Sat, 29 November
6.1 C
Yerevan
USD: 381.43 RUB: 4.86 EUR: 440.89 GEL: 141.17 GBP: 503.72

“Anelik” money transfer fees are reduced

YEREVAN, July 1./ARKA/. Money transfers via “Anelik” system will be processed at very affordable fees now, Anelik Bank reported Monday.

From July 1, SUPER money transfers starting from $3,000, 1,000 euros  and 90, 000 rubles will be processed at 0.7-0.9-percent fees, based upon the amount.

The fee for transferring up to 90,000 rubles to the CIS, Latvia, Estonia, Lithuania and Georgia will be 1.3%; up to $3,000 and 1,000 euros -1.8%.

The fees for transferring money far abroad will be 3%.

Anelik Bank was established on July 9, 1990 and registered on October 1, 1991.In October 1996, the bank got its license from the Central Bank of Armenia.Lebanese CreditBank holds 89.95% of Anelik Bank’s shares, and the remaining 10.05% belong to Samvel Chzmachyan, the chairman of the bank’s board.

In 1997, the bank opened its own Anelik system. People in over 90 countries can use it to transfer and receive money. —0-

spot_img

POPULAR

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

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

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img