ArmeniaAMDArmenian Dram
Drams to Ameriabank or Inecobank cards - no intermediate conversion through the dollar. Rubles, dollars, or USDT: we credit AMD at market rate. Commission from 0.9%, route agreed before payment.
The route, the receiving bank and the payout amount are agreed before payment.
Since 2022, Armenia has become a strategically important destination for money transfers. Yerevan has received a significant number of IT specialists from Russia and Ukraine and has become one of the notable fintech hubs in the region. Armenian banks continue to work with transfers from Russia, however conditions for accepting funds and additional verification may depend on the specific bank and type of transaction.
AMD (Armenian dram) is Armenia's national currency with a regulated foreign exchange market. The Russian ruble remains one of the most demanded foreign currencies in Armenia and is widely available at exchange points in Yerevan. Idram is one of the country's leading digital wallets, used for transfers, shopping payments, utilities, and other everyday payments. IDBank and Ameriabank offer advanced mobile and online banking. The current ruble to Armenian dram rate is available in the calculator on this page. Credits to Visa and Mastercard cards of Armenian banks take just a few minutes.
For transfers to a bank account, you will need the account number and the recipient bank's SWIFT/BIC; IBAN format is not used in Armenia's banking system.
Armenia's payment ecosystem: banks, cards, e-wallets and transfers. Country — Armenia. Receiving currency — AMD (Armenian dram). Sending currency — RUB, USD, EUR and USDT. Transfer method — Visa and Mastercard or cash. ATM24 commission — from 0.9%. Transfer time — from a few minutes.
Armenia's payment ecosystem: main payment systems and services. Idram wallet — one of Armenia's largest payment services: utilities and shopping payments, QR payments, money transfers and receiving transfers from CIS countries. ArCa system (Armenian Card) — Armenia's national card and payment system, supported by Armenian banks. Telcell wallet — Armenian payment service for transfers, bill payments and other everyday transactions, operates via SIM card. Fast transfers IDpay (IDBank) — service for instant transfers within the IDBank ecosystem. Financial regulator — Central Bank of Armenia (CBA Armenia), regulating the banking sector and payment systems. Banks in Armenia typically operate Mon–Fri 9:00 to 17:00; some branches in major cities operate Saturdays with reduced hours, and IDBank online services are available 24/7.
Visa and Mastercard from Ameriabank, Inecobank, ACBA, Ardshinbank and other Armenian banks. You need the recipient's full name and 16-digit card number. AMD credit within a few minutes, no conversion through the dollar, commission from 0.9%
AMD cash distribution in major Armenian cities through partner network. Convenient for rent payments or when the recipient needs cash. Current cities and distribution points available from the manager when submitting your request
Card details and transfer route are agreed with the manager before payment - this locks in the ruble to dram rate for your specific transaction.
We accept RUB, USD, EUR and USDT — we pay out in AMD
RUB AMD
3.75per 1 RUB
10 000 ₽ = 37 459 AMDUSD AMD
331.62per 1 USD
100 $ = 33 162 AMDEUR AMD
367.74per 1 EUR
100 € = 36 774 AMDUSDT AMD
331.62per 1 USDT
100 USDT = 33 162 AMD| You send | Payout in AMD |
|---|---|
| 100 USDT | 33 162 AMD |
| 300 USDT | 99 487 AMD |
| 500 USDT | 165 812 AMD |
| 1 000 USDT | 331 624 AMD |
| 5 000 USDT | 1 658 121 AMD |
Where recipients usually get the money in Armenia
Armenia's largest private bank. Visa and Mastercard, international transfers, extensive ATM network.
One of Armenia's largest private banks. Visa/MC cards, extensive ATM network.
Agricultural credit bank. Visa/MC cards, wide regional presence, including rural areas.
Modern digital bank, popular among youth. Mobile banking, Visa/MC cards, online transfers.
IDBank — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
National Currency
Armenia's national currency is AMD (Armenian dram). ATM24 credits in drams: RUB or USDT are converted to AMD at the current rate with no intermediate USD conversion.
Card Systems
ArCa card system (Armenian Card) is Armenia's national payment system. Visa and Mastercard are also widely used in the country. ATM24 credits to Visa and Mastercard cards of Armenian banks.
Payment Applications
Idram mobile wallet is one of Armenia's leading payment services. IDBank and Ameriabank offer their own mobile apps and online banking. Evocabank and Inecobank mobile wallets and online services are available 24/7.
Interbank Transfers
The available transfer channel via ATM24 is clarified when submitting your request. International bank transfers in Armenia are processed through SWIFT in accordance with international banking standards, and domestic interbank settlements go through the payment infrastructure of the Central Bank of the Republic of Armenia. Banks in Armenia typically operate Mon–Fri 9:00 to 18:00, some branches operate Saturdays 10:00 to 14:00 local time (UTC+4).
Financial Regulator
The country's financial regulator is the Central Bank of Armenia (CBA), which regulates the banking sector, foreign exchange market, and licenses banks.
Specifics for ATM24
The Armenian dram is a convertible currency, however conditions for specific currency operations may depend on the bank and financial control requirements.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
Real stories from real people
Trustpilot
Thank you for the provided service. They solved the problem quickly and professionally. Manager Alisa handled the deal consistently and tactfully. Very convenient.
Read full reviewTrustpilot
Due to sanctions imposed on Russia, sending a transfer from Russia is almost impossible, thank God that there is such a wonderful service and now transfers to Europe have no obstacles! My friend received the transfer almost instantly and my manager Alisa was in touch throughout the entire process.
