Hot Line +37410 511 200

Transfers

Transfers

Converse Bank sets privileged exchange rates for all those, who will exchange into AMD the foreign currency received via fast money transfer systems cooperating with the Bank.

The following money transfer systems are applied at our bank:

Converse Transfer

Transfer card

Starting from April 1, the funds transferred via Converse Transfer, Unistream, Anelik, Moneygram, Interexpress fast money transfer systems by means of Converse Bank can be received by Transfer card.

Why Transfer card?

  • Transfer card gives an opportunity to receive money transfers by one phone call, avoiding visits to the Bank and possible queues
  • The transferred amount can be withdrawn from the card from Converse Bank’s ATMs, with 0% cash withdrawal fee
  • In case of AMD Transfer cards annual interest amount of 3% will be accrued to the positive balance
  • Transfer card holders will get privileged exchange rates

- In case of USD and Euro, 1 AMD plus to the cash purchase exchange rate applied at the Bank
- In case of RUB, at the non-cash purchase exchange rate applied at the Bank

  •  Transfer cards participate in the promotion projects organized for the Bank’s cardholders – Converse points, Cash-back, discounts /for details please see benefits.conversebank.am/

Transfer cards can be ordered online at www.conversebank.am and www.facebook.com/conversebank

In order to credit the transferred amount to the card, it is necessary to call phone number 010 511 292 during the working hours, to give accurate data to the bank’s employee, namely: password, name-surname-patronymic, series and number of the personal identification document, as well as the code of the transfer.

Terms and Conditions

  • The Bank makes money transfers on the territory of the RA and outside it, in AMD and foreign currency, both for account holder and non-account holder /without opening of an account/ clients.
  • Transfers in AMD can be made by account holder and non-account holder clients.
  • The transfers submitted by account holder clients are made on the basis of the submitted payment orders /depending on the size of the amount, the character and purpose of the transfer, also other evidencing documents can be required/.
  • Transfers to the state budget of the RA submitted by non-account holder clients are made in case of availability of the social card and in case of other transfers the bank can request a personal identification document, as well as other evidencing documents for the transfer.
  • Transfers in AMD are made during the hours specified by the bank, according to the bank’s tariffs and rates presented in the section “Tariffs and Rates” below.
  • Transfers in other currencies /International money transfers/ can be made by account holder and non-account holder /without opening of an account/ clients, in different currencies, via SWIFT system.
  • Transfers of account holder clients are made on the basis of payment orders.
  • In case of non-account holder clients, the bank requests a personal identification document, as well as other evidencing documents for the transfer can be requested.
  • The conditions, currency, and tariffs of the transfers made via SWIFT system are presented in the section “Tariffs and Rates” below.
  • Besides, non-account holder clients can make transfers via fast money transfer systems without opening of an account, the details of which – conditions, amount limits, currency, tariffs, geographic data, etc. – are presented in the upper part of this page.
  • Correction of mistakes on the submitted payment orders, their search or cancellation can be made on the basis of a payment order submitted by the client, according to the below-mentioned tariffs and rates, within the scopes of the possibilities and terms set by the transferring and receiving banks.

Tariffs and Rates1/5

Transfers 4.1/4.2

N TYPE OF TRANSACTION TARIFFS AND RATES
/in AMD/ 
1. AMD  
  1. Inter Bank transfers  
  - for account-holder clients /by the bank’s account-holder client, in favor of another account-holder or non-account holder client/4.3 0
  - for non-account holder clients
/by the bank’s non-account holder client to another non-account holder /  
0.1%, min` 300 AMD
  transfers via mConverse mobile bank system tariffs
  2. Transfers to other banks in the RA, except for transfers made as payment for technical inspection coupons  
  - For account-holder customers  
  * on condition of transfer on the same banking day /urgent/4.4 0.1%, min 500 AMD, max 10 000 AMD
  * on condition of transfer on the next banking day 0
  - for non-account holder clients 4.5 up to 50 000 AMD 100 AMD
50 001 - 100 000 AMD 200 AMD
100 001 and more 0.1%, min 300 AMD
 
  3.Transfers made as payment for technical inspection coupons
/ for account holder and non-account holder clients/
 
