- Use promo code 3FREE to get three free transfers
- Easy to use with round-the-clock help
- Get cash to family and friends in minutes
The Kyrgyz Republic, also known as Kyrgyzstan, maintains good bilateral relations with the UK. The UK aims to deepen democracy and embed an international rules-based system in Kyrgyz legislation; support defence and security co-operation, work to reduce conflict, encourage sustainable economic growth, and providing modern and efficient services to British nationals.There are plenty of reasons why you might want to send money from the UK to the Kyrgyz Republic and whatever your reason, there are plenty of transfer options to choose from.
My bank handles all my other financial transactions, so surely it’s the best place to go when I want to send money overseas, right? Wrong. Banks are actually close to the worst place to go when you want to send an international money transfer — they offer poor exchange rates and charge high fees, meaning you have to pay a lot more than you should to lodge a transfer.
You can get a much better deal if you use a company that specialises in sending money transfers. They can offer better exchange rates and fees that won’t put too much strain on your wallet, resulting in substantial savings when you calculate the total cost of a transaction.
When he gets a phone call from his son who is travelling through Kyrgyzstan, Kevin immediately knows something must be wrong. Tom, his son, has been mugged on a late-night bus and only has about £10 left to his name. He needs funds urgently to pay for a hotel and book a flight home, so Kevin agrees to send him £1,000 as soon as possible. He compares the services of two money transfer companies that provide fast transfers and cash pickup options.
|Money transfer company 1||Money transfer company 2|
|Exchange rate||£1 = 83.61||£1 = 84.23|
|Payment method||Bank deposit, credit card, debit card||Bank deposit, credit card, debit card|
|Transfer method||Cash pickup||Cash pickup|
|Processing time||Within minutes||1 hour|
|Amount received||83,610 KGS||84,230 KGS|
As you can see, Kevin can save £11 in fees by using the second transfer company, as well as send Tom an extra 520 KGS.
If you find yourself in an emergency situation where you need to send an urgent cash transfer to the Kyrgyz Republic — maybe your son or daughter is travelling through the country and has been mugged — there are several companies that offer this service. Of course, you will have to pay more if you want your money to arrive straight away, so it’s essential that you check the exchange rate and fee that apply to your transaction before handing over your cash.
You’ll need to provide certain details before you can lodge an international money transfer, including:
After paying for your transaction, you will be able to track your transfer by using the transaction ID number you are given.
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