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SWIFT transfers
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SWIFT transfers

ARARATBANK executes transfers both in local and foreign currency. Individuals as well as legal entities can make use of the service.

 

Tariffs
Transfers in USD
The bank will incur expenses of the correspondent bank. If there are intermediary bank-related expenses, such expenses shall be charged from the transferred amount (OUR option)
a/ If the paper form of the payment order is provided 0.15% AMD 15,000 min., AMD 55,000 max.
b/ If the payment order is provided via remote control systems 0.1% AMD 15,000 min., AMD 50,000 max.
In case of submission of the OUR payment order to Georgia via paper, ARARATMOBILE/Bank-Customer/Internet-Banking systems 0.15% AMD 10,000 min., AMD 55,000 max.
Expenses of correspondent and all intermediary banks shall be charged from the transferred amount (SHA/BEN option) 0.1% AMD 5,500 min., AMD 15,000 max.
Submission of payment order in a hard copy to Turkey through AraratMobile/Bank-Customer/Internet banking systems, irrespective of transfer costs

0.15%, AMD 15,000 min., AMD 50,000 max.

Submission of payment order in a hard copy to Russia and Belarus through AraratMobile/Bank-Customer/Internet banking systems, irrespective of transfer costs

0.15%, AMD 50,000 min., AMD 100,000 max.

Money transfers in EURO*
ARARATBANK will incur expenses of the correspondent bank. If there are intermediary bank-related expenses, such expenses shall be charged from the transferred amount (OUR option)
Submission of payment order in a hard copy
up to EUR 12,500 AMD 10,000
EUR 12,500.01 and over 0.15%, AMD 13,000 min., AMD 65,000 max.
Submission of payment order through AraratMobile/Bank-Customer/Internet Banking systems
up to EUR 12,500 AMD 10,000
EUR 12,500.01 and over 0.1%, AMD 12,000 min., AMD 60,000 max.
Correspondent and all intermediary bank expenses shall be charged from the transferred amount (SHA/BEN option) 0.1%, AMD 8,000 min., AMD 20,000 max.
Submission of payment order in a hard copy to Turkey through AraratMobile/Bank-Customer/Internet banking systems, irrespective of transfer costs 0.2%,
AMD 15,000 min., AMD 60,000 max.
Submission of payment order in a hard copy to Russia and Belarus through AraratMobile/Bank-Customer/Internet banking systems, irrespective of transfer costs 0.15%, AMD 50,000 min., AMD 100,000 max.
Transfers in RUB and Georgian Lari
Transfers in RUB shall be made with OUR option 0.1%, AMD 5,000 min., AMD 100,000 max.
Transfers in Georgian Lari shall be made with OUR option AMD 10,000
Transfers in currencies quoted in the Bank
ARARATBANK will incur expenses of the correspondent bank. Where there are intermediary bank-related expenses, such expenses shall be charged from the transferred amount (OUR option)

0.15%, AMD 15,000 min., AMD 55,000 max.

Correspondent and all intermediary bank expenses shall be charged from the transferred amount (SHA/BEN option) 0.15%, AMD 5,000 min., AMD 15,000 max.
Transfers in other currencies shall be made in EUR with OUR option and shall be transferred to the beneficiary’s account in the currency requested by customer 0.2%, AMD 20,000 min., AMD 55,000 max.
Refund of unexplained amounts in foreign currency received from correspondent banks, adjustment of validity conditions
USD, EUR, RUB and any other currency 5%, AMD 10,000 max.
Clarification given to correspondent banks regarding transfers made outside the RA territory or inquiries on transfers, change of details and cancelation of transfers based on customer written request
in USD AMD 30,000
in EUR AMD 35,000
in RUB AMD 5,000
in other currency AMD 25,000
Inquiries on transfers, change of details and cancelation of transfers made in any currency on the RA territory based on customer written request AMD 500
Inquiries on intrabank transfers in any currency, change of details and cancelation of such transfers based on customer written request AMD 200
Provision of copies of SWIFT message (upon customer request, for each document) AMD 1,000 **
Provision of information on SWIFT transfer GPI status (upon customer request, for each document) AMD 1,000 on each transfer **

 **VAT included

Note:

  • Transfers in the RA territory shall be made within one banking day.
  • Where the transferred funds have been already paid out, the Bank shall not be held liable for the return of funds.
  • When sending the required documents outside the Republic of Armenia, postage costs shall be additionally charged to the account holder.
  • The Bank's expenses related to the return of transferred funds shall be incurred by the Customer where the return of funds has resulted from provision of inaccurate details by the Customer.
Bank details for payments from abroad
Attention

“Your financial directory” is an electronic system which facilitates the search, comparison and selection of the best options in the services offered.

You shall have the right to communicate with the financial institution by any convenient way - by post or e-mail. Receiving information electronically is the most convenient option. It is available 24/7, free from the risks of loss of paper information and ensures privacy.

The bank may request additional documents or other information based on the "Know your customer" principle, as well as ask additional questions during oral communication, for the purpose of due diligence of the customer defined by the RA Law "On Combating Money Laundering and Terrorist Financing". 

In accordance with the agreement signed with the USA based on the Compliance Act (FATCA), the financial organization may collect additional information to determine whether you are a US taxpayer.

Page updated 31.10.2024 | 20:51

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