Tue, 8 July
29.1 C
Yerevan
USD: 384.19 RUB: 4.90 EUR: 450.58 GEL: 141.45 GBP: 521.65

VTB (Armenia) launched a new service for transfers to “Mir” cards of all Russian banks

YEREVAN, June 17. /ARKA/. Retail clients of VTB (Armenia) can transfer funds from their “Mir” cards to cards of Russian users using a new service – through the bank’s website. Funds are credited to the recipient’s card instantly and without commission.

To send money to Russia, go to the “Transfers” section on the bank’s website and select “By card number”. Then go to the “To cards of Russian banks” tab and click on the “Transfer” button and go to the online transfer page. In the forms that open, fill in the details of the sender and recipient (any Mir card of a Russian bank will do).

Transfers are made in Russian rubles, without commission. The minimum amount of one transfer is 100 rubles, the maximum is 80 thousand rubles. You can transfer no more than 80 thousand rubles per day from one card, and the maximum number of transfers from one card is 3 transactions per day.

“We strive to make cross-border transfer services as accessible and convenient as possible for our clients. The volume of transfers to Russia in a quarter increased by 39% compared to the same period last year, which confirms the demand for the service. We have specifically simplified the process: now you can send money from card to card instantly, even without an application. This is part of our strategy to create convenient digital solutions for clients,” commented Taras Kladchenko, Deputy General Director and Chairman of the Directorate of VTB (Armenia).

If the client does not have a Mir card, he can order it for free directly on the page. The card is multicurrency, which allows you to make transfers from both the dram balance and ruble accounts.

The activities of VTB Bank (Armenia) CJSC are regulated by the Central Bank of the Republic of Armenia.

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Net inflow of remittances to Armenia from abroad increased by 13.9% over 5 months

The net inflow of private remittances in Armenia from abroad sent through the  banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img