Read full reviewInitially I found the service in Google search through an ad banner. I went to read reviews on Yandex and Google, saw that on the maps there is only 1 point in Phuket and it's some kind of ATM. And the reviews are all 5 stars. There are photos, instructions, a website and everything seems to look nice, but it seems that making a website isn’t that hard, reviews can be bought along with photos. I decided to check it myself anyway (because I needed baht and the only thing to exchange was rubles on a card from a Russian bank). I checked, exchanged 5000 baht and everything works smoothly, maybe I'll use them again during my trip, since this time was a test for me. Special thanks to manager Stanislav for the help (I learned the manager’s name in the messenger after the exchange was completed). Upd: exchanged a second time for a larger amount, everything also went smoothly and at a rate not very different from the bank rate.
Read full reviewTrustpilot
My personal manger was Alice Everything is clear and fast No doubt, it is trusted service Great conversion rate
Read full reviewAbout exchanging currency from SPB Tinkoff (T-bank) to dirham cash. Since I am in Dubai (today 16.06.2025) I was honestly afraid to exchange. I found someone’s article and there was a link to “trusted exchangers.” I moved to WhatsApp, we chatted. I exchanged 500 through the ATM. Everything was successful, but I still worried terribly. I communicated with manager Ekaterina. When I transferred the money, she wrote to me "waiting for confirmation from the recipient" and so for each stage. No commissions. You just enter 6 digits at the ATM and get the cash. It was my first time and only once so far, everything went well! I even asked AI about the company’s reliability))) AI replied that it’s reliable, provided facts from the web and reviews. That’s why I actually decided to send the money. Very glad that everything went well, thanks to whoever came up with this and to Ekaterina))
Read full reviewOperator Ekaterina. Dubai, received dirhams, everything clear and understandable. But watch the rate carefully for commissions!
Read full reviewAn excellent way out of the situation with getting cash. We ended up on an island in Thailand and needed local money. I risked using the service. They contacted me quickly via WhatsApp, I received clear support, I sent the money to the number and within 5 minutes the money was in my hands from the ATM. Easier than easy. Thank you very much. Stanislav was in touch. Thanks for such a grea
Read full reviewATM is a super convenient thing in another country, they did everything in 15 minutes. Manager Yegor helped with the exchange, explained everything clearly, sent links. I'm delighted. Now we'll be confident in exchanging funds online and know where to turn!
Read full reviewWe agree the rate and the payout method before payment — pick where the money goes.
Country not found
We've compiled answers to common questions about the ruble in Armenia, Armenian dram, and transfers.
To arrange an AMD payout in Armenia, ATM24 first checks the receiving channel for the Armenia AMD payout route. The route is confirmed before payment, including Ameriabank, Ardshinbank, card or account details, sender payment method, fee from 0.9%, and timing from 15 minutes. Bank-route examples for Armenia: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC.
A card or bank-account payout in Armenia in AMD is possible only when the selected route supports it. ATM24 verifies whether the recipient's card, account number, and name match the Armenia AMD payout route. The manager confirms the selected bank, such as Ameriabank or Ardshinbank, before payment because card and account rules may differ. Bank-route examples for Armenia: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC.
For Armenia, ATM24 can review an AMD payout through banks such as Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC. The manager checks whether the selected bank route supports the incoming transfer and which account or card details are needed. The bank route is confirmed before payment.
For Armenia, ATM24 does not use one universal recipient form for every AMD transfer. The details are checked by route: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC, card payout, account payout. Name, account/card data, and payout currency must match the selected option. Bank-route examples for Armenia: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC.
An AMD transfer to Armenia can start from 15 minutes after ATM24 confirms the recipient route. Timing depends on amount, recipient details, and Armenia AMD payout route, Ameriabank, Inecobank, Ardshinbank, card route, account route, and separate checks for Ameriabank and Ardshinbank. The expected payout window is shown before payment. Bank-route examples for Armenia: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC.
The fee for sending money to Armenia with payout in AMD is calculated from 0.9% through ATM24. ATM24 shows the sender the fee, exchange conditions, payout route through Inecobank or Ardshinbank, and amount the recipient should receive before payment. Bank-transfer fees, card conversion fees, and DCC markups from the sender's provider are separate. Bank-route examples for Armenia: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC.
Yes, ATM24 can calculate a transfer to Armenia in AMD where the sender pays by card, bank transfer, USDT, or another available method. ATM24 checks the Armenia AMD payout route, payment currency, exchange conditions, bank details such as Ameriabank or Ardshinbank, and the final payout amount. Sender-side card or bank fees are separate from the ATM24 calculation. Bank-route examples for Armenia: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC.
For Armenia, the minimum AMD transfer through ATM24 starts from 100 USD or the equivalent. The upper limit is route-based: the manager checks Ameriabank, Inecobank, recipient details, payout method, and document requirements before payment. A route through Inecobank may have different limits than a card or non-bank payout. Bank-route examples for Armenia: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC.
For a large AMD transfer to Armenia, ATM24 reviews documents around Armenia AMD payout route, Ameriabank, Inecobank, recipient-name match, route limit, payment purpose, source-of-funds review, and separate checks for Ameriabank and Ardshinbank. The request may require sender ID, source-of-funds details, recipient bank data, and payment purpose. The manager confirms the exact list before payment. Bank-route examples for Armenia: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC.
If you send 1000 USD to Armenia, the recipient amount in AMD is not a generic market-rate number: 331,624.23 AMD. The calculation uses the payout route, bank such as Ardshinbank, fee from 0.9%, and exchange conditions. ATM24 confirms the final amount before the sender pays. Bank-route examples for Armenia: Ameriabank, Inecobank, Ardshinbank, "AMIO BANK" CJSC, and "Acba bank" OJSC.
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