Compare all the best ways to send money to Uzbekistan

The exchange rate plays a key role in determining how much UZS your recipient in UZ will get.

For example, in the past month average rate for USD to UZS was 12,792.6611 UZS.

Since USD-UZS exchange rates fluctuate with market conditions, waiting a couple of days could result in a better rate, giving your recipient more UZS.

If you need to make an urgent transfer, we recommend using Wise, which has consistently offered the best rates for Uzbekistan Sum over the past six months.

The most cost-effective way to fund your transfer to Uzbekistan is through a Bank transfer with Revolut, which is % cheaper than the second-best service.

The way you fund your transfer to Uzbekistan impacts the cost, speed, and how much UZS the recipient will receive.

Based on our data from the last six months for a $2,000 transfer from the US to Uzbekistan, the following are your best options:

• Wise with bank transfer deposit costs $101.86 and has a 0% markup.

• Wise with a debit card deposit costs $16.71 with 0% markup.

• Wise with a credit card deposit costs $35.04 with 0% added to the UZS exchange rate.

We advise against using Credit card, as they tend to be the most expensive option for UZS transfers.

Credit card transfers may incur cash advance fees and higher interest rates on UZS.

CC deposits also tend to be more expensive. For example, Wise charges $35.04 for credit card deposits, while a bank transfer via Wise costs $101.86.

Whenever possible, avoid transfers via the SWIFT network to UZ. SWIFT transfers to Uzbekistan are slower and come with higher fees.

Instead, look for a cheaper option such as ACH or account balance.

Money transfer companies often have min and max limits on how much UZS you can send.

The amount you transfer can also affect the fees and the UZS exchange rate you receive. For instance, Wise is the best choice for sending large amounts to Uzbekistan.

Additionally, there may be government-imposed restrictions, commercial limitations, and other factors that influence the amount of UZS you can send.

This is why it’s really important to compare your options when transferring money to Uzbekistan.

The speed of sending Uzbekistan Sum to Uzbekistan depends on factors like the amount, timing, deposit, and withdrawal method chosen. Typically, faster transfers come with higher fees.

For example, based on a $2,000 transfer to Uzbekistan:

Use PayPal for fastest transfers

Of the 7 companies offering UZS transfers, PayPal consistently offers the fastest delivery times across all deposit methods, appearing 19 times in our searches over the past 6 months.

For bank account & card deposits use Ria Money Transfer

Ria Money Transfer offers fast and affordable Uzbekistan Sum transfers, with fees of around $4 for bank deposits and $Wise for debit card deposits, plus a small 2.8% markup on top of the UZS rate.

For credit card transfers use Wise

Based on our six-month search data, Wise takes up to one day to send UZS via credit card, with a fee of $46.87 and 0% markup.

For urgent transfers use cash transfer

If you need money urgently, we recommend cash pickup services through providers like Western Union or MoneyGram.

Avoid the SWIFT network

Avoid using SWIFT transfers for UZS transfers. Due to intermediary banks on the way to Uzbekistan, SWIFT is slower and comes with higher fees.

There are a few different ways to move money to Uzbekistan:

Money transfer services

You can transfer money online using an FX broker (managed service) such as OFX or an online-only company (self-managed) such as Wise.

Based on our six-month analysis, Wise stood out as the top money transfer company servicing Uzbekistan, appearing in 95.7% of UZS transfers in our search system.

Mobile apps and e-wallets

Most money transfer services that accept Uzbekistan offer mobile transfer apps, which often have better deals on UZS exchange rates.

You can check our guide on the best money transfer apps to find one that suits your needs.

Cash transfers

Cash transfers to Uzbekistan are sent in person through services like Ria Money Transfers, MoneyGram, or Western Union.

Transferring Uzbekistan Sum as cash is almost always instant but requires the recipient to visit a nearby agent in Uzbekistan to collect the UZS.

Bank wire transfers

You can transfer Uzbekistan Sum via your bank.

We strongly recommend not using your bank to wire UZS directly to Uzbekistan due to high fees and slow transfer times.

Instead, use the bank transfer deposit option with Wise and send UZS from there.

There are multiple ways to receive money in Uzbekistan. Picking the right one can save you on fees and speed up the UZS transfer process. Here are your options:

Deposit to the bank account

To deposit money directly into a recipient’s bank account in Uzbekistan, we recommend Wise. They appeared in 41.7% of UZS searches as the cheapest option for bank transfers to Uzbekistan.

The card transfer will also land in the recipient’s bank account in Uzbekistan. Use Wise to deposit with a debit card at just $16.71 per transfer.

Cash pickup and delivery

If the recipient in Uzbekistan needs UZS urgently or doesn’t have access to a bank account in Uzbekistan, cash pickup or home delivery are good options.

Mobile and digital wallets

You can receive UZS directly into digital wallets like PayPal, though this often comes with more limitations and costs more compared to services like Revolut.

When sending money to a bank account or e-wallet in Uzbekistan, Uzbekistan Sum will arrive without any involvement from the recipient.

However, if you're sending UZS as cash or transferring large amounts to Uzbekistan, the recipient may need the following:

• Government-issued ID: A national ID of Uzbekistan, a valid passport, or driver's license.

• Sender’s details: The sender's personal details such as full name and address.

• Transfer Details: The amount of UZS being received.

• Confirmation No.: This is usually given at the time of transfer.

• SWIFT Code / IBAN: Occasionally required for bank transfers.

The exact documents required may vary depending on the money transfer company and the transfer method used.

When sending bigger amounts to Uzbekistan, companies may request proof of funds such as bank statements and address verification with the utility bill in line with AML (Anti-Money Laundering) policies.

We recommend using Wise to send large amounts of Uzbekistan Sum.

There may be tax obligations and government-imposed limits or restrictions on UZS transfers/payments to UZ.

Some UZS transfers could be subject to taxes such as gift tax or commercial tax.

Even if no limits or taxes apply, certain UZS transfers (especially large sums of Uzbekistan Sum) may need to be reported to the tax authorities in Uzbekistan or in your country.

When unsure, it’s best to consult with a tax professional in Uzbekistan or your home country to ensure compliance with the regulations.