Bank VTB (Armenia) expands opportunities for transfer from a card to another

YEREVAN, October 17. /ARKA/. Bank VTB (Armenia) expands opportunities for transfer from a card to another, the bank’s press office told ARKA.

The service of transfer from a card to another was launched by the bank in 2012. First, the service enabled clients transferring money from one card of the bank to another, then from Visa cards of the bank to Visa cards of other local banks.

The new terms allow clients making transfers not only to Visa cards of local banks, but also to all other Visa cards issued by banks in the CIS and Georgia, through Visa Money Transfer system at some 117 ATMs anytime.

Transfers to Visa cards issued by Bank VTB (Armenia) and CIS and Georgian banks can be made in four currencies: drams, rubles, dollars and euros and to Visa cards issued by other local banks in drams only.

For making a transfer clients should select “Transfers to CIS and banks of RA” or “Transfers to VTB cards” in ATM’s menu, dial the card code for the receiver, select currency, input the amount and confirm the transaction.

Receiver can get the amount within a banking day, depending on the bank, according to the report.
This service saves time for clients and does not require availability of cash.

The bank aims at creating a universal and highly effective system of money transfers to fully meet needs of its clients, director and head of board of Bank VTB (Armenia) Yury Gusev said.

Bank VTB (Armenia) is the leading Armenian bank in terms of number of international cards issued. The bank has its own processing center.

Bank VTB (Armenia) closed joint stock company became a member of VTB financial group in April 2004. The second biggest Russian bank, Bank VTB ojsc is now the full owner of Bank VTB (Armenia). The bank is among leaders of Armenian banking system in a number of basic indicators. It currently has the biggest network in Armenia – 67 branch offices across the country. –0—

spot_img

POPULAR

Unibank Awarded Client Protection Certification by MFR

Unibank has been awarded the Client Protection Certification by MFR, a global rating agency, providing assessments, data and technical expertise for the sustainable finance industry.

Aсba Bank and American platform Interactive Brokers sign agreement

Aсba Bank and Interactive Brokers, a reputable global online brokerage platform, signed an agreement making Interactive Brokers' services available in Armenia through Aсba Bank, the bank's press service reported.

Central Bank of Armenia views stablecoins as a strategic priority

The Central Bank of Armenia considers it important to address the challenges faced by real people and businesses, and it is through this lens that it views stablecoins as a strategic priority, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Euro and dollar depreciated against the Armenian dram, while the ruble rose slightly: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 9, 2026, fell by 0.26 points compared to April 8, to 376.06 drams.

Armenia’s risk premium is at a historic low, says Central Bank Deputy Chairman

Armenia's risk premium is at a historic low, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img