How can I get paid from abroad in Yerevan?

A global payment account gives you account details in currencies such as USD, EUR or GBP, so clients and marketplaces can pay you locally in their country. You then convert to AMD and withdraw.

What does it cost to convert to AMD?

Costs are the conversion margin plus any withdrawal fee to your local bank in Armenia. Compare both, as they vary a lot between providers.

Who regulates international bank accounts & e-wallets in Yerevan?

Providers serving customers in Armenia fall under Central Bank of Armenia (CBA). Banks, credit organisations, payment and settlement organisations and electronic-money issuers serving Armenian customers must be licensed by the Central Bank of Armenia under the applicable laws on banks and payment systems. Check the CBA's public register before using a digital account provider.

Who uses global payment accounts in Yerevan?

Freelancers, remote workers, online sellers and small exporters in Yerevan use them to receive foreign income without opening bank accounts abroad.

Yerevan Digital Bank · International Bank Accounts & e-Wallets · Armenia

Best International Bank Accounts & e-Wallets in Yerevan

Compare international bank accounts & e-wallets providers available to Yerevan, Armenia residents — with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Armenia. Confirm the terms directly with each provider before opening an account.

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Check the regulator and any provider directly to confirm availability in Armenia before opening an account.

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International Bank Accounts & e-Wallets in Yerevan: what to know

Global payment accounts help people in Yerevan, Armenia get paid by clients, marketplaces and platforms in other countries, then convert the money into AMD (Armenian dram). They are popular with freelancers, online sellers and remote workers in Yerevan.

Currency in Armenia: AMD · Armenian dram
Regulator in Armenia: Central Bank of Armenia (CBA)(opens in a new tab)
Local accounts in Armenia: Armenia issues IBANs with the country code AM followed by 24 characters, a 26-character total that encodes the bank code and the account number, so domestic and cross-border transfers use the same structured identifier.
Payments in Armenia: The Central Bank of Armenia settles high-value payments in its RTGS, operates a 24/7 instant payment system for interbank retail transfers, the Arca card network handles domestic card switching, and IDram is the best-known licensed e-money wallet for person-to-person and bill payments.

Before you sign up in Yerevan

Check which currencies you can receive, the conversion fee to AMD (Armenian dram), and the withdrawal fee to a local account in Armenia.

Sources: Central Bank of Armenia · Arca: Armenian domestic card network · IDram: licensed e-money wallet

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Frequently Asked Questions

Common questions about international bank accounts & e-wallets in Yerevan

Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.