Familiarise yourself with foreign currency exchange daily rates
| Account holders | Non account holders | |
|---|---|---|
| Maximum amount of foreign currency exchange per day | No limitations | AMD 400,000 |
| The list of required identification documents | No requirement of identification document1
|
According to the RA Government Resolution N 767 dated 22.12.1999 "On Identification documents". |
| Foreign currency exchange fee | Free of charge | Free of charge |
| Exchange fee of mutilated / out of circulation foreign currency banknotes, if all necessary distinctive characteristics and parts are available | 5%2 | 5%2 |
| Maximum amount of foreign currency exchange per day | |
| Account holders | No limitations |
| Non account holders | AMD 400,000 |
| The list of required identification documents | |
| Account holders |
No requirement of identification document1
|
| Non account holders |
According to the RA Government Resolution N 767 dated 22.12.1999 "On Identification documents". |
| Foreign currency exchange fee | |
| Account holders | Free of charge |
| Non account holders | Free of charge |
| Exchange fee of mutilated / out of circulation foreign currency banknotes, if all necessary distinctive characteristics and parts are available | |
| Account holders | 5%2 |
| Non account holders |
5%2 |
Important notice on transactions
“HSBC Bank Armenia” CJSC (hereinafter the Bank), acknowledging the importance of international obligations of HSBC Group and Republic of Armenia in scope of combating money laundering and terrorism financing, as well as compliance with the requirements of the RA Law on Combating Money Laundering and Terrorism Financing, has established internal processes and procedures which are aimed at collection of information and documents related to performed transactions for the purpose of establishing the source of funds and purpose of the transaction.
For this purpose, the Bank may request to provide additional information on the source of funds and purpose of transactions, as well as request additional documents evidencing source of funds and transaction purpose where necessary.
In case if the above mentioned information and documents are not provided, the Bank has the right to reject the transaction.
The Bank's and the customer's rights and obligations in scope of the preventing financial crime and money laundering are regulated by the Bank's "General Terms and Conditions for the Operation of Customer Bank Accounts, Bank Deposits, Electronic Banking and Other Banking Services" (hereinafter- the General Terms and Conditions), Clause 1.17. of General Provisions section, as well as Appendix 1 of the General Terms and Conditions - Collections and Use of Customer Information (Financial Crime Risk Management and Tax Compliance).
Placing utmost importance on the security of customer service and prevention of financial crime, the Bank expects your cooperation for timely provision of the requested information and documents when making transactions.
1 If valid identification document is held by the Bank.
2 Exchange fee will be charged at the Central Bank's exchange rate.