Asia Alliance Bank (AAB) — Uzbekistan Banking & International Transfers

Asia Alliance Bank is a commercial bank operating across Uzbekistan with multiple branches in Tashkent. It offers personal and corporate banking services, foreign currency accounts (USD/EUR/etc.), SWIFT international transfers, local payments, card products, and a mobile/online banking app.

Accreditation & Regulatory Standing:
Asia Alliance Bank operates as a licensed commercial bank in Uzbekistan under License No. 79 issued by the Central Bank of the Republic of Uzbekistan, authorizing it to conduct full banking operations including domestic and foreign currency services.  The bank is also a member of the Uzbekistan Banking Association, reflecting its formal place within the national banking sector and adherence to national regulatory standards.  On the international side, Asia Alliance Bank has an investment-grade rating (B1 Stable) from Moody’s, signaling creditworthiness in both local and foreign currency markets.  This means clients and partners — including small business lenders and correspondent banks — can rely on its regulated status and recognized financial standing.

Services:

• International Money Transfers: You can receive and send transfers via major systems such as Western Union and others directly at branches or through the bank’s mobile app.

• SWIFT Transfers: Support for SWIFT international wire payments with tracking.

• Foreign Currency Accounts: Maintain USD/EUR accounts and conduct FX operations.

• Mobile & Online Banking: Remote access to your accounts, payments, and transfer services.

• Cards & Deposits: Visa/Mastercard products and deposit solutions in multiple currencies.

Key Cost Features (Worth Noting):

📌 No charge for incoming international wire transfers (crediting incoming funds to your currency account).

• According to official foreign currency tariff info, incoming non-cash transfers are credited with no commission on this service item!!!

This means unlike many banks that charge ~$30+ for incoming international SWIFT wires, Asia Alliance Bank does not charge a fixed fee for crediting incoming SWIFT funds — a potential cost saver for diaspora remittances.

📌 Other Foreign Transfer Fees:

• Searching for funds via SWIFT may have a fee (e.g., ~140,000 UZS + partner fees), but not for the credit itself.

📌 Western Union Transfer Costs:

• Fees vary by destination and amount (e.g., remittances to CIS, Turkey, India, other countries).

Contact & Support:

• 📞 Phone: +998 71 231-60-00

• 🕐 Hours typically ~09:00–18:00 Mon–Fri (branch-specific)

• 📍 Multiple branches across Tashkent with ATMs and service desks

Branches & Mini-Banks (Tashkent):

• Asia Alliance Bank – ул. Махтумкули 2A

• Asia Alliance Bank – «Taraqqiyot» Mini bank – ул. Ислама Каримова 17

• Asia Alliance Bank – ул. Шимолий Олмазор 13Б

• Asia Alliance Bank – Ziyolilar St 1

• Asia Alliance Bank – Nukus Street 29А

• Asia Alliance Bank – ул. Лабзак 18

• Asia Alliance Bank – Oltintepa mini bank – Oltintepa Street 39

• (Additional ATMs and spot locations available in city)

🔹 Samarkand Region

• Samarkand Regional Banking Services Office (Main)

  • Address: Kamol Otaturk Street, Samarkand, 140100, Uzbekistan

  • Phone: +998 66 231-00-33 / +998 66 231-18-30

  • Hours: Mon–Fri, 09:00–18:00.

• Samarkand Banking Service Centres & Mini Branches

  • Beruniy Centre — 32 Buyuk Ipak Yoli Street, Samarkand, 140107

  • Sugdiyona Centre — Buyuk Ipak Yoli Street, Samarkand, 140103

  • Taylok Centre — Amir Temur Street, Taylak District, Samarkand Region

  • (Older “Chopon ota” centre was closed and services were consolidated into the main Samarkand office).

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🔹 Other Regional Offices

• Karshi Regional Office — Karshi City, Kashkadarya Region

• Bukhara Regional Office — B. Nakshbandi Street, Bukhara

• Fergana Regional Office — Uzbekistan Ovozi Street, Fergana City

• Additional banking centres are located in Andijan, Kokand, Nasaf, and other cities.

https://www.aab.uz/en/

Digital Access & Languages:
Asia Alliance Bank operates a trilingual website (Russian / English / Uzbek), making it accessible for both local users and international clients. The bank also offers a full-featured mobile banking app available on Apple (iOS) and Android, allowing customers to manage accounts, payments, and transfers remotely.

Card Controls (Security Feature):
Asia Alliance Bank’s mobile app allows block / unblock control for USD-denominated debit cards, giving customers direct security management. As of the date of posting, this feature does not appear to be available for local currency (UZS) cards.