Current Account

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Performing everyday bank operations is easy if you have a current account. Once joined, you can perform your operations and manage your cash and accounts freely and easily.

Accounts in Armenian drams or foreign currency
Account without minimum balance requirement
Free-of-charge Online/Mobile Banking
VISA Classic or MasterCard Standard card

*Free-of-charge opening of accounts if applying remotely. Learn more

Free of charge

current account in AMD for Armenian citizens

No minimum balance

for current accounts

AMD 3,000

for account + service package

Advantages

Payment Card

When you open an account, you receive a free-of-charge VISA Classic or MasterCard Standard card. Learn more about cards and their terms here.

Cashback up to 20%

You can get up to 20% cashback for non-cash purchases at our partner merchants. Learn more.

Safe and Secure

Transactions with Ameriabank's cards are safe and secure. We are always at your side to ensure the security of your funds and data.

Manage Your Accounts Without Visiting the Bank

Ameria Online and Mobile Banking platforms and our phone banking services enable you to make transfers and payments, including loan payments, check your account and much more.

Learn more

USSD

Get information about your account balance, available services, latest operations, or block your card if necessary, anytime anywhere via USSD instructions.

Learn more

Wide network of ATM's

Via our cash machines and automated self-service terminals you can, in addition to just withdrawing cash, make instant cash deposits into your account, utilities and other payments. Service network

Ready to open an account? Come online!

Apply now

FAQ

What documents do I need to open an account?

To open an account you need:

ID and personal public services number for resident physical entities
Personal identification document for non-resident physical entities

In what currencies can I open an account with Ameriabank?

Current accounts are available in Armenian drams, US dollars, euros, Russian rubles, Swiss francs, British pounds, Canadian dollars, Japanese yens, Australian dollars, UAE dirhams, paper gold (999.9 purity), and other currencies quoted by Ameriabank. Operations are executed in the account currency, except for currency conversion transactions, which are subject to the exchange rates of Ameriabank effective at each particular moment.

What is a SMART account?

SMART account is a bank account opened completely online, without visiting the bank in person. When you open a SMART account, you also get a VISA Classic or MasterCard Standard card free of charge, and 24/7 Online Banking with access to manage accounts and perform operations.

How do I open an account online?

Opening SMART accounts online is easy and simple.

Fill in the application form
Take a photo of your ID and a selfie
Select a complimentary payment card and delivery mode
Register in Online Banking to manage your account remotely

Once the bank approves your application, you will be able to log into Online Banking and perform certain operations (see further for details). In order to be able to use all available services freely, without restrictions, and to activate your card you will be required to pass full identification via a video call or by visiting us in person. If you are a non-resident citizen of Armenia, your full identification will be performed in accordance with appropriate internal procedures of the bank.

During which days/hours can I open a SMART account?

You can apply for a SMART account online whenever you like.

Can I open a SMART account, if I am abroad?

Yes, you can open SMART accounts also from abroad. All you need is a personal identification document such as Armenian passport, Armenian ID or social card, and a smartphone with internet or a webcam-equipped PC.

Can I open a SMART account, if I am a foreign national resident in Armenia?

Currently only citizens of the Republic of Armenia can open online SMART accounts.

What is the difference between accounts with restricted access and full-access current accounts?

When you apply online, an account with restricted access is opened for you which you can use until you pass full identification in accordance with the laws of Armenia and internal regulations of Ameriabank. With restricted access you can perform certain bank operations.

Once you pass full identification, you will get full access to your current account which means that now you can also make payments to accounts of other persons as well as payments between your own accounts, deposit and withdraw cash and exchange currency.

Accounts (either with restricted or full access) are opened based on your application within 1 business day

What operations can I perform via account with restricted access?

You can perform the following operations via account with restricted access:

Transfers between your own accounts with daily limit of 400,000 Armenian drams or foreign currency equivalent
Transfers within Ameriabank accounts
Currency exchange
Utility payments
Payments to state budget
Payments of traffic tickets
You can also submit applications for services available at that time in Online Banking

How can I make my SMART account with restricted access an unrestricted one?

To gain unrestricted access to banking operations via your SMART account you need to pass full identification via a video call or by visiting us in person. To schedule a video call, log into Online Banking, click “restricted” and select date and time.

What is a video call?

During the video call, our employee completes the identification of the person opening an account online. The video call is recorded. Once you pass full identification, you can gain unrestricted access to your account and activate your payment card. You can fix the date and time for your video call when submitting the SMART account application.

During the video call, you will be required to answer several questions about who you are and what you do.

How to apply

Apply online

SMART accounts are opened online and give you access to accompanying services free of charge.

Apply now

Visit us

Alternatively, you can visit the nearest Ameriabank branch office in person to open an account. Some of our branches work long hours and weekends.

