Fri, 30 January
-3.9 C
Yerevan
USD: 379.10 RUB: 5.00 EUR: 452.72 GEL: 140.90 GBP: 522.48

Card-to-card money transfers becoming popular in Armenia

YEREVAN, July 13. /ARKA/. Card-to-card money transfers are becoming increasingly popular with the clients of VTB Bank (Armenia). The Russian-owned bank said in a press release that the service was launched one year ago and is now available at its 157 ATMs across the country.

Holders of VTB Bank (Armenia) Visa cards may use their cards to make card-to-card money transfers not only to Visa cards issued by Armenian, but also foreign banks The service is available in 4 currencies: Armenian drams, US dollars, Russian rubles and euros.

Card-to-card money transfers can also be made via the bank’s new Cash-in ATMs, which enable the bank’s Visa cardholders to instantly and free of charge replenish their card accounts with up to 90 banknotes with different face values. The process is as comfortable as possible taking few seconds, according to the press release.

The commission for the service ranges from 0.9% to 2% of the amount, which is automatically written off at the time of the transaction.

VTB Bank Armenia (Armenian Savings Bank before June 2006) joined VTB Group in April 2004. VTB, the second largest Russian bank, holds 100% of its shares. VTB Bank (Armenia) runs 67 branches across Armenia. -0—

spot_img

POPULAR

World Bank names factors behind average annual inflation in Armenia in 2025

In December 2025, Armenia's inflation increased to 3.3 percent (yoy) from 3.1 percent (yoy) in November, according to World Bank's Armenia Monthly Economic Update – January 2026.

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

WB: In November 2025, net non-commercial money transfers to armenia grew by 28.8 percent yoy

In November 2025, net non-commercial money transfers grew by 28.8 percent (yoy), , according to World Bank's 'Armenia Monthly Economic Update – January 2026.'

Suspension of acceptance of payments for Viva Armenia CJSC services through EasyPay platforms

EasyPay LLC informs that, as a result of Viva Armenia CJSC unilaterally terminating the cooperation, starting from February 1, 2026, payments for Viva Armenia CJSC services will no longer be accepted through EasyPay payment instruments.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img