Online Banking
Card cover

Visa Classic

Visa Classic is accepted all over the world at any service point with Visa logotype - ATMs, real and internet shops, as well as shops rendering services through phones and post offices. 

  • Account statement

    Free of charge

  • Annual service fee

    AMD 3.000

  • Currency


Service fees
Card validity period 4 years


Annual service fee  AMD 3,000 
Annual service fee or foreign citizen AMD 25.000***
Linked card annual service fee for foreign citizen AMD 15.000***
Account statement AMD 500
Current month’s account statement AMD 500
Annual service fee of linked card AMD 2,000 
Issue of a new card, in case of loss, damage of the card and PIN code AMD 1,000 
Cash withdrawal from ATMs of ARARATBANK OJSC 0%
Cash withdrawal from points of ArCa system 0.80%
Cash withdrawal abroad, also from ATMs of VTB Bank located in Armenia
1.5% min AMD 1500

Cash withdrawal from ARARATBANK cash desk without card use

In AMD - 1%, USD - 2%,EUR - 2%, RUB - 1%, GBP - 0%

Cash withdrawal from ARARATBANK cash desk via POS terminal****


In AMD - 0%, USD - 2%, RUB – 0%, EUR - 2%, GBP - 0%

Non-cash  transactions free of charge
Annual interest accrued over the positive balance of card account AMD 0%
USD 0%
EUR 0%
RUB 0%
GBP 0%
Number of daily cash withdrawal transactions 30
Total maximum amount of cash withdrawal transactions permissible within one day AMD 1.500.000
USD 3.000
EUR 3.000
RUB 135.000
GBP 2.500
UAE dirham 14․000
Total maximum amount of one transaction AMD 1.500.000
USD 3.000
EUR 3.000
RUB 90.000
GBP 2.500
UAE dirham 14․000
Total maximum amount of transactions permissible within one day AMD 3.000.000
USD 9.000
EUR 6.000
RUB 270.000
GBP 4.500
UAE dirham 14․000
Commission fee charged for card-to-card remittances 0.3%
Card blocking and placement in Card Recovery Bulletin system (Card will be blocked on the forthcoming Saturday, blocking is valid during 2 weeks)  AMD 15.000 
Card unblocking  AMD 500 
Cash-in ATMs of ArCa system AMD 0.80%
Cash crediting to the card account 0%
SMS messages on executed transactions, on card expiry, on annual service fee, on loan or overdraft expiry date upon customer request AMD 15 
SMS message for the purpose of executing internet transactions with 3D Secure system
Free of charge

* including VAT

**Maximum daily limit of free cash deposit made in Russian rubles to card account is RUB 30,000. RUB-denominated deposit fee set by the Dealing Center is applied to card account deposits exceeding RUB 30,000 within a given day.

*** Card servicing fee is charged for each year.
**** Cash withdrawal fee (regardless of currency) from the Bank’s cash desk via POS terminal by means of payment cards issued by other banks - 3%.

***** Please be informed that in ARARATBANK customer service points (including the online platform), in addition to fees charged for transfers, Acquiring Bank commission is also applied, which is charged at the time of transaction and is summed up with transaction amount.

Upon receipt of the card the customer shall:

  • sign on the reverse of the card
  • sign both the Agreement and notification
  • sign in the field designated for PIN code

Dates for crediting funds to card accounts:

  • Funds credited to accounts between 17:30 of the previous business day and 9:30 of the following business day shall be activated by 10:30 of the given business day․
  • Funds credited to accounts between 09:30 and 13:30 of the given business day shall be activated by 14:00 of the given business day.
  • Funds credited to accounts between 13:30 and 17:30 of the given business day shall be activated on the same business day within an hour․
Required documents
  • Passport
  • Social security card

Your financial directory” is an electronic system which facilitates the search, comparison and selection of the most appropriate for you option among the services offered to individuals.

You have the right to communicate with the financial institution by any convenient means - by post or by 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 13.05.2024 | 21:18

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