MBANK Kyrgyzstan card for Russian citizens

A short orientation page for someone researching MBANK for the first time. Basic facts and links to deeper articles.

What this card is

MBANK is the brand of OJSC Commercial Bank KYRGYZSTAN. It issues Visa cards and serves non-residents including Russian citizens. The card works in App Store, Google Play, Netflix, Spotify, hotel and flight bookings, and most international SaaS subscriptions.

What is needed to open

Your Russian-side duties

  1. notify FNS within 30 days of opening (form KND 1120101);
  2. file the annual movement-of-funds report if turnover exceeds 600,000 RUB;
  3. comply with articles 9 and 12 of Federal Law 173-FZ on currency regulation.

Total cost

Rough budget excluding travel: 10,000 RUB consultation, 2,000–3,000 RUB notary POA, 3,000–5,000 RUB annual card fee, 1,000–3,000 RUB for occasional SWIFT transfers. 16,000–21,000 RUB for the first year.

Deeper reads

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