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Cash Collection Services

Cash collection service is relatively new product which HSBC Bank Armenia offers to its corporate customers. The main benefit for our customers is that HSBC Bank Armenia is arranging all necessary steps in order to properly organize cash collection activities from the customer merchant(s) and finally crediting delivered cash to respective account numbers. The Bank also offers the shipment service when cash is transported from the Bank to customer offices/premises.

Cash shipment activities are currently handled by the specialized Cash collection companies. All necessary legal arrangements (including if needs be negotiation with Collection companies) are carried out by the Bank representatives.

Shipment of customer cash and values through collection services company, from the Bank offices/branches to customer's preferred destination and the opposite, within the urban ward of Yerevan (for one way) - AMD 25,0001. The individual approach to the arrangement of above mentioned services is also practised in some exceptional cases.

The shipment will be done within one working day after receiving customer order.

1 Inclusive of VAT



Note: In case of discrepancies between the Armenian and English versions of this page, the Armenian version shall prevail.

Last updated on: 01/04/2011 14:00