- Transfer commission fee may be 1.5-3.5%, depending on the country of transfer,
Money transfers to or from persons under the age of 18 shall not be performed by the requirements of the system.
Correction and cancellation of transfer data
The Bank is obliged to provide a document confirming the execution of each transfer, indicating the amount, currency, amount of commission paid and other details.
The Bank may require additional documents, clarifications, materials to find out the purpose and actual beneficiaries of the transaction by the procedure, specified by the RA Law “On Combatting Money Laundering and Terrorism Financing”, and may suspend operations or refuse to perform them, if in the opinion of the Bank, sufficient evidence, supporting the transactions are not presented.
According to Ria Money Transfer system rules, if the same person receives or sends more than 4,000 USD within 30 calendar days, the system may require a proof of source of money, as well as additional documents.
ATTENTION SECURITY RULES