Sofia Machkalyan

A visitor to armbanks.am website would like to know whether a citizen ofRussiacan use VISA or MasterCard  international plastic cards ofRussia’s Sberbank to withdraw cash from the ATMs of Armenian banks and what is the size of commission for the transaction?

We asked Sofia Machkalyan, head of retail business development department of VTB Bank (Armenia), to answer this question. Here is what she said. 

“A citizen ofRussiacan use his /her VISA or MasterCard international plastic cards issued byRussia’s Sberbank to withdraw cash from the ATMs of Armenian banks. The commission size is determined by the card issuing bank. Armenian banks will not charge additional commission for the  transaction.”

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