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YEREVAN, OCTOBER 21, ARMENPRESS. AraratBank announces the launch of the UBPAY system, enabling customers to send and receive money between the Russian Federation and the Republic of Armenia.
The UBPAY system offers the following key features:
SEND
Currency: Russian Ruble
Monthly maximum limit: AMD 20,000,000 or RUB 5,000,000
Maximum amount per transfer: AMD 5,000,000 or RUB 500,000
Minimum amount per transfer: AMD 1,000 AMD or RUB 100
RECEIVE
Currencies: USD, EUR, AMD, and RUB
Monthly maximum limit: AMD 20,000,000 or RUB 5, 000,000
Customers can utilize the UBPAY service at all branches of AraratBank.