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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?

In short: yes — foreigners can open personal accounts and foreign-owned Armenian companies can open corporate accounts, typically multi-currency (AMD, USD, EUR, RUB) with international transfer access. Banks apply case-by-case compliance checks, and most require one in-person visit. Success depends on how well the file is prepared before the appointment.

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.

One visit, everything ready

We book the appointment, prepare documents and translations, and sit with you at the branch. For company owners, corporate and personal accounts are opened in the same visit.

Content reviewed and updated: July 2026

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
Open one account

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

One booked appointment. We accompany you, translate and resolve questions on the spot.

Activation

Online banking, cards and transfer limits configured before you leave.

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, so file preparation before the appointment is what determines success.

Do I have to visit Armenia in person?

In most cases yes — banks generally require one in-person visit for identification and signatures. We compress everything into a single prepared appointment and accompany you at the branch.

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.

Want your account approved on the first try?

Tell us your citizenship and business activity — we’ll reply with the realistic options and a fixed quote.