Exchange rates

In case of conversion of more than 25,000 USD or its equivalent into another foreign currency within one banking day, the transaction is carried out on a contractual basis, at the discretion of the Bank and at the exchange rate determined by the Bank. For conversion transactions exceeding 100,000 AMD (inclusive) or its equivalent in foreign currency, it is necessary to present an identity document. There are no commission fees for conversion transactions. The acceptance of US dollars and Euros with tears and damages, as well as US dollars issued before 1995, is carried out with a 5% commission fee. Banknotes with a nominal value of 500 Euros are not accepted, converted and replaced by the Bank. Foreign currency conversion transactions are rejected by the Bank: 1. If the transaction results in the Bank violating international sanctions. 2. In cases specified by the Bank's internal legal acts, unilateral or bilateral quotation of any currency may be partially or completely suspended or restricted, both for all clients and for individual groups of clients, in accordance with the procedure established by the decision of the Bank's Chief Executive Officer.