In July 2026, through international money transfer systems (IMTS), 56.4 billion tenge were sent from Kazakhstan, while 15.9 billion tenge were received from abroad. Thus, the volume of outgoing transfers was 3.5 times larger than incoming ones, with the difference amounting to 40.4 billion tenge. This was reported by Qazaqyia.kz citing Kursiv Media.
The market has noticeably shrunk compared to last year. In July 2025, 70.4 billion tenge were sent abroad via IMTS, meaning the volume of transfers decreased by 20%, or 14.1 billion tenge, over the year. The number of transactions fell by 9.6% — from 139.6 thousand to 126.2 thousand. Incoming transfers dropped even more sharply: from 21.3 billion to 15.9 billion tenge, or 25.1% year-on-year. The number of such transactions also decreased by about a quarter — from 51.5 thousand to 38.6 thousand.
Uzbekistan remains the largest destination for outgoing transfers, but the amount sent there fell by 32% over the year, from 29.9 billion to 20.4 billion tenge. Transfers to Russia amounted to 17.1 billion tenge, compared to 17.9 billion a year earlier, a decline of only 4%. As a result, Russia's share in outgoing transfers rose from 25.3% to 30.4%, while Uzbekistan's share fell from 42.5% to 36.1%.
The structure of inflows to Kazakhstan also changed. In July 2025, Russia was the main source of transfers with 5.3 billion tenge, but a year later, inflows from there plummeted by 46% to 2.85 billion tenge. As a result, the United States took the lead with 2.95 billion tenge, although that was still 9% less than a year earlier.
The balance of power among transfer systems has also changed significantly. Through Zolotaya Korona, 43.9 billion tenge were sent from Kazakhstan in July 2026, compared to 61.1 billion a year earlier, a decrease of 28%. Its share fell from 86.7% to 77.9%. At the same time, transfers via Western Union increased by more than half — from 6.5 billion to almost 10 billion tenge, and the system's share rose from 9.3% to 17.7%.