Loan payoff with another bank via App

YEREVAN, August 3, /ARKA/. A “Loan payoff with another bank” service is already available in AraratMobile application. AraratMobile users are free to pay off their loans with other banks.

The service enables borrowers to repay any loan with any bank. The user simply needs to enter the “Pay” section of the AraratMobile application and select the “Loan payoff with another bank” service. Once all mandatory fields are filled out, a user repays a corresponding loan,” the statement reads.

The bank reminds that customers can transfer money through “Flight as a guest”, regardless of which bank they belong to.

Once all the fields are filled out, the system generates a link, which a client copies and sends to a remittee via WhatsApp, Viber, Messenger, Telegram, LinkedIn, Instagram, SMS, Mail and other messengers.

The remittee clicks on the link and fills out the number embossed on the card in the corresponding field. In this way, the remitter and remittee do not exchange any bank details, which ensures 100% security for both parties. -0-

spot_img

POPULAR

25 years ago, three friends founded company PROFAL

25 years ago, three friends decided to establish the company PROFAL, which today stands as a leader in the production of aluminum doors, windows, and glass structures.

Net profit of Armenian credit institutions fell by 26.62% over the first 9 months, to 30.27 billion drams

The aggregate net profit of credit organizations in Armenia for the period from January to September 2026 totaled 30.27 billion drams, down 26.62% from the 41.26 billion drams recorded during the same period in 2025.

Freedom Broker Armenia Director Expects Pause in Central Bank Rate Hike, but Points to Conditions for Further Increases (EXCLUSIVE)

The Central Bank of Armenia's further decisions on the refinancing rate will depend on inflation dynamics and its structure, according to Freedom Broker Armenia Director Hovak Hovakimyan.

Ranking of Armenian Credit Organizations by Credit and Leasing Portfolio as of September 30, 2026

The ARKA agency has published a ranking of Armenia’s largest credit organizations based on the volume of their credit investments and leasing operations as of September 30, 2026.

4.3% Inflation Recorded in Armenia in October  

Twelve-month inflation in Armenia's consumer market in October of this year was 4.3%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img