Tariff

TRANSFERS

SERVICE TYPE

COMMISSION FEE

1. AMD 2

0

1.1 AMD transfers/payments service without account opening 3

a/ up to AMD 100 000 

AMD 200

b/ AMD 100 001- AMD   500 000 

AMD 500

c/ AMD 500 001 – AMD 1 000 000 

AMD 1,000

d/  AMD 1 000 001-  AMD 3 000 000

AMD 1,500

e/ AMD 3 000 001- AMD 5 000 000

AMD 3,000

f/ AMD 5 000 001 and more

AMD 5,000

g/In ARMECONOMBANK OJSC's system

Free of charge

1.2 Interbank transfers / payments in foreign currency /

Free of charge

1.3 Interbank transfers /transfers through AEB with  a password 

0.6% min AMD 200

1.4 Cash payment of over AMD 1,000 on installment loans of "ARMECONOMBANK" OJSC

AMD 300

 

2. SWIFT transfers with foreign currency out of ARMECONOMBANK OJSC

a/ up to USD 20,000 or EUR 20,000

AMD 5000

b/ USD/ EUR 20,001 and more

AMD 10 000

c/ In case of transfer of amounts gained from the repayment of USD bonds issued by “Armenia Securities Exchange” OJSC and ARMECONOMBANK OJSC for the purpose of deposition.

Free of charge

 

3. Implemented transfers 4 term amendment, cancellation 1

Implemented transfers can’t be cancelled, if the amount beneficiary (recipient) refuses to return the amount transferred

a/ AMD

 AMD 2 000

b/ Terms amendment and/or cancellation of  foreign intra- bank transfers (in ARMECONOMBANK OJSC)

Free of charge

 

*Tariff includes VAT

1. a/ The transfers inside and outside of RA are made no later than the next banking day

b/In case of transfers in RA territory, term amendment and/or cancellation is carried out during  3-5 business days (except payments in state and local budget).The executed transfers can’t be cancelled if the amount beneficiary refuses to return the amount transferred.

2 ARMECONOMBANK OJSC will charge a monthly fee of AMD 100 (except for technical examination coupons, for the maintenance of social package and state support accounts, and   term deposit attraction orders) for each transfer made to the customer at the time of making transfers in AMD through non-cash money transfers in the RA territory.

3 Cash transfers in Armenian dram to the Soldiers' Insurance Fund’s account N 103008661003 and Stamp Duty Payment account N 900005001186 created under the law of the Republic of Armenia on the compensation of damage caused to life or health of the military personnel during defense of the Republic of Armenia are executed free of charge.

4. Transfers debited from ARMECONOMBANK OJSC correspondent accounts

If the transfer isn’t out of ARMECONOMBANK OJSC, then terms amendment/cancellation tariff isn’t charged.

 

The procedure, manner, general terms and conditions for the provision of banking services are defined by the “General Terms of Banking Services of ARMECONOMBANK OJSC”  approved by the Executive Board of the Bank, which can be found via the following link.  

YOU ARE ELIGIBLE TO COMMUNICATE WITH FINANCIAL INSTITUTION BY THE MEANS OF COMMUNICATION YOU PREFER – THROUGH POSTAL SERVICES OR ELECTRONICALLY. THE RECEIPT OF INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT. IT IS AVAILABLE ROUND-THE-CLOCK (24/7), FREE OF THE RISK OF LOSS OF PAPER INFORMATION AND ENSURES THE CONFIDENTIALITY.

 “Your Financial Informer” is an electronic system which searches and compares the services offered to individuals and facilitates the selection of the most effective option for you.

Updated: 07/05/2021 12:55