Online Banking
Unallocated gold accounts

Unallocated gold accounts

Willing to hedge your funds against currency risks and keep your funds in different currencies? ARARATBANK offers an alternative money saving option - Unallocated Bullion Accounts. 

Unallocated bullion account is opened and maintained with the aim to record and execute operations with unallocated gold. The only data required for opening the account are the karat and weight of gold. No other data is required. 

Unallocated Gold Accounts enable you not only to diversify your savings but also to benefit a number of advantages:

  • Possibility to earn on rise in gold value in the international markets
  • Reduction of impact of exchange rate fluctuations
  • Protection from falsifications inherent to trading in tangible gold depending on karat and authenticity of gold 
  • Time saving while executing gold trade
  • Lack of risk of loss and impairment
  • High liquidity level: you may sell the gold to the Bank at any time at the rate applicable within the Bank

Besides, you will be able to invest without any time and amount limitations.

  • Transfers within the Bank

    Free of charge

  • Minimum account balance


  • Maintenance of accounts

    AMD 1000

  • Opening accounts

    Free of charge

Terms and Conditions
Opening bullion accounts Free of charge
Maintenance of bullion accounts AMD 1000 per year
Transactions through bullion accounts

Bullion account replenishment

through purchase of unallocated gold from the Bank and crediting it to the bullion account
Through transfer of unallocated gold from Customer’s or another individual’s bullion account opened with the Bank or other bank
Debiting the bullion account

Through sale of unallocated gold available on the bullion account to the Bank
Through transfer of unallocated gold to Customer’s or another individual’s bullion account opened with the Bank or other banks
Interest accrual on the account balance 0%
Minimum account balance N/A
Transfers within the Bank Free of charge
Interbank transfers  AMD 25,000 (For each entry and exit)
Required documents

Please follow the Armenian version

Important to know
  • Bullion accounts shall be opened for individuals and corporate customers including private entrepreneurs.
  • Bullion accounts shall be opened only for 999.9 purity gold.
  • Unallocated gold shall be recorded in grams with accuracy to 0.01 gram.
  • Transactions with bullion accounts do not imply debiting or crediting of gold.
  • Trading in unallocated gold shall be based on your order containing the essential transaction details (price, timing and weight).
  • Transactions shall be based on gold trading rates per  gram as established by the Bank.
Financial assistant
ABC finance

Page updated 09.12.2020 | 11:53

In case of discrepancy between Armenian and English versions of the information, the priority is given to the Armenian version.