Bank VTB (Armenia) expands its Unistream transfers

YEREVAN, October 21. /ARKA/. Bank VTB (Armenia) expands its list of destination countries for money transfers through Unistream, the bank’s press office reported.

Now Bank TVB (Armenia) is carrying ou-t transfers through Unistream also to Albania, Bulgaria, Vietnam, Lithuania, Mongolia, Czech Republic, Great Britain and Israel, with no address required.

Remittees can get their money in any town or village in the mentioned countries in Russian rubles, American dollars or Euros. While sending the money remitter mentions the remittee’s data, the amount and currency of the transfer and the destination country, whereas the remittee selects where exactly to take the cash in his region.

Money transfers can be effected also from the mentioned countries to Armenia and VTB Transfer service can be used to get the money transferred without leaving home or office, just calling 87-87. The commission for the service is from 1% to 2.5% of the amount depending on direction.

The aim is to provide a chance of reliable and fast transfer to any direction to the clients, general director and chairman of the board of Bank VTB (Armenia) Yury Gusev said.

The bank carries out private money transfers also through some other systems – Intel Express, Averse, Bistraya Pochta, Interexpress, Anelik, RIA Money Transfer, Moneygram, which contributes to the bank’s competitiveness in the market.

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

IDBank, Visa, and Wizz Air Launch New Travel Privileges in Armenia

IDBank is the first in the CIS and Southeastern Europe to introduce the new Visa Wizz Air Platinum co-branded travel card.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.9 points on September 15, 2026, compared to September 14, to 364.18 drams.

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Demand and potential economic problems: head of the Central Bank of Armenia named the reason for the rate hike and the conditions for its...

The decision of the Board of the Central Bank of Armenia to raise the refinancing rate was primarily due to excessive demand factors, Central Bank Governor Martin Galstyan stated in response to a question from ARKA news agency.

Central Bank rate hike will not have a significant impact on market sentiment and investment activity in Armenia – Freedom Broker Armenia CEO

Freedom Broker Armenia Director Hovak Hovakimyan does not expect the Central Bank rate hike to have a significant impact on market sentiment and investment activity in the local market.

LATEST NEWS

spot_imgspot_imgspot_img