Money transfer operations

PRIVE resident

Resident

Non-resident

Type of banking operation

Individual

Legal entity

Individual

Legal entity

Individual

Legal entity

1.1 AMD transfers

1.1.1 Intrabank/transit/ transfers of non-account holders, based on passport details

0.3% min 500

0.3% min 500

0.3% min 500

0.3% min 500

0.3% min 1000

0.3% min 1000

1.1.2 From the customer's bank account during the banking day with orders submitted and completed on the next banking day

Free of charge

Free of charge

Free of charge

Free of charge

Free of charge

The first 5 transfers-free of charge during the month; each successive one- 1000 AMD

1.1.3 With orders submitted from the customer's bank account during the banking day by 15:00 and executed on the same day

Free of charge

Free of charge

Free of charge

Free of charge

Free of charge

The first 5 transfers-free of charge during the month; each successive one- 1000 AMD

1.1.4 AMD cash transfers deposited by individuals to accounts in other banks without opening a bank account

Up to 50.000 AMD /only for payments to the RA State Budget and local budgets/

300

300

300

Up to 500.000 AMD

500

500

500

From 500.001 to 1.000.000 AMD

800

800

800

From 1.000.001 AMD and more

1.000

1.000

1.000

For payments on property tax, regardless of the payment amount

300

300

300

1.1.5 Deposits made by the local budgetary institutions of the Republic of Armenia to their own accounts regardless of the amount / in case the institution has a reference on the employee/

300

300

300

300

300

300

1.1.6 Transfers in AMD, USD and Euros through the Bank_mail system in the territory of the Republic of Armenia

Free of charge

Free of charge

Free of charge

Free of charge

Free of charge

Free of charge

SWIFT

2.1 Currency Transfers (by OUR option)

2.1.1. Transfers from USD accounts within 2 banking days

0.125% min 15,000 AMD max 60,000 AMD

0.125% min 15,000 AMD max 60,000 AMD

0,125% min 15,000

0,125% min 15,000

0.2 % min 15 000

0.2 % min 15 000

2.1.2 Transfers from EUR accounts within 2 banking days

0.125% min 7,500 AMD max 60,000 AMD

0.125% min 7,500 AMD max 60,000 AMD

7.000

7.000

0.2 % min 7.000,

max 70.000

0.2 % min 7.000,

max 70.000

2.1.3 Transfers from RUR accounts within 2 banking days

0.125% min 7,500 AMD max 60,000 AMD

0.125% min 7,500 AMD max 60,000 AMD

3.000

3.000

0.2 % min 7.000,

max 70.000

0.2 % min 7.000, 

max 70.000

2.1.4 Transfers from GBP  accounts within 2 banking days

0.125% min 25.000 AMD max 60,000 AMD

0.125% min 25.000 AMD max 60,000 AMD

0.2 % min 15 000

0.2 % min 15 000

0.2 % min 15 000

0.2 % min 15 000

2.1.5 Transfers from CNY accounts within 2 banking days

0.125% min 7,500 AMD max 60,000 AMD

0.125% min 7,500 AMD max 60,000 AMD

0.125% min 7,500 AMD max 60,000 AMD

0.125% min 7,500 AMD max 60,000 AMD

0.3% min 40,000 AMD max 110,000 AMD

0.3% min 40,000 AMD max 110,000 AMD

2.1.5.1 Transfers in other convertible currencies within 2 banking days

0.25% min 15,000 AMD max 60,000 AMD

0.25% min 15,000 AMD max 60,000 AMD

Under the agreement

Under the agreement

0.4 % min 25 000

0.4 % min 25 000

2.1.5.2 Transfers in other convertible currencies within 2 banking days AMD

0.2 % min 7.000,

max 70.000

0.2 % min 7.000,

max 70.000

3.000

3.000

0.2 % min 7.000,

max 70.000

0.2 % min 7.000,

max 70.000

Transfers from USD accounts within 1 banking day

0.2% min 25,000 AMD max 100,000 AMD

0.2% min 25,000 AMD max 100,000 AMD

Transfers from EUR, RUR accounts within 1 banking day

0.2% min 20,000 AMD max 100,000 AMD

0.2% min 20,000 AMD max 100,000 AMD

Transfers from GBP accounts within 1 banking day

0.2% min 25,000 AMD max 100,000 AMD

0.2% min 25,000 AMD max 100,000 AMD

2.2 Transfers from USD, EUR and RUR accounts via GUARANTEED OUR option

current tariff for OUR transfer + 10,000 AMD

current tariff for OUR transfer + 10,000 AMD

current tariff for OUR transfer + 10,000 AMD

current tariff for OUR transfer + 10,000 AMD

current tariff for OUR transfer + 10,000 AMD

current tariff for OUR transfer + 10,000 AMD

2.3. Transfers from RUR, EUR and USD accounts via BEN option

5.000

5.000

5.000

5.000

5.000

5.000

2.3.1 SWIFT international transfer for payment and settlement organizations

-

0.2 % min 10 000

0.3 % min 15 000

2.3.2 SWIFT international transfer for Investment companies

Under the agreement

Under the agreement

Under the agreement

Under the agreement

Under the agreement

Under the agreement

2.4 Changing or canceling the terms of the transfer according to the written request of the customer

AMD

0.2% min 200 max 5.000

0.2% min 200 max 5.000

0.2% min 200 max 5.000

0.2% min 200 max 5.000

RUR

30.000

30.000

5.000

5.000

5.000

5.000

Other currencies, up to 60 days

30.000

30.000

30.000

30.000

30.000

30.000

Other currencies, 60 days and more

30.000

30.000

50.000

50.000

50.000

50.000

2.5 Return of unsettled funds (the tariff is not applied if the money was returned as a result of forgery)

30.000

30.000

30.000

30.000

30.000

30.000

2.6 Refund of money transferred in foreign currency on behalf of the customer

30.000

30.000

30.000

30.000

30.000

30.000

2.7 International transfers on the recommendation of Resident Correspondent Banks

USD

0.125% min 15,000 AMD max 60,000 AMD

0.125% min 15,000 AMD max 60,000 AMD

3.000

3.000

3.000

3.000

EUR

0.125% min 7,500 AMD max 60,000 AMD

0.125% min 7,500 AMD max 60,000 AMD

3.500

3.500

3.500

3.500

All types of commissions are charged by the Bank in AMD at the current exchange rate set by the Central Bank of Armenia.

The set tariffs also apply to the customers using the “Bank-customer” system.