O! review

Monthly fees are KGS 0 and withdrawals at the ATM are free, so holding the account costs nothing. Online transfers to Uzbekistan through the Moy O! app and to Kaspi.kz are commission free, and the transfer fee on the Kaspi route is KGS 0.

O! is OAO O!Bank, headquartered in Kyrgyzstan, and it is licensed by the National Bank of the Kyrgyz Republic under licence No. 044 dated 17.09.2024. The bank is built for business customers, so the account is aimed at companies rather than private savers.

The Kopilka Plus deposit pays 11.5% at a fixed rate for a term of 3 to 24, with a minimum deposit of KGS 1,000. Interest is credited monthly rather than held back to maturity, and the rate sits well above the site median headline rate of 3%.

Not in part. The deposit carries no partial withdrawal, so the balance stays where it is until the term runs out. Closing early after a period of holding pays part of the interest accrued, while the shortest terms pay no interest at all if you terminate them.

Transfers are Instant, 24/7, and payout methods are bank, cash pickup and wallet. Money can go to a bank account, be collected as cash, sent to a wallet or paid out to a card, which covers staff payments and supplier invoices as well as sends to family.

The account covers 4 currencies, a narrow range next to the site median currency count of 5. Among the 379 brands the site ranks on currencies, O! sits at 183, so anyone holding many currencies may find it limiting.

Support runs on phone, email and chat, so help is available by phone, by email, through live chat and via a community channel. The bank is based in Kyrgyzstan, and the everyday account adds free ATM withdrawals to monthly fees of KGS 0.

O! serves business customers, so the everyday account is shaped around company money rather than private saving. The account side is fee free at KGS 0, while the savings side is a fixed deposit paying 11.5% for 3 to 24, which suits owners who can leave funds in place.