Sun, 27 July
28.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

ACBA-CREDIT AGRICOLE BANK joins RIA Money Transfers international remittances system

YEREVAN, January 9. /ARKA/. Armenian ACBA-CREDIT AGRICOLE BANK said it has joined RIA Money Transfers international remittances system. According to a press release of the bank, customers can send and receive money in USD or euros through this system in 136 countries around the world. The maximum transfer amount is USD 5000 or euros. The remittance can be received within 5-10 minutes.

The amount of commission depends on the recipient countries, particularly in Georgia, Ukraine and Moldova it is 3%, in other countries it is 4%. The recipient does not pay commission. Changes to transfer data and cancellation of the transfer are free of charge. But the money transfer is not cancelled if the amount was given to the recipient, and he refuses to return it.

RIA Money Transfers is an international money transfer system for non-commercial purposes between individuals without opening an account. This system is most common in the U.S., Canada and European countries. ACBA-Credit Agricole Bank is a member of international money transfer systems Contact, Migom, Zolotaya Korona, Bystraya Pochta, Money Gram, Avers, Anelik, ACBA Transfer and Blizko.

ACBA-Credit Agricole Bank is owned by French Credit Agricole SA (15.56%), SACAM International (12.44%) as well as by farmers unions in all 10 regions of Armenia. -0-

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia and EIB sign financial agreement for Resilient Syunik Program worth €50 million

A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.

LATEST NEWS

spot_imgspot_imgspot_img