Find a branch

Be Informed

Account + service package
Package includes one account in Armenian drams and one account in a foreign currency, Internet/Mobile Banking (with Ameria Token), and one VISA Classic or MasterCard Standard card without annual service fee. [14]	AMD 3,000
Opening Smart accounts online with service package (package includes one account in Armenian drams, Internet/Mobile Banking (with Ameria Token), and one VISA Classic or MasterCard Standard card)	Free
Account opening fee [15]
Accounts in AMD
For Armenian citizens	Free
For non-citizens	AMD 5,000
Accounts in foreign currency
At Yerevan-based branches	AMD 1,000 per account
At branches outside Yerevan	AMD 500 per account
Minimum account balance [16]	N/A
Account management [17]
If during calendar half-year average cash flows on the client’s accounts are at least AMD 150,000, or average daily balance on accounts is above AMD 50,000	Free
If during calendar half-year average cash flows on any of the client’s accounts are less than AMD 150,000, or average daily balance on account is less than AMD 50,000	AMD 1,000 per calendar half-year
Cash withdrawal
From funds credited to client’s account in cash	Free
From funds credited to client’s account through wire transfer
AMD
At Yerevan-based branches	0.2%, min AMD 500
At branches outside Yerevan	0.1%, min AMD 200
RUB	0.3%, min AMD 1,000
Other currencies	0.5%, min AMD 1,000
Provision of statements [16]	Free

[14] Package is available only for Armenian citizens. If the client refuses to use one or several services in the package, the price of the package remains the same. Services not included in the package are chargeable at the rates applicable to each particular service.

If you already are an Ameriabank client, the package is applicable to you if you do not use any of the services included in the package.

[15] No account opening fees in case of time deposits or brokerage account opening. Opening an AMD account is required for any kind of banking transactions.

[16] 0% annual interest for credit balance on account.

[17] Turnover on any account of the client (including card accounts) applies to all other accounts of that client (this provision is applicable only in terms of charging commissions). If the client has a card account linked to an active card, no commission is charged. If the account is linked to a closed card, the commission is chargeable. Commissions are charged within two weeks following each calendar half-year.

Where there is no activity on all accounts during the most recent 12 months, the account is restricted for debiting (this is done within two weeks following each calendar quarter for accounts qualifying for restriction at that time) and an account data update is required. Where there is no activity on all accounts during the most recent 12 months and account balances are zero, accounts are closed (this is done within two weeks following each calendar half-year for accounts qualifying for closing at that time).

No account management fee is charged from clients having brokerage accounts.

[18] The Bank provides account statements in the manner defined under applicable laws of Armenia. Statements can be delivered in person within the Bank premises, sent by post, email, Bank-Client or Internet-Bank.

