In short: Suits those who live in Kyrgyzstan and want a free digital Visa with cashback and a convenient app. The website does not say whether the bank will issue a card to a foreigner.
Terms for non-residents
- Non-residents
- Check with the bank
- Remote account opening
- Check with the bank
- Visa / Mastercard
- Yes
- Russian-language support
- Yes
- Former name
- Halyk Bank Kyrgyzstan; in November 2023 the sale of 100% of the shares to a consortium led by Visor Holding International DMCC was announced
- Owner
- Per an Economist.kg report of 12 November 2023, 100% of the shares of the former Halyk Bank Kyrgyzstan were being bought by a consortium led by Visor Holding International DMCC (the group of Aidan Karibzhanov, which also owns the mobile operator O!); the seller was Halyk Bank of Kazakhstan
- Size
- KGS 30.01 billion in assets as of 30 June 2026
- License
- National Bank of the Kyrgyz Republic license No. 044 of 17 September 2024
- Visa Cashback
- physical and digital, free issue, servicing KGS 0; cashback in bonuses of 0.5% for everyone and 2% with an O!Prime subscription
- Visa Platinum
- free issue, two free business lounge visits a year, a concierge service in Telegram, up to 2% cashback with O!Prime
- Elkart and virtual Elkart
- works only in Kyrgyzstan; the virtual card is issued in the My O! app
- Transfers in the app
- Astrasend, Kaspi.kz, transfers to Uzbekistan
Pros
- Free issue of all cards and fast online issue of a digital Visa in the My O! app
- Up to 2% cashback and business lounges with Visa Platinum
- A wide network of offices and O!Store shops across the country
- Apple Pay support
Cons and limits
- The bank does not publish terms for foreigners
- Cashback and servicing terms on cards change; new rules apply from 1 December 2025
- Elkart works only in Kyrgyzstan
- A small bank: assets of KGS 30.01 billion
## About the bank
O!Bank operates as OJSC O!Bank under National Bank license No. 044 of 17 September 2024. It was previously called Halyk Bank Kyrgyzstan. According to an Economist.kg report of 12 November 2023, a consortium led by Visor Holding International DMCC was buying 100% of the shares; it is linked to the group that also owns the mobile operator O!. The seller was Halyk Bank of Kazakhstan.
At 30 June 2026 assets were KGS 30.01 billion, substantially less than the market leaders (Eldik Bank KGS 295 billion, ABank KGS 271.1 billion). The bank has many offices and O!Store shops across the country, and the My O! mobile app combines the operator's wallet with banking functions.
## Account for non-residents
The bank publishes no terms for non-residents or Russian citizens on its website. It is only known that a digital card can be opened in the My O! app in the Cards section, and that a physical card can be obtained against a passport at any O!Bank office or O!Store shop. The bank does not specify whether this procedure suits a foreigner, so call or visit an office beforehand.
## Cards and payments
All cards are issued for free.
| Card | Terms |
|---|---|
| Visa Cashback | physical and digital, som, servicing KGS 0, cashback 0.5% or 2% with an O!Prime subscription |
| Visa Platinum | two free business lounge visits a year, a concierge in Telegram, up to 2% cashback with O!Prime |
| Elkart and virtual Elkart | som, works only in Kyrgyzstan |
Free cash withdrawal is available at O!Bank ATMs. Visa cards work abroad, and Apple Pay is supported. Mir cards have not been serviced in Kyrgyzstan since April 2024, and the bank does not state support for the Faster Payments System (SBP) or UnionPay. Cashback and servicing change: new rules apply from 1 December 2025.
## App and transfers
A digital card is opened in a few minutes in the My O! app or at an O!Store shop, but this applies to clients who can already be identified in Kyrgyzstan. The app offers transfers via Astrasend and Kaspi.kz and to Uzbekistan. The bank publishes no data on serving Russian citizens.
## Who it suits
- Those who live in Kyrgyzstan and want a free digital Visa with cashback.
- Users who like keeping a wallet and a bank in one app.
- Those who need Apple Pay and access to the operator's offices and shops across the country.
If you need a bank with clear documents for foreigners, look at Bakai Bank or MBANK.
Frequently asked questions
Is O!Bank the former Halyk Bank?
Yes, it is the former Halyk Bank Kyrgyzstan. In November 2023 the sale of 100% of the shares to a consortium led by Visor Holding International DMCC was announced; the seller was Halyk Bank of Kazakhstan. The license in the name of O!Bank is No. 044 of 17 September 2024.
Does the bank open accounts for non-residents?
The bank does not publish terms for non-residents or Russian citizens. Cards can be opened online through the My O! app, and a physical card is issued at an office against a passport.
How much does a card cost?
Issuing cards is free. Servicing of Visa Cashback is KGS 0. Cashback is 0.5% for everyone and 2% with an O!Prime subscription; cashback and terms change, so check the current version in the app.
Does Apple Pay work?
Yes. O!Bank was among the banks that first connected Apple Pay after the service launched in Kyrgyzstan in late July 2026.
Can I receive transfers from Russia?
Astrasend, Kaspi.kz and transfers to Uzbekistan are available in the app. The bank publishes no data on serving Russian citizens.