State Bank for Foreign Economic Affairs review
Updated October 12, 2026 · VaultCue Editorial Team
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Our verdict
State Bank for Foreign Economic Affairs centres on easy-access demand deposits that stay open ended and permit extra deposits and cash withdrawals. It suits businesses who want everyday flexibility across currencies and who will check access arrangements and support options before choosing.
Key facts
- Best for
- Businesses wanting open-ended easy-access deposits across currencies
- Currencies
- 5↗
- Legal entity
- State Bank for Foreign Economic Affairs of Turkmenistan (Turkmenvnesheconombank)↗
- Headquarters
- Turkmenistan↗
- Founded
- 1992↗
- Support channels
- Email, Phone, Help-centre↗
- Audience
- Business
- Official website
- tfeb.gov.tm
Savings
Money transfer
- Payout methods
- Bank↗
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Elsewhere
- Wikidata
Pros
Pros
- Accepts extra deposits and permits cash withdrawals during the holding period.
- Supports everyday funds across currencies with email, phone and help-centre support.
Who it suits
- Businesses wanting flexible access to everyday funds
- Businesses handling transactions across different currencies
How State Bank for Foreign Economic Affairs compares
Where State Bank for Foreign Economic Affairs is available
- Available
- Turkmenistan
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What kind of account does State Bank for Foreign Economic Affairs offer?+
It offers easy-access demand deposits that remain open ended for everyday use. Business holders can make extra deposits and take cash withdrawals while the deposit continues. Review access terms and support channels before choosing so expectations match daily habits.
Which currencies does the account support?+
The account handles everyday funds across multiple currencies for flexible use. The structure supports deposits and withdrawals in the supported currencies. Match business currency needs with the account coverage before choosing.
Who suits this easy-access deposit?+
It suits businesses that prefer open-ended access over fixed terms for everyday funds. It also suits firms that make extra deposits and cash withdrawals across currencies. Consider daily access habits and support preferences before choosing the account.
Which company operates State Bank for Foreign Economic Affairs?+
State Bank for Foreign Economic Affairs is operated by State Bank for Foreign Economic Affairs of Turkmenistan (Turkmenvnesheconombank). (Source, checked September 26, 2026)
Where is State Bank for Foreign Economic Affairs based?+
State Bank for Foreign Economic Affairs is based in Turkmenistan. (Source, checked September 26, 2026)
When was State Bank for Foreign Economic Affairs founded?+
State Bank for Foreign Economic Affairs was founded in 1992. (Source, checked September 26, 2026)
Sources
- tfeb.gov.tm checked September 26, 2026
Backs: Audience, Currencies, Support channels
“For small business ... For corporate clients”
- tfeb.gov.tm/page/35 checked September 26, 2026
Backs: Founded
“The State Bank for Foreign Economic Affairs of Turkmenistan was established on 27 January 1992”
- tfeb.gov.tm/page/37 checked September 26, 2026
Backs: Headquarters, Legal entity
“Country: Turkmenistan; City: Ashgabat”
- tfeb.gov.tm/page/4 checked September 26, 2026
Backs: Access terms, Account kind
- tfeb.gov.tm/page/5 checked September 26, 2026
Backs: Payout methods
“Foreign currency transfers can be made within the bank, to other credit institutions located in Turkmenistan, and outside Turkmenistan over SWIFT”
Compiled from 5 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Licence type, Deposit protection, Currency conversion fee.
Related by the facts
Guides
State Bank for Foreign Economic Affairs
Businesses wanting open-ended easy-access deposits across currencies