Wed, 14 January
1.1 C
Yerevan
USD: 380.33 RUB: 4.84 EUR: 443.24 GEL: 141.16 GBP: 511.62

“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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

LATEST NEWS

spot_imgspot_imgspot_img