Dayhanbank review

Updated October 12, 2026 · VaultCue Editorial Team

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Dayhanbank places mobile access at the heart of everyday money management through its Turkmen state commercial banking operation. It suits residents who want domestic account handling with credit and institutional services close by and prefer a national provider for daily needs in Turkmenistan.

Key facts

Best for
Everyday banking with a Turkmen state bank
Currency conversion fee
1.5%↗
Transfer fee
0.1% of the amount, min 17.39 manat, max 500.00 manat for domestic payments from serviced customers' accounts; payments abroad 500 manat up to 1,000 USD, 1,000 manat 1,001-25,000 USD, 1,500 manat 25,001-50,000 USD, 2,000 manat over 50,000 USD, plus correspondent bank charges↗
Legal entity
State Bank for Foreign Trade of Turkmenistan "Dayhanbank"↗
Headquarters
Turkmenistan↗
Founded
1999↗
Support channels
Email, Phone↗
Audience
Business
Official website
dayhanbank.gov.tm

Money transfer

Exchange rate markup
0.4%↗
Payout methods
Bank, Cash-pickup, Card↗
Fee to send 1,000
TMT 500↗

Savings

Account kind
Easy access↗

Facts checked September 26, 2026, 4 sources

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • Downloadable mobile banking for managing everyday balances by phone
  • Dedicated application route for people seeking credit from the bank
  • Interbank services aimed at legal entities alongside personal banking

Cons

  • Turkmenistan centred operation offers little for people banking across borders
  • Core range leans toward credit and institutional services rather than everyday extras
Dayhanbank

Ready to try Dayhanbank?

Who it suits

  • Residents managing everyday money inside Turkmenistan
  • Borrowers seeking a state bank credit route
  • Legal entities needing interbank services

Who should look elsewhere

  • People seeking banking outside Turkmenistan

Where Dayhanbank is available

Available
Turkmenistan

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What is Dayhanbank?+

Dayhanbank is a state commercial bank in Turkmenistan serving personal customers and legal entities. It provides everyday money management alongside credit routes and interbank services. Its public identity emphasises a national banking role with mobile access.

Where does Dayhanbank operate?+

Dayhanbank operates as a Turkmen national bank with a domestic focus. You can expect its everyday accounts, credit routes and institutional services to centre on needs inside Turkmenistan. People who live or work locally will find its coverage most relevant.

How does mobile access work?+

Dayhanbank highlights a dedicated mobile option for Turkmen customers handling everyday banking. You download the Dayhanbank mobile service and manage balances through your phone. The bank positions mobile access as a central channel for daily account use.

What currency conversion fee does Dayhanbank charge?+

The currency conversion fee at Dayhanbank is 1.5%. (Source, checked September 26, 2026)

Where is Dayhanbank based?+

Dayhanbank is based in Turkmenistan. (Source, checked September 26, 2026)

When was Dayhanbank founded?+

Dayhanbank was founded in 1999. (Source, checked September 26, 2026)

How can I contact Dayhanbank support?+

Dayhanbank offers support through Email, Phone. (Source, checked September 26, 2026)

Sources

  • dayhanbank.gov.tm/page/1/bank-barada checked September 26, 2026

    Backs: Founded

    “by decree No. 3970 of 3 December 1998, on 1 January 1999 the State Bank for Foreign Trade of Turkmenistan "Dayhanbank" was established”

  • dayhanbank.gov.tm/page/21/nyrhnamalar checked September 26, 2026

    Backs: Account kind, Currency conversion fee, Exchange rate markup, Payout methods, Transfer fee, Fee to send 1,000

    “Nagt däl görnüşinde goýum hasabyna gelen pul serişdelerini nagt görnüşinde bermek (savings account, clause 6.2)”

  • dayhanbank.gov.tm/page/3/salgylarymyz checked September 26, 2026

    Backs: Headquarters, Support channels

    “Our address: Turkmenistan, Ashgabat, 465 Independence Street”

  • dayhanbank.gov.tm checked September 26, 2026

    Backs: Audience, Legal entity

    “Loans: Individuals, Private entrepreneurs, Corporate entities”

Compiled from 4 source pages, checked October 13, 2026. We did not open an account.

Not confirmed yet: Monthly fee, Licence type, Deposit protection, Currencies.

Dayhanbank

Dayhanbank

Everyday banking with a Turkmen state bank

See alternatives