Online Banking
Converse Transfer

Converse Transfer

Converse Transfer fast remittance system enables customers to remit money WITHOUT OPENING AN ACCOUNT. Remittances cover the Republic of Armenia and CIS countries.


  • Currency


  • Remittance speed

    5-10 minutes

Terms and Commission fees
Maximum amount per transaction 20,000 USD
15,000 EUR
600,000 RUB
5,000,000 AMD
Remittances in AMD, USD, EUR and RUB
Remit in AMD, USD, EUR and RUB
Remittance speed 5-10 minutes
Commission fee to be charged 0.7%
Geographical coverage Republic of Armenia and CIS countries
Required documents

Transfer requirements

  • present your ID
  • specify the beneficiary country, city, first and last names

To receive the transferred amount, it is necessary

  • present your ID
  • specify the transfer code, consisting of 10 digits


Important to know
  • The Bank shall be obliged to provide a remittance confirmation with the remitted amount, currency and commission fee specified therein
  • The beneficiary shall receive all money and shall not pay any commission fee.
  • Correction of remittance-related mistakes as well as cancellation of the remittance shall be implemented within the possibility and time of remitter's and beneficiary's banks.
  • Amendments to remittance data as well as cancelation thereof shall be made based on the remitter’s request. The request fee shall make AMD 1000.
  • Remittances cannot be cancelled if the beneficiary has already received the remitted amount.
  • AraratBank shall not be held liable for the consequences resulted from the customer having transferred the remitter code to the third party.
  • For additional information, please refer to

Attantion. The Bank shall not bear any responsibility for the content, accuracy and validity of information on the linked websites, any advertisements placed thereon, and the possible consequences of using that information.


Please follow the Armenian version

Financial assistant
ABC finance

Page updated 25.12.2020 | 16:27

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