ASTANA, Kazakhstan, April 9. About 32,150 remittances through international money transfer systems (IMTS) were made from Russia to Kazakhstan in February 2024, Trend reports.
According to the data of Central Bank of Kazakhstan, the volume of transfers amounted to 5.678 billion tenge (about $12.7 million).
At the same time, 104,340 transactions through IMTS were made from Kazakhstan to Russia for a total amount of 20.528 billion tenge (about $45.9 million).
Thus, Russia ranks first in terms of the volume of money transfers both to and from Kazakhstan. Russia’s share in the amount of remittances to/from Kazakhstan in February 2024 amounted to 29.7 percent and 34.8 percent, respectively.
Meanwhile, the volume of money transfers through international money transfer systems (IMTS) in Kazakhstan amounted to 187,600 transactions worth 60.3 billion tenge (about $134.9 million) in February 2024.
Compared to January 2024, there is an increase in the number of transfers by 15.3 percent and in the volume of transactions by 11.6 percent.
The share of money transfers carried out in February 2024 on the territory of Kazakhstan is 1.5 percent of the total number and 2.3 percent of the total amount of money transfers via IMTS.
The share of money transfers sent abroad is 98.5 percent and 97.7 percent, respectively.