
BAKAI is the first bank in Kyrgyzstan to launch Visa Direct Account & Wallet for individuals fully online, directly in the BAKAI mobile app. For bringing this to market, the bank received a special award from Visa.
The new service lets BAKAI clients make international account-to-account transfers straight from the app - fast, easy, and without ever visiting a branch. No additional documents, no complicated steps. Everything happens online in just a few taps.
BAKAI is the first bank in Kyrgyzstan to deliver Visa Direct Account & Wallet in a fully digital format for individuals.
The service offers one of the widest international transfer footprints of any bank in Kyrgyzstan, with transfers available to China and Hong Kong, the US, UAE, Turkey, Singapore, South Korea, Malaysia, India, Switzerland, the UK, Canada, Pakistan, Thailand, Vietnam, Indonesia, and Japan.
China is a particular focus - one of the most-requested destinations among clients.
Through the BAKAI app, users can send money directly to:
Alipay - for a wide range of payments and transfers
WeChat - for transfers between individuals
Unlike traditional card-to-card transfers, this service runs on an account-to-account model, which significantly expands the range of available destinations and removes the dependency on card networks.
"We want to bring world-class financial solutions to our clients in the most convenient digital format. Launching Visa Direct Account & Wallet inside the BAKAI app is an important step forward - for international transfers and for the bank's digital ecosystem as a whole," said BAKAI.
Visa Direct Account & Wallet will also be coming to BAKAI Business clients, companies and entrepreneurs, giving businesses the ability to make international transfers online through BAKAI's digital platform, quickly and without a branch visit.
The Visa award is a confirmation of BAKAI's leadership in digital financial services and cross-border payments. BAKAI will keep expanding the service - more countries, more currencies, more options for clients.
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