Chat with us, powered by IDBank
Transfers between IDBank and Fora Bank

Transfers
between IDBank and Fora Bank

Approved by
resolution N 260- L of the
Management Board of “IDBank” CJSC
as of July 16, 2020
Applied since July 21, 2020

The terms mentioned in the bulletin can have been changed.
If you are reading the bulletin on the website of the Bank, please pay attention to the action date of the information bulletin.
If you are reading the bulletin on the territory of the Bank or in a paper form, please visit the Bank’s website at www.idbank.am for detailed information (paying attention at the action date of the information bulletin), apply to any branch of the Bank or call the Bank’s Call center at 010 59 33 33 or 060 27 33 33.

INFORMATION BULLETIN ON

Replenishment of accounts/cards between current clients of IDBank and Fora-Bank

 

Information required from initiator of transfer *

· Identity document** · Account/card number of Fora-bank’s current client · amount · recipient’s first name, last name, patronymic name as mentioned in the passport · for RUR accounts in IDBank

Information required from recipient of transfer *

· identity document** · IDBank account number

* For the purpose of proper study of the client as defined by RA law on “Combating money laundering and terrorism financing” the Bank may require additional documents or information based on “Know Your Client” principle.

**The list of identity documents is defined by RA Government decision No 767 dated 22 December, 1999. In case of the information on the current document is available in the Bank the latter is not required.

Replenishment of accounts/cards between current clients of IDBank and Fora-Bank is performed:

 

· On online platforms of “idbanking.am” and “web.idram.am” systems · Through idram mobile application.

The Bank provides the client with a receipt confirming each transfer

Currency of transfer

Russian ruble

Currency to receive

 

According to the currency of the account or card mentioned in the transfer – AMD, USD, RUR, EUR

Foreign currency conversion can be performed if necessary based on the non-cash purchase exchange rate defined by the Bank for the given day

Transfer speed

Up to 5 minutes

Maximum transfer amount

· 300 000 RUR a day · 600 000 RUR a month

Tariffs charged from the sender

Equivalent of 0.65% of the transfer amount in AMD – minimum AMD 700, maximum AMD 7000***:

The commission fee can be charged from client’s AMD account in the Bank, moreover, conversion of foreign currency is performed at non-cash purchase exchange rate defined by the Bank for the given day.

Tariffs charged from the recipient

· 0.3% of the amount transferred is charged as a replenishment commission fee.

Foreign currency conversion can be performed if necessary based on the non-cash purchase exchange rate defined by the Bank for the given day.

Geography

· Replenishment of For a Bank’s current clients’ accounts/cards is performed only to the Russian Federation.

*** amount is equivalent to minimum RUR 100 and maximum RUR 1000 which can be modified according to the RUR exchange rate defined for the given day, moreover, the amount can as well be changed downward.

The procedure, terms and scope of responsibility applied in case of delay, failure to perform or partial performance of payment and (or) transfer by the financial institution (e.g. damage compensation), as well as the terms of appeal, procedure applied to the appeal and the procedure and means of application of the latter by the consumer related to payments and (or) transfers made by the consumer can be found at the following link: https://www.idbank.am/content/handling-of-customer-complaints/.

ATTENTION! THE BANK IS CONTROLLED BY THE RA CENTRAL BANK

The page was updated 07.08.2020 12:05
Attention: The Bank does not bear any responsibility for the inaccuracy of information on the linked web sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites. In case of any discrepancies in the website materials in Armenian, Russian and English languages, the Armenian version is prevailing.