Bank VTB (Armenia)

A question from Armbanks website visitor:
Hi. I have a question. I am planning to travel to Armenia, and I have a Sberbank international card. Can I use it in Armenia, and if yes, what the commission fee will be?
The question is answered by the staff of Bank VTB (Armenia) retail business development department:
Dear client, if you have an international card, you can use it worldwide, i.e. in Armenia as well.
You can use it for cashing money, as well as for making non-cash transactions in Bank VTB (Armenia) sales and service points.
Bank VTB (Armenia) charges no commission fee for cashing money from its ATMs. But commission may be charged by the bank that issued your card. Hence, we recommend you clarify this with Sberbank.
Maximum limit of cash that can be withdrawn at a time from Bank VTB (Armenia) ATMs is 200,000 drams (23, 724 rubles, 1ruble= 8.43 drams according to Central Bank on December 9, 2014).
Apart from this, Bank VTB (Armenia) charges a fee of 2% of the transaction amount at POS terminals for cash withdrawal. No maximum transaction limit is set in this case.
Bank VTB (Armenia) charges no commission for non-cash transactions in sales and service points either. No one-time maximum limit is set for these transactions either.
spot_img

POPULAR

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

Armenian Genocide Museum-Institute Refurbished

With the support of the Stepan Gishyan Charitable Foundation, the Armenian Genocide Museum-Institute has received 120 radio guides and 45 new audio guides.

Euro and ruble exchange rates against the Armenian dram fell, while the dollar rose: Central Bank

Euro and ruble exchange rates against the Armenian dram fell, while the dollar rose: Central Bank

Cube Invest announces the placement of AMD bonds worth 5 billion drams

By Decision No. 1/288 A of the Chairman of the Central Bank of the Republic of Armenia dated July 1, 2026, the program prospectus for Cube Invest CJSC's registered coupon bonds was registered.

Net inflow of remittances to Armenia from abroad increased by approximately 2.2 times in 7 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.56 billion in January-July 2026, compared to $716.6 million in January-July 2025, according to a report from the Central Bank of the Republic.

LATEST NEWS

spot_imgspot_imgspot_img