Sending Money to Armenia

Most people send money to Armenia from foreign shores for various reasons.

No matter what the reason, or the amount of Armenian Dram being transferred, you are required to select a suitable method of money transfers to Armenia.

Types of Money Transfer

Sending Money to Armenia

Ways for Sending Money to Armenia

The Dram is the name of the money used in Armenia. The most popular Armenia Dram exchange rate is the AMD to EUR rate. Below, you will find Armenian Dram rates to all the major currencies world wide and a currency exchange converter. While someone might send money to Armenia for a family member who lives or works there, someone else may transfer Armenian Dram for a cross-border business related payment.

When sending money to Armenia from a foreign country, you get to choose from different money transfer methods. These may vary depending on where you live and the money transfer service provider you select.

Cash transfer: If you do not wish to part with your bank account details, or if you are in a hurry to send the money to Armenia, you may consider using the services of companies that operate out of physical locations or have agent networks. Some of your options include WorldRemit, Azimo, Ria, Western Union, and MoneyGram.

Electronic Money Transfers: This method gives you easy means to send international payments directly into someone’s bank account. While several banks carry out international money transfers, you might be better off turning to a specialist money transfer company. Some of the money transfer companies who specialize in electronic money transfers include TransferWise, WorldFirst, OFX, TorFX, HiFX, and CurrencyFair.

Bank Money Drafts: You may send money through international bank drafts. However, while this is a secure medium to send money, it can take weeks before the person you are sending the money to get access to the transferred money. The main benefit of this method is you do not have to provide the receiver your bank account details.

Sending Money with Email Address: Another way to send money to Armenia without using the receiver’s bank account details is to use the services of companies that let you send money to Armenia using no more than receiver’s email address. The money you send sits in an online account with the service provider you select, and you may transfer it to your local bank account as and when you like. PayPal offers this service, as does TransferWise.

What is the exchange rate for Dram to Canadian Dollar?

Exchange rates for foreign currencies are always changing and in most cases by the minute.

It’s important to ask for the the latest currency exchange rate for Canadian Dollar to Armenian Dram before buying the Dram you require for your next trip at Canadian Dollar to Dram Exchange Rate Today.

What is the exchange rate for Dram to South African Rand?

Exchange rates for foreign currencies are always changing and in most cases by the minute.

It’s wise to check the current currency exchange rate for South African Rand to Armenian Dram before purchasing the Dram you need for your up coming trip from South African Rand to Dram Exchange Rate Today.