VTB Bank (Armenia) revises prices for international money transfers via S.W.I.F.T.

YEREVAN, March 29. /ARKA/. VTB Bank (Armenia) said today it has revised the rates for international money transfers made by individuals via the S.W.I.F.T., saying also that customers may send money to Russia, the USA, Germany, England, Georgia, China and any other part of the world in USD, EUR and RUR currencies at reduced rates, which start from 5,000 drams.

The bank said also the prices for money transfers made to branches of VTB are unprecedented starting from 2,000 drams.

It said Russian VTB has a wide network of branches throughout the country and in all major cities (Moscow, St. Petersburg, Sochi, etc.). One of the advantages of such money transfers is also the speed of receipt – the money transfer is credited to the recipient’s account within the same day of sending without any deductions from the amount.

To make a money transfer the customer needs to have or open a bank account at VTB Bank (Armenia), submit an identity document and indicate the account number and full name of the recipient.

The bank also offers money transfers in USD currency under the GOUR option (the transfer amount is fully credited to the beneficiary’s account without any deductions) at a rate starting from 17,500 drams.

Due to its reliability and convenience, the international money transfer system S.W.I.F.T is the most popular system in the world. Using it, one can send money from Armenia abroad or vice versa, as well as make payments for goods and services.

Detailed information on SWIFT money transfers can be obtained from the branches of VTB Bank (Armenia), on its official website www.vtb.am and by calling 87-87.

VTB Bank (Armenia) CJSC became a participant of the international financial group VTB in 2004. Currently, VTB Bank, the second largest in Russia, owns 100% of VTB Bank (Armenia). -0-

spot_img

POPULAR

Continuous liquidity and fair pricing must be ensured in the Armenian foreign exchange market — Central Bank

One of the main tasks of the Central Bank of Armenia is to ensure continuous liquidity and fair pricing in the foreign exchange market, stated Martin Galstyan, head of the regulator.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

LATEST NEWS

spot_imgspot_imgspot_img