
Sigue Money Transfer
-
Comission1.3% - 3%
-
Currency
USD, EUR
-
Maximum limit
5 000 EUR/USD -
Maximum time
5-10 minutes
Sigue Money Transfer
Approved
by Decision No 399-Լ of the
Management Board of “IDBank” CJSC
as of September 19, 2019
Enters into force starting September 23, 2019
The terms mentioned in the bulletin can have be amended.
If you are looking at the bulletin on the website of the Bank, please pay attention to the action date of the bulletin.
If you are looking at the bulletin 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 bulletin), apply to any branch of the Bank or call the Bank’s Call center at 010 593333 or 060 273333.
Data to be provided by the initiator of money transfer |
· ID document* |
||
The Bank provides the receipt to the customer for each executed transfer |
|||
Data to be provided by the beneficiary of the money transfer ** |
|
||
* The list of ID documents is specified by decision N 767 of the RA Government as of December 22, 1999 ** The Bank can claim additional documents and information on the basis of “Know your Customer” principle for the purpose of due diligence to be conducted under the RA Law “On anti-money laundering and counter terrorism financing”. |
|||
Transfer currency |
USD, EUR |
||
Foreign currency exchange is available upon necessity at the rates applicable by the Bank as of the given date |
|||
Receipt currency |
USD, EUR |
||
Foreign currency exchange is available upon necessity at the rates applicable by the Bank as of the given date |
|||
Transfer speed |
5-10 minutes |
||
Maximum amount per transfer |
USD 5 000, EUR 5 000 |
||
|
The fee for money transfer made through Sigue Money Transfer system is 1.3-3% of the amount to be transferred, depending on the destination |
||
Amount to be transferred (USD/EUR) |
Fees (USD/EUR) |
||
0 - 100 |
3 |
||
101 - 200 |
6 |
||
201 - 300 |
10 |
||
301 - 400 |
14 |
||
401 - 500 |
18 |
||
501 - 750 |
25 |
||
751 - 1 250 |
30 |
||
1 251 - 1 750 |
40 |
||
1 751 - 2 250 |
55 |
||
2 251 - 2 750 |
75 |
||
2 751 - 3 000 |
85 |
||
3 001 - 5 000 |
95 |
||
· Transfers made through Sigue Money Transfer payment system are with no address, |
|||
Geography |
CIS countries, as well as other foreign countries, including: Austria, Belgium, Israel, China, Sweden, etc. |
||
Change of requisites of the transfer |
· Requisites are changed on the day of submitting application on change of requisites on the basis of written application and ID document from the service center from which the transfer was effected; with no commission.
· Change of requisites is executed in procedure established by the system. · Only unpaid transfers can be changed. |
||
Cancelling the transfer |
· Transfer can be cancelled on the day of application, without additional fees, on the basis of cancellation application and passport details, submitted by the sender on the same day when the transfer was effected; both the transferred amount and the commission are subject to return. Only unpaid transfers can be cancelled |
||
Callback |
· Calling back of the full amount is effected on the basis of callback request submitted by the customer in written form within one banking day or later · Return of the fee is effected by the system depending on the reason · Only unpaid transfers can be returned |
||
Expiration date of the transfer |
6 months |
||
Transfers through Sigue Money Transfer system can be made from any branch of “ID Bank” CJSC |
|||
Procedures (like reimbursement of loss), terms and the scope of responsibility applicable for the delay of payments or the transfer, non-fulfillment or partial fulfillment of payment obligations by the financial institution, as well as the terms for appealing payments and (or) transfers made by the consumer, the procedures applicable to appeal, and the manner and means of their application by the consumer, are available: https://www.idbank.am/content/handling-of-customer-complaints/ |
|||
Detailed information on the system is available: http://www.sigue.ru |
The Bank also offers other money transfer systems, such as Inteliexpress, Ria Money Transfer, Converse Transfer, Unistream, Moneytun, Telcell Transfer, MoneyGram
ATTENTION: THE BANK IS CONTROLLED BY THE RA CENTRAL BANK
-
ID document