FX Transactions
Նախորդ տարբերակին անցում կատարելու համար սեղմել   այստեղ

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.

By the way, we don’t charge any fees for the FX transactions.

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 our customers currency and exchange rate swap transactions on contractual basis both on the domestic and international markets.

Forward transactions

Ameriabank offers forward transactions in currencies quoted by the bank.

The delivery dates depend on the currency. In case of FX/FX transactions, the term may be up to one year. In case of FX/AMD transactions, the term is determined based on the market situation. All forward transactions are negotiable.

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 5,000 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.

Recommended for you

Securities market operations

Trading in the securities market opens opportunities for extra income. We offer effective solutions for trading in the stock market, over the counter, as well as professional international stock and raw materials markets.

Learn More

Investment loans

We offer this unique opportunity to you – a loan to acquire equity in Armenia-based businesses.

Learn More

Last updated on 28.09.2021, 12:37