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Open a Bank Account in Armenia
$1,450.00
Armenia is a growing financial center, and it may be an ideal banking location for companies doing business in CIS countries and transacting in Russian Rubles. Non-resident individuals and companies are welcomed to open accounts, including companies incorporated in tax-neutral jurisdictions. Armenia is an interesting banking hub for those doing business in Eastern Europe or looking at high-yielding fixed deposits.
We can help you open business and personal accounts in Armenia. Accounts are available for both non-resident individuals and foreign companies. We invite you to carefully review the bank requirements and services to better understand if its banking services meet your needs.
Our banking support service is not just a mere introduction to the bank. We assist you in filling out the business questionnaires appropriately and help you understand and provide business details, commercial information and purpose/use of the bank account that a given bank wants to know in order to approve your account application. Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
Armenia Bank (OJSC Unibank)
Account Details
| Eligibility | Foreign Companies |
| Account type and Currency | Call Deposit Accounts (AMD, USD, EUR, GBP and RUB) |
| Minimum Initial Deposit | N/A, but preferably 60+ outgoing payments and 6,000,000 USD outgoing volume per year |
| Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | N/A |
| Online Banking | Full Service (Internet Banking, Mobile Banking) |
| Cards (Currency) | Visa Infinite Multicurrency Card (USD, EUR and AMD) |
| Other Services | Fixed Deposits Concierge Services Deposit Boxes Loans |
Remote opening: no personal visit to Armenia is required. Foreign companies engaging in high-risk businesses may not be eligible.
Account Details
| Eligibility | International Individuals |
| Account type and Currency | Interest-bearing Personal Premier Accounts (AMD, USD, EUR, GBP and RUB) |
| Minimum Initial Deposit | USD 100,000 |
| Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | USD 100,000 |
| Online Banking | Full Service (Internet Banking, Mobile Banking) |
| Cards (Currency) | Visa Infinite Multicurrency Card (USD, EUR and AMD) |
| Other Services | Fixed Deposits Concierge Services Deposit Boxes |
Remote opening: no personal visit to Armenia is required. Individuals from High-Risk jurisdictions may not be eligible.
- Business Account
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Account Details
Eligibility Foreign Companies Account type and Currency Call Deposit Accounts (AMD, USD, EUR, GBP and RUB) Minimum Initial Deposit N/A, but preferably 60+ outgoing payments and 6,000,000 USD outgoing volume per year Minimum Monthly Average Balance (To Avoid Fall-Below Fee) N/A Online Banking Full Service (Internet Banking, Mobile Banking) Cards (Currency) Visa Infinite Multicurrency Card (USD, EUR and AMD) Other Services Fixed Deposits
Concierge Services
Deposit Boxes
LoansRemote opening: no personal visit to Armenia is required. Foreign companies engaging in high-risk businesses may not be eligible.
- Personal Premier Account
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Account Details
Eligibility International Individuals Account type and Currency Interest-bearing Personal Premier Accounts (AMD, USD, EUR, GBP and RUB) Minimum Initial Deposit USD 100,000 Minimum Monthly Average Balance (To Avoid Fall-Below Fee) USD 100,000 Online Banking Full Service (Internet Banking, Mobile Banking) Cards (Currency) Visa Infinite Multicurrency Card (USD, EUR and AMD) Other Services Fixed Deposits
Concierge Services
Deposit BoxesRemote opening: no personal visit to Armenia is required. Individuals from High-Risk jurisdictions may not be eligible.
Our banking support services include introductions to payment processors and merchant accounts to better support our e-commerce clients. Whether you just need standard credit card processing or specialized services for high-risk processing, we are happy to help you with introductions that can empower your business.
Bank Account opening requirements are subject to change at the discretion of the bank. There might be additional fees charged by the bank itself. Bank account opening is not guaranteed and is subject to the bank policies and compliance department. There might be restrictions on UBO nationalities, business activities and/or jurisdictions. A refund is guaranteed if the account is not successfully opened, but a 15% administrative fee applies.