ArmSwissBank: Armenian brokerage, custody and bank-account boundaries

ArmSwissBank is an Armenian bank offering brokerage and custody alongside banking. The relevant counterparty is ArmSwissBank CJSC in Yerevan, not a Swiss-licensed branch inferred from its name. The Central Bank of Armenia’s current register matches banking licence 84, issued on 25 February 2005.[1]

The individual account page requests identification, signature verification, applicable authority documents and a FATCA declaration. Some English headings incorrectly say corporate; use the individual agreement and controlling Armenian text to resolve the document requirements.[3]

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The individual investment-services description distinguishes the current account holding money from the securities account holding investments. Its reference to deposit protection must be read for eligible bank money, not as a blanket guarantee of everything bought through the bank.[5]

These examples come from a corporate-navigation securities page last marked updated in May 2025. Private customers must match their offered tariff; this is not a newly effective October 2026 retail schedule.[4]

Third-party charges are additional. Trading-terminal access is contract-priced. The accessible custody page links separate domestic and foreign tariff documents; complete outgoing-transfer, recurring-custody and closure costs were not established from those documents in this review. No zero-cost assumption is used.[4][6]

The operating description accepts paper, agreed electronic and trading-system instructions, with a transaction report by the next business day. It does not establish identical terminal access or order permissions for every private account.[4]

For a desk-mediated arrangement, the written order, its acknowledgement and the eventual execution report are distinct records. An instruction sent to a general contact address is not proof that a dealing desk accepted it. The inspected private materials do not specify a guaranteed outage-execution route or a universal cancellation deadline.

Cross-currency payments use the bank’s daily rates. The account page separately charges for specified older USD 100 notes; that cash-handling rule is not a charge on electronic dollar funding or foreign securities.[3]

The reviewed material does not provide a complete, private-client-specific transfer timetable for all foreign holdings. Nor does it establish a single inactivity trigger applicable to bank accounts, custody and trading access. Those gaps are not treated as evidence that a service is free or unrestricted.

The bank describes segregated custody, nominee holding, rights registration and account information, and identifies itself as an account operator in Armenia’s central-depository infrastructure. These arrangements concern recording and returning assets; they do not guarantee their price or the solvency of an issuer.[6]

The Deposit Guarantee Fund covers eligible individuals, including individual entrepreneurs. This is deposit reimbursement if a member bank fails; securities-market losses and the bank’s unallocated-metal accounts are not treated here as protected deposits.[9][3]

The three-day information deadline is not the complaint-response deadline. Likewise, the ability to submit an online message at any time is not a promise that customer service or a dealing desk operates around the clock.[7]

The bank’s own details identify a closed joint-stock company registered in Armenia in 2004, at the same Yerevan address matched by the regulator. This profile concerns its Armenian contracting relationship and associated securities services, not an overseas group-wide account.[2][1]

Headquarters

Yerevan, Armenia