All news related to Money transfers

Money transfers to Armenia grow by 23.2% to $1.340 billion

05.11.2021 18:52

Money transfers to Armenia grow by 23.2% to $1.340 billion

YEREVAN, November 5. /ARKA/. Private money transfers sent to Armenia in the first nine months of 2021 through banks increased by about $252 million year-on-year or 23.2% to $1.340 billion, according to the Union of Banks of Armenia (UBA).

The bulk of money transfers - $549 million- came from Russia; $124 million worth remittances were sent from the USA, $45 million came from Germany, $39 million from France and $36 million from Kazakhstan.

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Acba bank is first in Armenia to launch international card-to-card money transfers through phone number

13.10.2021 23:50

Acba bank is first in Armenia to launch international card-to-card money transfers through phone number

Acba bank is the first bank in Armenia to launch a new service of international card-to-card money transfers through a telephone number, the press service of the bank reported

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VTB Bank (Armenia) customers can now make instant money transfers

23.08.2021 15:30

VTB Bank (Armenia) customers can now make instant money transfers

VTB Bank (Armenia) customers can now make money transfers to Visa, MasterCard, MIR, Union Pay cards issued by foreign banks, as well as to bank accounts in the EU member countries. The money is credited to the account instantly; the commission is up to 1.5% of the transfer amount, the press service of the bank reported

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Money transfers to Armenia in first five months of 2021 grow by 37% to $748 million

05.08.2021 17:33

Money transfers to Armenia in first five months of 2021 grow by 37% to $748 million

Money transfers, remitted to Armenia from abroad in the first five months of 2021 through the banks increased by about $202 million or 37% from the same time span in 2020 amounting to $748 million, according to the Union of Banks of Armenia

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Money transfers to Armenia in Q1 grew to $406 million

19.05.2021 21:37

Money transfers to Armenia in Q1 grew to $406 million

Individual money transfers to Armenia in the first quarter of 2021 grew by 14.7% or $52 million to $406 million, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Wednesday

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Private money transfers to Armenia surge by 145% in March 2021

05.05.2021 12:51

Private money transfers to Armenia surge by 145% in March 2021

Private non-commercial money transfers to Armenia in the first quarter of 2021 surged by about 47% as opposed to the same time span of 2020, according to Armen Nurbekyan, head of a central bank department of macroeconomy

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Acba bank cardholders can receive money transfers from Russia through their phone numbers

27.04.2021 21:12

Acba bank cardholders can receive money transfers from Russia through their phone numbers

As a result of cooperation between Acba bank and Russian Sberbank, it is now possible to receive money transfers from Russia in a matter of seconds in 24/7 mode without providing banking data. A phone number is sufficient, the press service of Acba bank reported

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VTB Bank (Armenia) launches new service for payment of money transfers effected in foreign currency in armenian drams

28.01.2021 17:53

VTB Bank (Armenia) launches new service for payment of money transfers effected in foreign currency in armenian drams

VTB Bank (Armenia), one of the leading banks in the country in terms of the amount of effected money transfers, provides its clients with a string of opportunities to make international money transfers, the press service of the bank said in a press release

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Unibank extends special offer for free international money transfers via SWIFT until March 31

14.01.2021 13:50

Unibank extends special offer for free international money transfers via SWIFT until March 31

The Unibank has extended its special offer enabling clients to make international money transfers via the SWIFT system free of charge or at a reduced rate until March 31, 2021

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Private money transfers to Armenia from Russia in 7 months drop by 28.2% and grow by 22.1% from USA

09.09.2020 20:12

Private money transfers to Armenia from Russia in 7 months drop by 28.2% and grow by 22.1% from USA

Private money transfers sent to Armenia through banks in the first seven months of 2020 dropped by 15.3% year-on-year to about $893.3 million, the Center for Economic Development Initiatives said in a report posted on its website

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