Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Society

AraratBank Introduces UBPAY: A New System for International Transfers

AraratBank announces the launch of the UBPAY system, enabling customers to send and receive money between the Russian Federation and the Republic of Armenia.

The UBPAY system offers the following key features:

SEND

  • Currency: Russian Ruble
  • Monthly maximum limit: AMD 20,000,000 or RUB 5,000,000 
  • Maximum amount per transfer: AMD 5,000,000 or RUB 500,000 
  • Minimum amount per transfer: AMD 1,000 AMD or RUB 100 

RECEIVE

  • Currencies: USD, EUR, AMD, and RUB
  • Monthly maximum limit: AMD 20,000,000 or RUB 5, 000,000

Customers can utilize the UBPAY service at all branches of AraratBank.