Current Account

To open an account you need:

• ID and personal public services number for resident individuals
• Personal identification document for non-resident individuals

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

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

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
• Register in Online Banking in order to manage your account remotely

Once the bank has approved your application, you will be able to log into Online Banking and perform certain transactions (see further for details). In order to use all available services freely, without restrictions, as well as to activate your card, you will have to pass full identification via a video call or by visiting us in person.

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

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

Currently, only citizens of the Republic of Armenia are able to open online SMART accounts.

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

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

(Either restricted-access or full-access) accounts are opened based on your application within 1 business day.

Via the restricted-access account, you can perform the following transactions:

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

      To gain unrestricted access to banking transactions 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 the date and time.

During the video call, our employee completes the identification of the person who opens an account online. The video call is recorded. Once you have passed 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 have to answer several questions about yourself.