FX Transactions | Ameriabank
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FX Transactions

Convenient Currency Exchange Solutions Designed for You

FX transactions are a common routine for every entrepreneur. We take care to tailor our products and services to meet your needs, be convenient and easily available and help you save your time.

We offer FX services at most competitive rates. We do the utmost to minimize the risks amid the continuous volatility in the FX markets.

From October 20, 2022 to January 20, 2023, inclusive, preferential rates will apply for FX transactions in USD, EUR and RUB via MyAmeria.

You can download MyAmeria application here.

Spot transactions

With our vast opportunities for FX transactions in the trading market, you may make FX transactions in the currencies quoted by the bank at most competitive exchange rates.

Swap transactions

We offer currency and exchange rate swap transactions on a contractual basis in domestic and international markets.

Swap transactions are concluded only with legal entities.

Forward transactions

Ameriabank offers forward transactions in currencies quoted by the Bank, on the following terms:

  • Forward transactions are executed with legal entities only, on contractual basis; 
  • The minimum transaction amount - USD 50,000 or other currency equivalent;
  • The amount frozen to secure a forward transaction - 5-10% of the transaction amount; 
  • Exchange rates for transactions for an amount above USD 500,000 or other currency equivalent are set by the respective unit of the Bank separately for each case, based on the transaction amount, duration and market liquidity; 
  • You can check the exchange rates for transactions with a duration different from the specified terms by contacting the respective employee of the Bank.


 DaysBuySell
USD30392.76400.12
EUR30408.68424.18
USD90395.60406.00
EUR90413.66432.13
USD180399.33414.47
EUR180420.33443.23

FAQ

Do I need an ID to make an FX transaction?

Where the foreign currency exchange transaction amount is below AMD 400,000 AMD, an ID is not required.

Can I exchange currency via Online Banking system?

Yes, you may buy or sell cashless currency via Online Banking system. However, any transaction for AMD 20 million and above is subject to approval by the Bank.

Foreign exchange transactions executed online on business days after 6:00 p. m. and non-business days (including holidays) with the trade value for AMD 20 million and above may be rejected due to volatility of exchange rates on the local and international markets.

Should the FX transaction through Online Banking system be rejected, we will inform you of the reasons for such rejection.

In what cases may the currency exchange transactions be rejected?

FX transactions may be also rejected for the following reasons:

  • The client account balance by close of the business day is not sufficient to execute the transaction,
  • There is a restriction placed on the client’s account (Compulsory Enforcement Service lien or any other encumbrance),
  • If the amount to be exchanged is equal to or exceeds 1,000 (one thousand) US dollars or its equivalent in other currencies quoted by us, for individuals who do not have accounts with us,
  • If the amount to be exchanged is equal to or exceeds 200,000 US dollars or its equivalent in other currencies quoted by us. For transactions exceeding this limit, special contractual rates different from our standard published rates may be applied.
  • Other

It is also important to know:

  • Should the FX transaction through Online Banking system be rejected, we will inform you of the reasons for such rejection.
  • Foreign currency exchange transactions are free of charge.

Are there any specifics associated with FX transactions?

Trading in Chinese Yuan is available to corporate clients only provided that respective documents are in place.

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Last updated on 01.11.2022, 12:37