Citizens can deposit up to $10,000 a month on VISA Classic Syýahat and MasterCard Standard Syýahat international payment cards that are issued by the State Bank for Foreign Economic Affairs of Turkmenistan, said Acting Head of the Bank’s Individual Accounts Department Myahri Bazarova in an interview with Business Turkmenistan.
Bazarova noted that any citizen of Turkmenistan can apply for the new international bank cards.
Bazarova said the cards can only be replenished in foreign currency and that customers are not required to provide information on the origin of the deposited funds.
The representative of the Bank also emphasized that the card account can be replenished both in cash and with transfer of funds from other foreign currency accounts.
“The possibilities of both cards are the same. You can daily withdraw $200 in cash from them. The bank charges 1.75% fee for the withdrawal. But there are no limitations with cashless payments,” Bazarova added.
The State Bank for Foreign Economic Affairs of Turkmenistan started issuing Syýahat cards on November 1. According to the bank, citizens who wish to own these cards can apply to the bank by providing their personal passport and a copy of it, as well as a copy of biometric passport’s data page. The customers of the bank will receive their Syýahat cards in a week.