Published: 08.07.2026
In 2026, a number of Armenian banks continue to offer Russian citizens multicurrency accounts, Visa and Mastercard cards, and SWIFT transfers. However, the choice of banks serving non-residents is limited; one source cites an outgoing transfer limit of up to AMD 2,000,000 per day and a fee of about AMD 5,000.
According to the sources, banking access for Russian citizens in Armenia remains available, but it is not universal: non-residents need to choose a bank that accepts their applications and supports the required services. This preserves access to Armenian accounts for international payments, while transfer limits and fees affect larger transactions. The development is most relevant to Russians planning to live in Armenia without local citizenship or residence status and relying on banking services for daily expenses or foreign income. It is worth checking for anyone who needs SWIFT, a multicurrency account, or an international card, but the terms of the specific bank remain important.