How much does it cost to open a bank account in Armenia?

At OneBusiness, opening an account costs from 82,500 ֏ for an individual or a company, and 112,500 ֏ with a visit, excluding VAT. The bank's own services are paid at its tariffs.

How long does it take to open a bank account in Armenia?

We open bank accounts in 1 day. For a foreign legal entity it takes longer because of the bank's internal checks.

Do I need to be present in person to get an Armenian bank card?

Yes. A personal visit is required both for a personal account and for a company account.

Can I open an account in Armenia without registering a company?

A personal account is opened without a company. For a business account you first need to register an LLC or a sole proprietor.

In which currencies can I open an account in Armenia?

In euros, US dollars, Russian rubles and Armenian drams, for individuals and companies.

Are international transfers available from Armenian accounts?

Yes. With an account at an Armenian bank you can send and receive transfers in foreign currency and in rubles. We advise on fees and limits.

Do Armenian banks open accounts for foreign companies?

Yes, but the procedure is more complex: the bank may ask for additional documents and carry out internal checks, so it takes longer. We have experience opening accounts for representative offices and branches.

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Bank accounts · Yerevan

Opening a bank account in Armenia in 1 day

We open bank accounts and cards in Armenia for individuals, LLCs and sole proprietors from 82,500 ֏ plus bank tariffs, excluding VAT. We collect the documents and handle all communication with the bank.

Free consultation

See all prices

Bank account from

82,500 ֏

1 day · plus bank tariffs

Excluding VAT · prices as of 12 October 2026

✓ First consultation is free

✓ We reply to a request within 2 hours

✓ Accounts in EUR, USD, RUB and AMD

Opening a bank account in Armenia: prices

OneBusiness opens bank accounts and cards in Armenia for individuals and companies, including foreigners. We collect and translate the documents, choose a bank that fits your needs and handle communication with the bank. A personal visit to Armenia is required to receive the card.

Individual

Personal account, online · 112,500 ֏ with a visit

from 82,500 ֏

one-time

LLC or sole proprietor

Business account, online · 112,500 ֏ with a visit

from 82,500 ֏

one-time

Bank services

Account maintenance and transfers

bank tariffs

paid to the bank

Prices exclude VAT: 20% VAT is added to the invoice. For a foreign legal entity the process takes longer because of the bank's internal checks.
Prices are current as of 12 October 2026.