Free directory of all 12 correspondent bank SWIFT/BIC codes registered in TURKMENISTAN. Click any bank to view its full record and track an international SWIFT payment routed through it.
Turkmenistan operates one of the world's most closed financial systems under a state-controlled economy. The State Bank for Foreign Economic Affairs (Vnesheconombank) processes most international SWIFT transfers, primarily for natural gas export proceeds — Turkmenistan holds the world's fourth-largest natural gas reserves and exports primarily to China via pipeline. International correspondent banking relationships are very limited.
| RTGS / Settlement System | RTGS (Central Bank of Turkmenistan) |
|---|---|
| Currency | TMT — Turkmenistani Manat |
| Central Bank | Central Bank of Turkmenistan |
| Typical SWIFT Timing | 5–10 days (very limited international access) |
Most international SWIFT wires arrive in Turkmenistan within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Turkmenistan processes large-value interbank settlements through RTGS. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is TMT — Turkmenistani Manat. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 12