Instant card-to-card money transfers already available to VTB Bank (Armenia) clients

YEREVAN, December 19. /ARKA/. VTB Group has made instant money transfers from any Russian bank available to VTB Bank (Armenia) clients, the bank’s press office reported on Tuesday.

Holders of any cards issued by Russian banks can send money to VTB Bank (Armenia) cards and recipients will immediately have this money on their cards.

Cards of both senders and recipients need to be issued on the base of Visa or MasterCard payments systems.

The minimum amount transferred over one day is 100 Russian rubles and maximum is 100,000 rubles.
Commission equal to one percent is taken from senders – minimum 75 rubles for Mastercard and 150 rubles for Visa cards, while recipients pay nothing.

To operate a money transfer it is necessary to enter the link on the homepage on the website of VTB Bank (Armenia), indicate the amount and data of sender and recipient.

Transfers are operated in Russian rubles, and the money is sent to ruble accounts. All the cards of VTB Bank (Armenia) have four accounts – AMD, USD, EUR and RUR.

The bank says in its press release that, taking into account peculiarities of Armenian market and large Armenian communities worldwide, especially in Russia, the bank finds it important to make money transfer services convenient for retaining its competitive positions.

The uniqueness of the new offer is that there is no need in visiting the bank branches for sending or receiving money, that the transferred money immediately appears on recipients’ cards and that the service is available round the clock.

More detailed information is available at www.vtb.am. One may also call 87-87.

VTB Bank Armenia (Armenian Savings Bank before June 2006) joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia).

VTB Bank (Armenia) has 67 branches all over Armenia’s territory – the largest branch network in the country. VTB Bank (Armenia) is reckoned among leaders for general indicators. –0—

spot_img

POPULAR

In January, commercial bank deposits in Armenia decreased by 0.3%, while lending expanded by 1.1% – WB

In January 2026, commercial bank deposits in Armenia decreased by 0.3% (MoM), while loans grew by 1.1% (MoM), according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Central Bank of Armenia may switch to hawkish rhetoric and raise rate – Freedom Broker Armenia (EXCLUSIVE)

The likelihood of the Central Bank of Armenia switching to tougher monetary rhetoric and potentially raising the rate in the short term may increase, Rafael Mkrtchyan, Head of Corporate Finance at Freedom Broker Armenia, told ARKA news agency.

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

Central Bank of Armenia and banks are ready to tighten mechanisms to combat telephone fraud – Galstyan

The Central Bank of Armenia, together with banks, is ready to introduce stricter mechanisms to prevent telephone fraud, stated regulator head Martin Galstyan, responding to a question from the ARKA news agency.

Armenia’s risk premium increased amid events in the Middle East – Galstyan

The risk premium in Armenia has increased slightly due to events in the Middle East, although not as much as in other countries in the region and beyond, stated Martin Galstyan, head of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img