“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

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

A unique greenhouse complex opened in Armenia

A unique greenhouse complex for tomato cultivation, equipped with artificial intelligence, robotics, and the latest technologies, has officially opened in the village of Nor Yedesia in the Aragatsotn region, according to the press service of Acba Bank.

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

LATEST NEWS

spot_imgspot_imgspot_img