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Best way to transfer low 6-figure out of Kyrgyzstan?

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Oct 25, 2018
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Does anyone have a suggestion of what would be the best way to get a 2-300k $ amount out of Kyrgyzstan where it is currently parked at an intermediary ?
Destination South East Asia, private account (preferably) or crypto or company (less preferred). Any currency

Origin of these funds is a transaction in Russia, obviously I don't want to trigger scrutiny on the origin of funds given the current situation
 
On horseback.

CNH (International Yuan) would be best but too⁢ many sanctions around anything Russia related and you have not explained what type of transaction︀ you did which might turn out to be outside scope of sanctions in best case.︁ I mean anything that could be in breach of US or EU sanctions best to︂ avoid totally and I cannot offer any advice in such a case.
 
Enterprise Software sales, in⁣ fact the contract was signed years ago before everything started, not strictly subject to sanctions,⁢ but nowadays everything is considered pretty much the same way.
Now a few intermediaries involved,︀ including me, making even more difficult to provide a simple linear story of the deal.︁

I was also thinking of CNH sent to Bank of China Malaysia/Singapore, but I believe︂ receiving it on a personal account may trigger some scrutiny.
 
The sanction situation changes each day.⁤ Latest I read (13 June 2024) is below 😕.

https://hongkongfp.com/2024/06/13/h...sanctions-for-supporting-russias-war-economy/
--- quote start

“We are⁣ increasing the risk for financial institutions dealing with Russia’s war economy and eliminating paths for⁢ evasion, and diminishing Russia’s ability to benefit from access to foreign technology, equipment, software, and︀ IT services,” US Secretary of the Treasury Janet Yellen said.

--- quote end

100% don't send anything to Singapore. No idea what to suggest here at moment.
 
your initial suggestion has been good.⁢ Horseback with a bunch of benjamin paper. The rest is all way too murky esp︀ since he did not say which one country of southeast asia he wants it to︁ go to.
 
Agreed Singapore⁠ is not a candidate, possible options with personal bank accounts are in Malaysia, Vietnam and⁤ potentially Thailand and Cambodia.

I am aware that everyone is afraid of secondary sanctions, that's⁣ why I am saying anything is considered like sanctioned nowadays, so anyone that would require⁢ to know the origin of the funds won't work.
I am also considering opening personal︀ account in Kyrgyzstan, parking funds there and figure out how to transfer them out little︁ by little exploring different ways.
 
need to secure⁢ some form on long term visa first id say. Then open the accounts.
 
I think that there would be a few acceptable options but it depends on what‌ fits your need.

Theoretically, I think it would be possible to incorporate in KZ and‍ use a reliable bank there like Jusan for transferring the funds. It is less difficult⁠ to work with the funds once they are there, but it is more difficult to⁤ prepare a way for the funds to be injected into that new entity.

Otherwise, it⁣ could be better to focus on less Western-involved currencies. For example, CNH as suggested by⁢ @Martin Everson. Otherwise, possible candidates can be ZAR or AED. But for those you︀ would need to work with the respective local countries, which again adds difficulty.

Depending on︁ your nationality and residency, it could be arranged for an account to opened in a︂ European jurisdiction like Hungary or Serbia, where the receiving of funds from the intermediary would︃ be less complex.
 
What about buying crypto locally? Maybe even with cash? Or Binance/HTX p2p?
 
Should pretty easy to exchange it in bishkek for crypto . If you can get⁢ it in cash or also via bank transfer (crybex or 001k).
 
How tolerant Kyrgyz banks to p2p transactions. I mean the best would be to open‌ your own position and fish for sellers. But I got my TBC account closed in‍ Georgia for this.
 
This! 😉
Then buy Bitcoin P2P little by little!
 
No need for explanations in DMs, unless you're selling/advertising/promoting something and trying‍ to get banned?

Just post the information here in the thread.
 
I think the main problem with posting stuff like this‍ in public is that
  • The person you are recommending may not be very happy to⁠ have his direct contact in a public forum.
  • A solution only works as long as⁤ there aren't 1000 people contacting them each month, and most often with morally questionable intentions.⁣
That's why I only refer contacts in private messages (for free).
 
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