Multi-currency · International transfers
Open your bank account in Armenia — prepared, not improvised
Bank selection, compliance file and appointment handled before you walk in. Corporate + personal package $590 · single account $350.
The short answer
Can a foreigner open a bank account in Armenia?
Why applications get rejected
Incomplete source-of-funds documentation, mismatched business descriptions and choosing the wrong bank for your profile are the usual causes. We match your case to the right bank and prepare the compliance file before booking anything.
Prepare before your appointment
We book the appointment, prepare documents and translations, and accompany you at the branch. Corporate and personal applications can be coordinated, but each is subject to the bank’s checks and timing.
Appointment and approval wording reviewed: 8 September 2026. For example, Ameriabank’s business banking guidance explains that additional information, documents and interview questions may be required for customer checks. Confirm the checklist with your chosen bank before arranging travel.
Pricing
Two options, fixed fees
Single Account
$350 corporate or personal
- Bank matching for your profile
- Compliance file preparation
- Appointment booking
- In-branch accompaniment & translation
Corporate + Personal
$590 corporate + personal assistance
- Everything in Single Account
- Coordinated corporate and personal applications
- Online banking & cards setup
- Coordination with your company registration
Included at no extra service fee inside the Full Relocation Package ($1,900).
The process
From profile to working account
Profile review
We assess your citizenship, business activity and needs, then shortlist the banks most likely to approve your case.
File preparation
Source of funds, business description, translations — assembled to the bank’s compliance standard.
Branch visit
We accompany you at the appointment, translate and help respond to the bank’s questions. Further information or a follow-up visit may be needed.
Activation
After approval, we help with online banking, cards and transfer settings according to the bank’s availability and processing time.
FAQ
Banking — frequently asked questions
Can a foreigner open a bank account in Armenia?
Yes. Foreigners can open personal accounts, and foreign-owned Armenian companies can open corporate accounts. Banks apply individual compliance checks and decide whether to approve each application. Preparation supports the review; it does not guarantee approval.
Do I have to visit Armenia in person?
Confirm the identification process with the chosen bank before travel. We prepare for the branch appointment and accompany you; the bank may request additional documents, checks or a follow-up visit.
How much does the service cost?
The corporate + personal package is $590; a single account is $350. Both cover bank matching, compliance file preparation, appointment booking and in-branch accompaniment.
Which currencies and transfers are available?
Multi-currency accounts in AMD, USD, EUR and RUB are standard, with cards and international transfers subject to each bank’s compliance policy. We flag any restrictions relevant to your citizenship or business before you commit.
Check your banking options before you apply
Tell us your citizenship and business activity — we’ll reply with the realistic options and a fixed quote.
Banking questions? Ask our AI bot — free, 24/7
Which bank suits you, what documents you need, compliance questions, remote opening — get instant answers before you commit.
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The bot gives general guidance. For your specific case or to place an order, use the paid consultation or WhatsApp buttons on this page.