Mon, 18 August
31.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img