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 600 AMD

0.3% min 600 AMD

0.3% min 600 AMD

0.3% min 600 AMD

0.3% min 1200 AMD

0.3% min 1200 AMD

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 including transfers with a credit code

0.15%,Minimum 200 AMD

0.15%,Minimum 200 AMD

0.15%,Minimum 200 AMD

1.1.5 Transfers in AMD, made in cash by individuals to accounts in other banks without opening a bank account for payments to the State and local budgets of the Republic of Armenia, The Compulsory Enforcement Service, as well as for property tax payments.

0.15%,Minimum 200 AMD

0.15%,Minimum 200 AMD

0.15%,Minimum 200 AMD

1.1.6 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/

400 AMD

400 AMD

400 AMD

400 AMD

400 AMD

400 AMD

1.1.7 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 18,000 AMD max 72,000 AMD

0.125% min 18,000 AMD max 72,000 AMD

0,125% min 18,000 AMD

0,125% min 18,000 AMD

0.2 % min 18 000 AMD

0.2 % min 18 000 AMD

2.1.2 Transfers from EUR accounts within 2 banking days

0.125% min 9.000 AMD max 72,000 AMD

0.125% min 9.000 AMD max 72,000 AMD

9.000 AMD

9.000 AMD

0.2 % min 9.000,

max 85.000 AMD

0.2 % min 9.000,

max 85.000 AMD

2.1.3 Transfers from RUB accounts within 2 banking days

0.125% min 9.000 AMD max 72,000 AMD

0.125% min 9.000 AMD max 72,000 AMD

0.1 % min 3.600 AMD

0.1 % min 3.600 AMD

0.2 % min 9.000,

max 85.000 AMD

0.2 % min 9.000,

max 85.000 AMD

2.1.4 Transfers from GBP  accounts within 2 banking days

0.125% min 28.000 AMD max 72,000 AMD

0.125% min 28.000 AMD max 72,000 AMD

0.2 % min 18 000 AMD

0.2 % min 18 000 AMD

0.2 % min 18 000 AMD

0.2 % min 18 000 AMD

2.1.5 Transfers from CNY accounts within 2 banking days

0.125% min 9.000 AMD max 72,000 AMD

0.125% min 9.000 AMD max 72,000 AMD

0.125% min 9.000 AMD max 72,000 AMD

0.125% min 9.000 AMD max 72,000 AMD

0.3% min 48,000 AMD max 132,000 AMD

0.3% min 48,000 AMD max 132,000 AMD

2.1.6 Transfers from AED accounts within 2 banking days

0.125% min 10.000 AMD 

0.125% min 10.000 AMD

0.125% min 10.000 AMD

0.125% min 10.000 AMD

0.125% min 10.000 AMD

0.125% min 10.000 AMD

2.1.7 Transfers in other convertible currencies within 2 banking days

0.25% min 40,000 AMD max 75,000 AMD

0.25% min 40,000 AMD max 75,000 AMD

0.25% min 15,000 AMD

0.25% min 15,000 AMD

0.4 % min 40,000 AMD

0.4 % min 40,000 AMD

2.1.8 Transfers in other convertible currencies within 2 banking days AMD

0.2 % min 9.000,

max 85.000 AMD

0.2 % min 9.000,

max 85.000 AMD

3,600 AMD

3,600 AMD

0.2 % min 9,000,

max 85,000 AMD

0.2 % min 9,000,

max 85,000 AMD

2.1.9 Transfers from USD accounts within 1 banking day

0.2% min 30,000 AMD max 120,000 AMD

0.2% min 30,000 AMD max 120,000 AMD

2.1.10 Transfers from EUR, RUB accounts within 1 banking day

0.2% min 30,000 AMD max 120,000 AMD

0.2% min 30,000 AMD max 120,000 AMD

2.1.11 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 RUB accounts via GUARANTEED OUR option

current tariff for OUR transfer + 35,000 AMD

current tariff for OUR transfer + 35,000 AMD

current tariff for OUR transfer + 35,000 AMD

current tariff for OUR transfer + 35,000 AMD

current tariff for OUR transfer + 35,000 AMD

current tariff for OUR transfer + 35,000 AMD

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

6,000 AMD

6,000 AMD

6,000 AMD

6,000 AMD

6,000 AMD

6,000 AMD

2.3.1 SWIFT international transfer for payment and settlement organizations

-

-

-

0.2 % min 12 000 AMD

-

0.3 % min 18 000 AMD

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 AMD

0.2% min 200 max 5.000 AMD

0.2% min 200 max 5.000 AMD

0.2% min 200 max 5.000 AMD

RUB

36.000 AMD

36.000

6.000 AMD

6.000 AMD

6.000 AMD

6.000 AMD

Other currencies, up to 60 days

36.000 AMD AMD

36.000 AMD AMD

36.000 AMD

36.000 AMD

36.000 AMD

36.000 AMD

Other currencies, 60 days and more

36.000

36.000 AMD

60.000 AMD

60.000 AMD

60.000 AMD

60.000 AMD

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

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

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

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

• for transactions up to $100 (or equivalent in another currency) – AMD 1,000
• for transactions from $100.1 to $1,000 inclusive (or equivalent in another currency) – AMD 5,000
• for transactions over $1,000 (or equivalent in another currency) – AMD 10,000

2.7 International transfers on the recommendation of Resident Correspondent Banks

USD

0.125% min 18,000 AMD max 72,000 AMD

0.125% min 18,000 AMD max 72,000 AMD

4.000 AMD

4.000 AMD

4.000 AMD

4.000 AMD

EUR

0.125% min 9000 AMD max 72,000 AMD

0.125% min 9000 AMD max 72,000 AMD

4.500 AMD

4.500 AMD

4.500 AMD

4.500 AMD

RUB

0.125% min 9000 AMD max 72,000 AMD

0.125% min 9000 AMD max 72,000 AMD

2.500 AMD

2.500 AMD

2.500 AMD

2.500 AMD

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.