Express money transfer system Converse Transfer

Converse Transfer

Express money transfer system

Converse Transfer money transfer system is an Armenian payment and settlement system, which enables making money transfers within and out of Armenia, to CIS countries, without opening an account.        


  • Comission
    1%
  • Currency, which can be transferred:
    Armenian drams, US dollars, EUR, Russian RUB
  •      
    Maximum limit
    5 000 000 AMD
  • Maximum time
    5-10 minutes


The page was updated 21.11.2017 10:44

Converse Transfer 

Express money transfer system
 
 

General terms and rates

Information to be presented by the person making transfer
  • ID document* 
  • Transfer application in the form approved by the system,
  • The country and the city where the funds are transferred to. 
  • The amount and the commission 
  • Name, last name, (patronymic, if mentioned in the passport) of the beneficiary
The Bank must provide the Client with transfer receipt for each transaction.
Information to be provided by the beneficiary client
  • ID document, 
  • Unique code of the transfer 
  • Name, last name of the sender, 
  • The amount and currency of the transferred amount,
  • Application to receive the transfer in the form approved by the system.
Currency of transfer US dollar, EUR, Russian RUB, Armenian Drams
Foreign currency can be exchanged upon necessity, at the rate applicable by the Bank as of the given day. 
Currency of receipt US dollar, EUR, Russian RUB, Armenian Drams
Foreign currency can be exchanged upon necessity, at the rate applicable by the Bank as of the given day.
Time the transfers becomes available 5 - 10 minutes
Maximum amount per one transfer USD 20 000, EUR 15 000, RUB 500 000, AMD 5 000 000

Commission
1% of the transferred amount
The commission is charged from the sender only, in AMD, at the rate established by the CBA for the given day.  
Geography Money transfers through “Converse Transfer” remittance system are available in the territory of RA.
Change of requisites of the transfer Requisites shall be changed on the day of submitting application on change of requisites; no commission is charged for the change. To effect the change of requisites the sender must submit written application and his/her ID document to the service point where the transfer was made from.
Change of requisites is executed in order established by the system.
Only unpaid transfers can be changed.

Cancelling the transfer The transfer can be cancelled on the same day of submitting application on the basis of cancellation request submitted by the sender and his/her passport details; no additional fee is charged.
In case of cancellation the commission is not returned.
Call back Calling back of the full amount is effected on the basis of calling back request submitted by the sender and his/her passport details; no additional fee is charged.
The amount is returned within one banking day.
Commission is not refunded.
Only unpaid transfers can be returned.

* The list of ID documents is determined by decision N 767 of the RA Government as of December 22, 1999.

The clients can make money transfers through “Converse transfer” payment and settlement system at any branch and Head office of “Anelik Bank” CJSC.

The Bank offers other money transfer systems, such as: MoneyGram, Intelexpress, Ria Money Transfer, Sigue Money Transfer, Unistream, Moneytun.

The page was updated 20.11.2017 17:04
Documents to be presented by the sender and the beneficiary to make and receive transfers through “Converse Transfer” system.

  • ID document
The page was updated 20.11.2017 17:04
Attention: The Bank does not bear any responsibility for the inaccuracy of information on the linked web sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites. In case of any discrepancies in the website materials in Armenian, Russian and English languages, the Armenian version is prevailing.