Armenian Ardshininvestbank joins new money transfer Avers system

YEREVAN, January 16. /ARKA/. Ardshininvestbank started servicing a news system of international money transfers – AVERS, the bank’s press service told ARKA Agency.

The system gives an opportunity to sent money to CIS countries in US dollars, euros and Russian rubles, according to the report. The commission fee for the transfer is 1.3% of the amount to be transferred and is paid by sender alone. The amount can be received immediately after the transfer is made.

Ardshinivestbank started using the new AVERS money transfer system to provide its clients an opportunity of quick and affordable transfers, under best terms, head of retail business of Ardshininvestbank Karapet Gevorgyan said, according to the report.

AVERS, like the other 6 wire transfer systems used by the bank (MoneyGram, Coinstar, IntelExpress, Unistream, Ria, Bistraya Pochta) is accessible in all the branches of Ardshinivestbank, says the report.

Ardshininvestbank closed joint stock company receive a banking license on February 32, 2003. The bank has 49 branches in Armenia, 6 branches in Nagorno-Karabakh Republic and a rep office in Paris. ($1=405.52drams).–0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 19–25)

The financial agenda in Armenia over the past week focused on the performance of the banking sector for the first nine months of 2026, the development of the bond market, and enhancements to financial regulation.

The “Climate Change and Women” Award Ceremony Took Place at COP17: Idram and IDBank

From climate change mitigation to environmental education and innovative solutions, the "Climate Change and Women" award ceremony united leading women in the field, highlighting their initiatives and contributions to biodiversity conservation.

Acba Bank at COP17: Solutions for Sustainable Agriculture

At COP17, Acba Bank participated in a panel discussion organized by the European Bank for Reconstruction and Development (EBRD) dedicated to the future of sustainable agriculture, long-term investments, and the need for environmentally responsible financing solutions.

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

Armenian Ministry of Finance developing a comprehensive framework for issuing thematic bonds

The Armenian Ministry of Finance is developing a comprehensive framework for issuing thematic bonds in domestic and international capital markets.

LATEST NEWS

spot_imgspot_imgspot_img