Uzbek citizens to be able to use bank cards in national currency abroad
Trend | January 16, 2018- Uzbek citizens will be able to use international plastic cards of Uzbek banks in national currency in other countries, Shukhrat Atabaev, deputy chairman of the Central Bank of Uzbekistan, said.
The deputy chairman of the bank, together with representatives of ministries and departments of the economic bloc, took part in the discussion of issues of development and liberalization of Uzbekistan’s economy, which was held at the Information and Analysis Center “Development Strategy.”
A lot of work is being done to create a retail payment system integrated with the leading international payment systems, Atabaev noted.
Great emphasis is placed on creating a system that will allow citizens of Uzbekistan to use bank cards in the national currency abroad.
In November 2017, Galym Tabyldiev, Visa regional manager of Central Asia, said that international payment systems are ready to work with plastic cards in Uzbek currency.
In particular, a holder of the VISA card will be able to pay for goods and services in any country where this payment system is present, and during the settlements, the Uzbek currency will automatically be converted into the currency of a host country, Tabyldiev noted.