6. Account crediting in cash
6.1 AMD
6.1.1 Up to and including AMD 50,000 [5]	AMD 500
6.1.2 Above AMD 50,000	Free
6.2 USD, EUR	Free
6.3 RUB, GBP, CHF and other foreign currencies [6]	As per the rates prevailing in the Bank on that day
7.Cash withdrawal
7.1 From funds credited to client’s account in cash	Free
7.2 From funds credited to client’s account through wire transfer
7.2.1 AMD
7.2.1.1 At Yerevan-based branches	0.2%, min AMD 500
7.2.1.2 At branches outside Yerevan	0.1%, min AMD 200
7.2.2 RUB	0.3%, min AMD 1,000
7.2.3 Other currencies	0.5%, min AMD 1,000
8.Distance banking fees [7]
8.1 Via Internet/Mobile Banking with access to view account activity and statements and execute transactions
8.1.1 With a token generating one-time passwords	Lump-sum fee of AMD 5,000 (including one token generating one-time passwords to log into system and authorize transactions)
8.1.2 With Ameria Token	Lump sum fee of AMD 1,000 (including one code for Ameria Token application to log into system and authorize transactions)
8.1.3 Provision of token/Ameria Token (in case of loss or damage), change of existing token	AMD 1,000, VAT included
8.2 Via Phone banking	Lump sum fee of AMD 5,000
9.Provision of statements, information and copies of documents
9.1 Provision of up to 1 year-old account statements, copies of account statements or other documents kept in electronic form	Free
9.2 Provision of more than 1 year-old account statements or copies of account statements or provision of other documents kept in electronic form	AMD 5,000, VAT included, per annual statement per account
9.3 Provision of references
9.3.1 To holders of 3 and more months old accounts	AMD 3,000, VAT included
9.3.2 To holders of less than 3 months old accounts	AMD 5,000, VAT included
9.3.3 If ordered via Internet/Mobile Banking or Ameriabank website [8]	AMD 1,000, VAT included
9.4 Delivery of account statement
9.4.1 By email/span>	Free
9.4.2 By post within Armenia	Free
9.4.3 By post outside Armenia	As per postal service bills
10.Remittances [9] in AMD
10.1 Within Ameriabank accounts	Free
10.2 To Armenia-based banks
10.2.1 For account holders [10]	Free
10.2.2 For non-account holders at Yerevan-based branches	0.1%, minimum AMD 1,000
10.2.3 For non-account holders at branches outside Yerevan	0.1%, minimum AMD 500
10.3 Transfers to payment and settlement organizations on behalf of account holders	0.5% of transferred amount
11.Remittances in foreign currency
11.1 Within Ameriabank accounts	Free
11.2 In RUB
11.2.1 Costs of all correspondent and intermediary banks charged to the amount of remittance	AMD 3,000
11.2.2 Costs of all correspondent and intermediary banks borne by Ameriabank	0.1%, min AMD 3,000, max AMD 30,000
11.3 In USD, EUR
11.3.1 Costs of all correspondent and intermediary banks charged to the amount of remittance	0.1%, min AMD 5,000, max AMD 12,000
11.3.2 Costs of correspondent banks borne by Ameriabank, costs of other intermediary banks, if any, charged to the amount of remittance
11.3.2.1 If the payment order is submitted in paper form	0.15%, min AMD 7,500, max AMD 50,000
11.3.2.2 If the payment order is submitted via Internet/Mobile Banking	0.1%, min AMD 6,000, max AMD 50,000
11.4 Costs of all correspondent and intermediary banks borne by Ameriabank	Commission specified in point 1.6.2 + AMD 10,000
11.5 In other foreign currencies quoted by the Bank
11.5.1 Costs of all correspondent and intermediary banks charged to the amount of remittance	0.1%, min AMD 5,000, max AMD 12,000
11.5.2 Costs of correspondent banks borne by Ameriabank, costs of other intermediary banks, if any, paid by client
11.5.2.1 If the payment order is submitted in paper form	0.15%, min AMD 12,000, max AMD 50,000
11.5.2.2 If the payment order is submitted via Internet/Mobile Banking	0.1%, min AMD 10,000, max AMD 50,000
11.6 Transfers in currencies not quoted by the Bank [11]	0.2%, min AMD 20,000, max AMD 100,000
11.7 Transfer of money to Ameriabank client accounts from ARCA, VISA or MasterCard cards [12]	2%

[5] No commission for cash deposit in the following cases:

Account top-up to pay commissions
Account top-up to make payments to government and local authorities of Armenia, including notary offices, service agencies of state committee of real estate cadaster and other government bodies
Cash deposit as part of other operations handled by teller

[6] No commission for account crediting in case of making time deposits. In case of early termination of deposit within 30 days after deposit start date a fee is charged in the amount of the applicable rate for account crediting in cash as of actual deposit repayment day.

[7] The Bank defines currency exchange rates every business day, which remain effective during open hours of the Bank. The Bank is entitled to reject conversion applications received via distance banking systems on non-open hours (before 09.30 a.m. and after 5:00 p.m) and non-business days (including Saturdays).

[8] Requests for references should be submitted at least one banking day in advance.

[9] The Bank accepts and processes payment orders submitted in paper form or via distant banking solutions as per the schedule below, provided that there are sufficient funds on the account to execute the transfer.

GUIDE TO CURRENT ACCOUNT OPENING AND SERVICING (FOR INDIVIDUALS)
AMERIABANK CJSC STANDARD TARIFFS FOR INDIVIDUALS
General Terms and Conditions of Provision of Banking Services to Individuals
List of documents required for opening of bank accounts
Overview of personal data obtained by the bank
Distance banking systems
Fees for Transactions Through Payment Terminals
Your financial database www.fininfo.am ATTENTION! “YOUR FINANCIAL DATABASE” IS AN ELECTRONIC SYSTEM AIMED AT FACILITATING SEARCHING AND COMPARISON OF THE SERVICES OFFERED TO INDIVIDUALS AND MAKING THE CHOICE EASIER FOR YOU.

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Joint Account

A joint account is the best option to share an account with your family. To perform a transaction, you will need either the signatures of all account-holders, or one of them.

Proxy Account

You can open an account in the name of a third party. Such accounts are designed for time deposits on behalf of third parties

Special Purpose Account

Funds on special purpose accounts are intended to be used for specific purposes. Examples of special purpose accounts are accounts in the name of minors under 14, or escrow accounts to ensure payments under real estate purchase transactions. Learn more.

The right to make transactions through these accounts is stipulated in the Agreement on Opening and Managing Bank Account executed with the client, and in the signature card. In case of joint account the Agreement on Opening and Managing Bank Account is co-signed by the persons opening the account.

Last updated on 04.10.2021, 15:03