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Shinhan Bank Kazakhstan JSC

Remittances

Transfers across Kazakhstan and abroad — 1-business-day transfers to South Korea.

Shinhan Bank Kazakhstan JSC provides money transfer services that have proven to be a reliable tool when you need to transfer funds from one point of the world to another promptly. To use remittance services, customers must open a current account free of charge, after which they can transfer funds in local and foreign currencies within Kazakhstan or abroad in any direction.

Available operations:

  • transfers in national and foreign currencies
  • internet banking transfers in national and foreign currencies

Special feature: transfers to the Republic of Korea are made within 1 business day. Transfers are only possible if an account is open.

Documentation requirements:

  • KZT transfers to residents: no additional documents required
  • KZT transfers to non-residents: per Republic of Kazakhstan currency legislation
  • foreign currency transfers to residents: per Republic of Kazakhstan currency legislation

The bank transmits budget/tax payment information promptly (within 15 minutes from the moment of initiation of payment) to government information systems through the e-government payment gateway.