  - State duty AMD 200
  - Payment for technical inspection AMD 200 
  - Environmental payment AMD 200 
  - Property tax for vehicles AMD 200 
  4. Money transfers executed against provision of technical maintenance tickets
/for account-holder and non- account-holder customers/
 AMD 2 000
 2. Foreign Currency and Non-physical Metal Accounts 5  
   1. Interbank transfers  
  - for account-holder clients /by the bank’s account-holder client, in favor of another account-holder or non-account holder client/  0
  - for non-account holder clients
/by the bank’s non-account holder client to another non-account holder /
 0.1%, min 300 AMD
   2. Making the payment order at the expense of the transferring client /OUR/4.4  
  If the payment order is submitted in paper form  
   - USD, Euro  0.1%, min 8 000 AMD, max 45 000 AMD
   - RUB  0.1%, min 5 000 AMD, max 30 000 AMD
   - in other currency  0.15%, min 15 000 AMD, max 50 000 AMD
   - Non-physical metal /gold/ 0.15% of the monetary value of the transferred metal set by the CBA at the time of making the transaction 0.15%, but not less than AMD 15 000
  If the payment order is submitted via one of the remote control systems /AS-InternetBank, ASBank-Client/  
  - USD, Euro 0.1%, minimum AMD 6 000, maximum AMD 40 000
  - RF ruble 0.08%, minimum AMD 4 000, maximum AMD
25 000
  - Other currency 4.6/4.7 0.13%, minimum AMD 12 000, maximum AMD
50 000
  2.1 Guaranteed OUR /in case of choosing this option, the beneficiary will receive the full amount/  
  If the payment order is submitted in paper form  
   - In case of USD, in addition to point 2, the following is charged:  5 000 AMD
   *for an amount up to Euro 10 000  12 000 AMD
   *for an amount of Euro 10 001 and more   0.1% minimum AMD 15 000, maximum AMD 45 000
   If the payment order is submitted via one of the remote control systems  
  - In case of USD, in addition to point 2, the following is charged:  AMD 4 000
  * for an amount up to Euro 10 000  AMD 10 000
  * for an amount of Euro 10 001 and more 0.1%, minimum AMD 13 000, maximum AMD 45 000
   3. Making the payment order at the expense of the recipient /BEN/4.4  
  If the payment order is submitted in paper form  
   - USD, EUR  AMD 5 000
   - in other currency  0.15%, minimum AMD 5 000, maximum AMD 50 000
   If the payment order is submitted via one of the remote control systems  
   - USD, EUR  AMD 4 000
   - Other currency 4.7 0.13%, minimum AMD 4 000, maximum AMD 45 000
  In case of ՛՛Urgent՛՛ transfers, in addition to point the respective tariff, the following is charged:4.4 AMD 10 000
 3.   Making the instruction for search of the transfer, changing its conditions, recalling the transfer4.6/4.9  
   1. AMD AMD 2 000 
   2. RUB AMD 10 000 
   3. Other currency and non-physical metal AMD 25 000
   4. Other currency and non-material metal account 4.8 AMD 30 000
   5. Inter bank transfer /in all currencies/

AMD 1 000 

4. Sending the transfer back by the correspondent bank4.6  
  AMD 0
  RUB AMD 10 000
  Other currency and non-material metal account AMD 25 000
5. SWIFT confirmation of the transfer /if the application is sent by remote control systems / AMD 2 000 /including VAT/

Notes

4.1 Transfers /including those with the metal account/ are made not later than on the next banking day after their recording at the Bank and are considered made, of there is verification of actual write-off of the specified amount from any correspondent account of the Bank.
4.2 The Bank, according to the information bulletins available at the Bank, may choose the way of transferring funds /to the intermediary bank/ in case if the full way of transfer /the intermediary bank/ isn’t specified on the payment order submitted by the client.
4.3 The tariffs specified in this section for ՛՛account-holder՛՛ clients apply also in case of card accounts.
4.4 Transfers in AMD can be made on the same banking day only if the payment order is submitted via one of "AS InternetBank", "AS Bank-Client" and mConverse mobile bank systems before 15:00, and in paper form before 14:00. The payment orders submitted after the specified time will be performed on the next banking day. "Urgent" transfers can be made on the same banking day only if they are submitted before 15:00, charging the respective commission fee.
4.5 Transfers by non-account holder clients are made only on the next banking day.
4.6 The tariffs of the services specified in these sections cover the commission fees of the Bank’s correspondent banks. The expenses of third banks, if any, are charged from the client additionally.
4.7 Transfers by non-account holder clients in other currencies are made only by ՛՛BEN՛՛ option.
4.8 For inquiries related to transfers made more than six months ago, AMD 30,000 will be charged from the client additionally.
4.9. if the result of the transfer is unsatisfactory for reasons not depending on the Bank, the amount of the paid commission fee shall not be returned.

If the transferred amount is AMD 50 mln. and more, the Bank may refuse to make the transfer on "Urgent" condition. "Urgent՛" transfers to the state budget of the RA submitted on the last working day of the month are made without charging the respective commission fee. 

Transfers in foreign currency

Transfers in foreign currency are made in the following regimes:
Payment orders in USD and Euro, if submitted before 15:00, are transferred on the same banking day, those submitted later - on the next banking day. Transfers marked "Urgent" can be made on the same day only if submitted before 17:00, on condition of charging of the respective commission fee.

Payment orders in RUB, if submitted before 12:00, are transferred on the same banking day, those submitted later - on the next banking day. Transfers marked "Urgent" can be made on the same day only if submitted before 14:00, on condition of charging of the respective commission fee.

Transfers in other foreign currencies are made within 3 banking days.

Requisites for Receipt of Transfers in Foreign Currency

Dear customer,
The Bank is obliged to provide a confirmation document for each transfer, which should include the transfer amount, currency, commission fee and other details.

For more details please visit the Head Office of the Bank at:
Republic Square
26/1 Vazgen Sargsyan
Tel.: +374 10 511200, +374 10 511211
Please feel free to visit all branches of the Bank.