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ArmeniaRemote and in person

A personal bank account in Armenia

A personal account with an Armenian bank, with a card and internet banking. Opened with your passport; a residence permit is not required.

Price from
$60
Timeline
1–2 weeks
Tax
Format
Remote and in person

What the service includes

Scope: a tick means included in the price, a cross means billed separately
Social card
Multi-currency account
Visa/Mastercard card
Residence permit— billed separately

What we need from you

  • 1A passport
  • 2A social card or a power of attorney

Bank account opening in Armenia: comparison

The difference is not the price — it is who each option suits. The “Best for” column is the business profile the option is built around.

OptionBest forTimelinePrice from
A personal bank account in Armeniayou are hereRemote work, payment platforms, stripe1–2 weeks$60
A Payoneer account for a sole trader in ArmeniaFreelancers, IT specialists, creators, developers1–3 days$100
An Armenian bank cardPaying for subscriptions and services, shopping online abroad1–3 weeks$380
Upwork payouts through a sole trader and residency in ArmeniaFreelancers from Russia on Upwork with no jurisdiction outside the country, specialists with an existing account who fear a block over a Russian IP, newcomers registering on Upwork under a non-sanctioned country, freelance agencies that need a safe channel for payouts2–5 dayson request

Ready to start?

Send an enquiry — we will check your case and help you arrange “A personal bank account in Armenia” in Armenia. No markup on top.