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Top countries in money transfers to Kazakhstan in June revealed

Kazakhstan Materials 7 August 2024 09:27 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, August 7. About 63,800 transactions worth 19.3 billion tenge (about $40.6 million) were sent to Kazakhstan from abroad through international money transfer systems in June 2024, Trend reports.

The data from the National Bank of Kazakhstan shows that, compared to May 2024 (74,200 transactions worth 20.6 billion tenge), the number of money transfers received decreased by 13.9 percent and the volume of transactions decreased by 6.2 percent.

TOP five countries in terms of the amount of money transferred to Kazakhstan in June:

Country Number of transactions Share (%) Amount Share (%)
Russia 25,930 40.6 $11.2 million 27.6
US 7,330 11.5 $5.5 million 13.6
South Korea 3,850 6 $4.8 million 11.9
Uzbekistan 3,330 5.2 $4.1 million 10
Türkiye 4,800 7.5 $3.2 million 7.9

Meanwhile, the total number of money transfers through international money transfer systems (IMTS) in Kazakhstan amounted to 206,500 transactions worth 75.3 billion tenge (about $158 million) in June 2024. Compared to May 2024, there is a decrease in the number of transfers by 6.2 percent and in the volume of transactions by 0.6 percent.

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