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Bank Account

Personal and corporate bank accounts in Armenia — we prepare your file and go to the bank with you.

Bank account

Open your Armenian bank account without the stress

Armenian banks have their own requirements for foreigners. Migrate Armenia prepares your documents, books the appointment and accompanies you to the branch — for personal accounts and for your company.

  • Personal& corporate accounts
  • Multi-currencyAMD, USD & EUR accounts
  • CardsDebit cards & online banking
  • With youWe accompany you to the bank
Account types

Which account do you need?

Most clients open a personal account first and a corporate account right after company registration.

01ACCOUNTIndividuals

Personal account

For your salary, rent and everyday spending in Armenia, with a debit card and mobile banking.

Open a personal account
02ACCOUNTCompanies

Corporate account

For your Armenian LLC: receive payments, pay taxes and salaries, and use business online banking.

Open a corporate account
03ACCOUNTEveryday banking

Cards & online banking

Debit cards, mobile app, transfers and online payments — set up correctly from day one.

Ask us
Why us

Why open your account with our help

We know what each bank asks foreigners for — so you do not waste visits.

Right bank for you

We recommend a bank that fits your nationality, currency and business.

Documents ready

We prepare and translate everything the bank asks for in advance.

Appointment booked

We arrange the visit so you do not wait in queues.

We come with you

A team member accompanies you and helps with the conversation.

Corporate setup

Account opening right after your company registration.

Online banking

We help you activate cards, the mobile app and transfers.

Our service

What is included

Everything you need to start using your account.

  • Choosing the right bank and account type
  • Personal checklist of the bank’s requirements
  • Translation and preparation of your documents
  • Booking the appointment at the branch
  • Accompanying you to the bank
  • Corporate account for your Armenian company
  • Help with cards, mobile app and online banking
Step by step

How we open your account

Usually a short process once your documents are ready.

  1. Consultation

    We check your situation and choose the right bank and account.

  2. Documents

    We prepare, translate and check every document the bank needs.

  3. Appointment

    We book the visit at a branch that works with foreigners.

  4. Bank visit

    We go with you, help you sign and answer the bank’s questions.

  5. Cards & app

    You receive your account details, card and online banking access.

Checklist

Documents banks usually ask for

Requirements differ between banks — we send you the exact list for your case.

  1. Passport

    Your valid passport (with a notarised translation if the bank asks for it).

  2. Address in Armenia

    A rental agreement or other proof of your address.

  3. Public service number

    Some banks ask for your Armenian social card number.

  4. Source of funds

    Information about your income or business activity.

  5. Company documents

    For corporate accounts: registration certificate, charter and TIN.

  6. Director’s decision

    For corporate accounts: appointment of the director and signatories.

For entrepreneurs

Register your company and open its account in one go

We register your Armenian LLC and then open its corporate bank account — one team, one timeline, no back-and-forth.

Company registration
FAQ

Bank account questions

What foreigners usually ask before opening an account in Armenia.

Ask your own question
Can a foreigner open a bank account in Armenia?

Yes. Foreigners can open personal accounts, and Armenian companies owned by foreigners can open corporate accounts. Each bank has its own requirements.

Do I need a residence permit first?

Not always. Some banks open accounts with a passport and an address in Armenia; others ask for more. We choose a bank that fits your situation.

Do I have to visit the bank in person?

In most cases yes, at least once to sign and verify your identity. We book the visit and come with you.

Which currencies can I hold?

Armenian banks usually offer accounts in AMD, USD and EUR, and often other currencies.

Can my company get an account right after registration?

Yes. Once your LLC is registered and has a TIN, we prepare the corporate documents and open the account.

Will I get a card and online banking?

Yes. Debit cards and mobile or online banking are standard; we help you activate them.

Each bank decides independently on opening an account. Requirements and timelines may change — we confirm everything for your case during the free consultation.

Ready to open your account in Armenia?

Send us a short message — we tell you which bank fits you and what to prepare.

Send us a message

Tell us about your plans. The first consultation is free and we usually reply within one working day.

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