Foreign currency account

Any sole proprietor or company may enter into contracts with partners abroad. For cooperation, it is necessary to open a foreign currency account in the currency in which settlements under the contract are made. For example, if you work with India, then most likely you will need an account in rupees.

A foreign currency account is required to enter into agreements with foreign partners and make payments in the required currency. For example, to work with companies from India, an account in Indian rupees will be required.

To open a foreign currency account, you need to:

1. Submit an online application on the website or in the app;
2. Wait for a call from a bank specialist; 
3. Choose the currency for opening the accounts;
4. Provide the documents at a meeting with a bank representative or at a branch;
5. Sign the agreement and start working with foreign partners.
   

An individual entrepreneur will only need a passport. A legal entity with resident status will need a passport and the company's incorporation documents. The bank will prepare the remaining documents independently.

When opening an account, the bank's clients may choose the following currencies:

• Armenian dram (AMD);
• Belarusian ruble (BYN);
• Chinese yuan (CNY);
• Indian rupee (INR);
• Kyrgyz som (KGS);
• Kazakhstani tenge (KZT);
• Tajikistani somoni (TJS).