Social accounts for the maintenance of pensions and regular cash sums provided under other social security programs

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Home / Services / Social accounts for the maintenance of pensions and regular cash sums provided under other social security programs

Within the framework of agreements concluded with the Social Security Service of the Ministry of Labor and Social Affairs of the Republic of Armenia, “ARMBUSINESSBANK” CJSC opens and maintains Social accounts for the maintenance of pensions and regular cash sums provided under other social security programs.

Beneficiary clients can receive the following regular payments specified under para. 3 of RA Government decision No. 284-N dated 12.03.20 at any branch of “ARMBUSINESSBANK” CJSC:

Family allowance and social allowance stipulated under the Republic of Armenia law “On State Benefits”.
The allowance for a child care under 2 years of age, the unpaid amount of the allowance stipulated under the Republic of Armenia law “On State Benefits”.
The amount of old-age allowance, invalidity allowance and survivor benefit, the unpaid amount of such allowances stipulated under the Republic of Armenia law “On State Benefits”.
The amount of pension, outstanding amount of pension due stipulated under the Republic of Armenia law “On State Pensions”.
The amount of pension, the outstanding amount of pension due established by the Republic of Armenia law “On Ensuring, Maintaining the Activity and Social Guarantees of Officials”.
The amount of the premium, the outstanding amount of the premium due stipulated under the Republic of Armenia law “On Military Service and Status of Military Staff”.
The amount of honorary funds, the outstanding amount of honorary funds due established by the Republic of Armenia law "On Veterans of the Great Patriotic War".
The amount of compensation for damage caused as a result of injury, occupational disease or other damage to health associated with the performance of official duties of employees.

Opening of Social (bank/card) accounts and cashing out of funds from accounts for the above stated regular payments is free of charge.

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List of documents to open an account for individuals-residents and non-residents of Armenia

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Social account newsletter 29-10-2020

Updated on 22.09.2023, 15:54

In case of any inconsistency between the information published in Russian and English, you need to be guided by Armenian version.
“ARMBUSINESSBANK” CJSC is not liable for the accuracy of the content of any linked websites, as well as for the advertisements and possible consequences resulted from the use of information provided on the linked websites by the third parties.
Neither is "ARMBUSINESSBANK" CJSC liable for the accuracy of the content of information linked on the websites of third parties about the terms and fee schedule for the services rendered by the Bank.

Official page address of "ARMBUSINESSBANK" CJSC on Facebook: https://www.facebook.com/armbusinessbankofficial
Official page address of "ARMBUSINESSBANK" CJSC on Instagram: https://www.instagram.com/armbusinessbank_official
www.armbusinessbank.am

The Bank is controlled by the Central Bank of Armenia