TBC Uzbekistan has rolled out a subscription service for small and medium-sized enterprises (SMEs) via its TBC Business digital banking platform.
The service comprises two tiers, named Business and Business Pro, which offer features such as bulk transfers, unlimited budget payments, and fee waivers for domestic clearing transactions.
Introduction of TBC Business
TBC Business commenced operations in December 2024 as a digital-only banking solution tailored to SMEs. The bank expanded its offerings in April 2025 by incorporating business lending capabilities, supplying short-term loans to commercial customers.
The Business tier offers ten free transactions via Uzbekistan’s national clearing system MUNIS, unlimited free transfers to legal entities and individual entrepreneurs, and free interbank transfers up to USD 8,315. The Business Pro tier comes with twenty free MUNIS transactions and a higher interbank transfer limit of USD 40,722, plus all features from the Business tier.
MUNIS as Uzbekistan’s National Payment System
MUNIS functions as Uzbekistan’s national payment system for domestic money transfers, facilitating transactions among banks and payment service providers. It processes business-to-business payments, salary disbursements, and tax payments.
TBC Uzbekistan frames the subscription service within its broader strategy of centralizing business financial operations on a single platform. The bank also provides BILLZ, a retail inventory management system for SMEs, alongside its banking and lending services.
Digital Banking Expansion in Central Asian Markets
The rise of digital banking in Uzbekistan has been spurred by regulatory reforms that allow online account opening and electronic signatures for businesses. In recent years, the Central Bank of Uzbekistan has established licensing frameworks for both digital banks and payment service providers.
SMEs in Uzbekistan often struggle to access business credit and digital financial services through traditional banking channels. Digital banks cater to these segments by offering simplified onboarding processes, mobile-first interfaces, and lending products tailored to smaller loan amounts.
Subscription-based banking models provide a consistent revenue stream from monthly fees rather than transactional charges. Banks that offer such services often include premium features like higher payment limits, fee waivers, and priority customer support in their subscription packages.
