Payment and settlement services

• Financial intermediaries

Opening an account in ARMSWISSBANK gives an opportunity to find solutions to payment, investment and financing requirments.

The following account types are operating in the bank for the financial intermediaries.

Bank Accounts:

Current accounts in AMD, USD, EUR, GBP, RUB, GBP, CHF give you access to the wide choice of traditional banking services and investment solutions offered by the Bank. Bank accounts will allow you to make additions, withdrawals, transfers in RA and abroad. For additions and withdrawals in currencies other than the account currency the current exchange rates are applied to convert.

Tariffs for Banks 

Tariffs for non-bank financial intermediaries

Procedure on operning and service of customer accounts (in Armenian)

Depo Accounts

The Bank orgnizes the registration, accounting and maintanance of the  shares owned by the customers the rights of the customers thereon via special depo accounts opend in the bank for securities record-keeping.

Terms

The Bank provides services according to the Main conditions on providing bank account and other services (in Armenian) where information is provided on the negative consequances resulting from the  unduly performance of the customers' obligations.

The following documents and forms must be filled in and provided by resident banks and other financial companies in order to open an account with ARMSWISSBANK.

• Application
• Copy of License
• Copy of Charter
• Copy of State Register Certificate
• Tax code
• Passport and social card of executives
• Resolution by the competent management body of a bank or other financial organization or an excerpt from the protocol certifying the appointment of the chief executive officer to that position, or other document certifying that fact.
• Card of specimen signatures and stamp (with tax bodies resolution for residents and notary’s certificate for non-residents)
• Information about shareholders

The following documents and forms must be filled in and provided by non-resident banks and other financial companies in order to open an account with ARMSWISSBANK:

• Application
• Copy of Charter
• Copy of State Register Certificate (license, if applicable)
• Resolution by the competent management body of a bank or other financial organization or an excerpt from the protocol certifying the appointment of the chief executive officer to that position, or other document certifying that fact.
• Card of stamp and specimen signature of the Bank’s or financial company’s executive manager, chief accountant and, if applicable, of the person authorized to conclude financial deals with the Bank
• Other documents

The account holder's rights on the disposal of the account and the money on the account can be restricted by court decision based on the applications presented by the authorities imposing the obligatory fulfillment of legal acts made by court decisions or tax authorities. After imposing a restriction the account holder is notified. Charging money from the account without the account holder's order can be made by court decision based on the applications presented by the authorities imposing the obligatory fulfillment of legal acts made by court decisions or tax authorities. After charging the account the account holder is notified.

Domestic payments in AMD

Being the participant to the CBANet Armenian national interbank electronic payments system ARMSWISSBANK executes domestic transfers in AMD in the least time-consuming and the most cost-effective way.

Cross-border payments

ARMSWISSBANK is your reliable partner for cross-border payment transactions. With our network of correspondent banks , SWIFT, technical equipment and experienced staff, your cross-border payments will be carried out safely and efficiently.

Main correspondent Banks

Terms for the banks’ payments 

Payment Terms for non-bank financial companies