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Efficient and secure way of transferring and receiving funds

In AMD (within Armenia)1

Outward remittances from HSBC Bank Armenia branches, submitted in hard copy instructions2

AMD 5,0003

Outward remittances submitted via HSBCnet

Free

Credit of received funds to customer account

Free

Amendment or cancellation of payment instructions

Received by the bank but not processed

Free

Received by the bank and processed

AMD 5,0004

Transfers in Foreign currency

  • Explanations and instructions may accompany the payment.
  • The Bank effects transfers in the following currencies USD, EUR, GBP, RUB, CHF, AUD, AED, HKD, CAD, JPY, CNY.

Transfers in USD/EUR

Commission

Outward remittances from HSBC Bank Armenia branches, submitted in hard copy instructions

0.3%*

Outward remittances submitted via HSBCnet

0.085%*

Transfers in foreign currencies other than USD/EUR

Outward remittances from HSBC Bank Armenia branches, submitted in hard copy instructions’

3%*

Outward remittances submitted via HSBCnet

0.285%*

Other Conditions

Transfers between accounts held at the Bank

Free

Credit of foreign currency inward remittance amounts to account, if all charges are not paid by the remitter

AMD 6.000

Amendment or cancellation of foreign currency payment instruction

Received by the bank but not processed

Free

Received by the bank and processed

AMD 20.0005

Payment Type

Currency

Cut-off time

Value Effected

Local payments instructions submitted via HSBCnet

AMD

Before 15:00

Instructions submitted before 15:00 will be effected with same day value

AMD

After 15:00

Instructions submitted after 15:00 will be effected next business day value the latest

Local payments instructions submitted in hard copy

AMD

Before 14:002

Instructions submitted before 14:00 will be effected with same day value

AMD

After 14:00

Instructions submitted after 14:00 will be effected next business day value the latest

Local payments

USD

Before 14:00

Instructions submitted before 14:00 will be effected with same day value**

After 14:00

Instructions submitted after 14:00 will be effected next business day value the latest**

EUR

Before 14:00

Instructions submitted before 14:00 will be effected with same day value**

After 14:00

Instructions submitted after 14:00 will be effected next business day value the latest**

RUB

Before 13:00

Instructions submitted before 13:00 will be effected with same day value

After 13:00

Instructions submitted after 13:00 will be effected next day value the latest

GBP, CHF, AED, HKD, CAD, CNY

Before 17:00

Instructions submitted before 17:00 will be effected with next business day value

After 17:00

Instructions submitted after 17:00 will be effected second business day value the latest

AUD, JPY

Before 17:00

Instructions submitted before 17:00 will be effected with second business day value

After 17:00

Instructions submitted after 17:00 will be effected third business day value the latest

International payments

USD

Before 17:00

Instructions submitted before 17:00 will be effected with same day value

After 17:00

Instructions submitted after 17:00 will be effected next business day value the latest

EUR

Before 14:00

Instructions submitted before 14:00 will be effected with same day value

After 14:00

Instructions submitted after 14:00 will be effected next business day value the latest

RUB

Before 13:00

Instructions submitted before 13:00 will be effected with same day value

After 13:00

Instructions submitted after 13:00 will be effected next day value the latest

GBP, CHF, AED, HKD, CAD, CNY

Before 17:00

Instructions submitted before 17:00 will be effected with next business day value

After 17:00

Instructions submitted after 17:00 will be effected second business day value the latest

AUD, JPY

Before 17:00

Instructions submitted before 17:00 will be effected with second business day value

After 17:00

Instructions submitted after 17:00 will be effected third business day value the latest

Transfers between accounts held at the Bank

All currencies

Before 17:00

Instructions submitted before 17:00 will be effected with same day value

After 17:00

Instructions submitted after 17:00 will be effected next business day value the latest

Important notes

  • Minimum commission for any foreign currency outward remittance made via branches - AMD 50,000.
  • Minimum commission for any foreign currency outward remittance via HSBCnet - AMD 6,000.
  • The bank is not liable for any refund, if payment has already been effected to the beneficiary.
  • Intermediary/beneficiary bank charges may be either at the expense of beneficiary or remitter, at customer's decision and with the prior consent of the bank.
  • It is Bank's responsibility to provide receipt to customer for each provided service.
  • Commissions if intermediary/beneficiary bank charges are paid by the remitter:

outward payments in USD to any bank located in the United States

AMD 5,000

outward payments in USD to any bank located outside the United States7

AMD 10,000

outward payments in other foreign currencies

AMD 5,0006

  • Commission for outward remittances in USD to any bank located outside the United States, where the remitter pays only the first intermediary bank charges and the beneficiary receives the amount after charges applied by other intermediary/beneficiary banks - AMD 5,000.

Requisites for wire transfers:

If you wish to receive a foreign currency transfer, you should have the correspondent bank details/requisites, depending on the currency of funds being transferred.

Bank details required for receiving transfers in foreign currencies

Call us on:

+374 (60) 655 200

Open hours 09:00-18:00