you need to send money to Uzbekistan, you can do so in a few simple steps:
You have a few options to choose from when sending money to Uzbekistan:
The easiest option might be to send an international transfer from your bank account, but you’ll need to watch out for high transfer fees. In addition, because the Uzbekistani som (UZS) is a rare currency and not widely available, you’ll usually have to send a major currency (such as USD) which can then be converted to UZS by your recipient’s bank.
Cash pick-up transfer services offer fast transfers to Uzbekistan. You can send a transfer online or in person and your recipient can often collect the cash in Uzbekistan within minutes. However, you’ll need to keep an eye out for high transaction fees and disappointing exchange rates.
Specialist money transfer services offer quick and easy transfers directly to bank accounts in Uzbekistan. They tend to provide better exchange rates and lower fees than the other available options, but keep in mind that there are very few services that allow you to send UZS to Uzbekistan – the ones that do typically offer USD.
To give you a better idea of how much your transfer will cost, let’s look at the example of sending $500 to Uzbekistan with three different cash transfer services.
| Cash transfer service #1 | Cash transfer service #2 | Cash transfer service #3 | |
|---|---|---|---|
| Fee | $15 | $42 | $9 |
| Exchange rate | 1 AUD = 0.6566 USD | 1 AUD = 0.63 USD | 1 AUD = 0.6032 USD |
| Transfer speed | Same day | Within minutes | Within minutes |
| Amount received | US$328 | US$315 | US$301.62 |
| Overall | Best value | Most expensive option | Lowest transfer fee but worst exchange rate |
As you can see in the table above, cash transfer service #1 offers the best value for money. While it can’t match the lower transfer fee of service #3, its superior exchange rate more than makes up for the difference. The higher rate allows you to send:
This example clearly shows why it’s essential to compare transfer services before you send money overseas.
The time it takes for your money to arrive will depend on the transfer service you select. While bank transfers can take two to five days to arrive, cash transfers are usually completed on the same day and sometimes within minutes. However, the downside of cash transfers is that they cost more.
If you need to send money to Uzbekistan ASAP, look for a provider that offers cash transfers. The money you send can be collected by your recipient in Uzbekistan from one of the transfer service’s agent locations, with the funds often ready for pick-up within minutes.
Ria, MoneyGram and Western Union all offer cash pick-up transfers to Uzbekistan at the time of writing.
If you don’t have a bank account, you’ll need to look for a transfer provider that allows you to pay for your transaction with cash. You’ll need to visit an agent location and provide proof of ID in order to send a transfer. Your recipient will then be able to collect the funds from their nearest agent location in Uzbekistan.
The main issue you need to be aware of when sending money to Uzbekistan is that UZS is considered a rare currency. As a result, most transfer providers will only allow you to send another currency, usually USD, when you want to transfer funds to Uzbekistan.
If you’re picking up cash from a transfer service branch in Uzbekistan, you’ll also need to exercise caution. Only pick up cash in areas you know to be safe and make sure you don’t carry large amounts of cash on your person for any longer than necessary.
While the required documentation may differ slightly between transfer services, you’ll typically need to provide the following information to send a transfer to Uzbekistan:
Compare money transfer services across the following categories to find the best value.
The exchange rate reflects the value of one currency relative to another.
From a value point of view, the best time to send an international transfer is when the AUD is performing strongly against the local currency at your transfer destination.
Today’s exchange rate USD to UZS
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