Acba Bank and Bank of New York Mellon launch partnership

YEREVAN, April 21. /ARKA/. Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.

The partnership between Acba Bank and BNY Mellon creates additional opportunities for service delivery, import, and export transactions, especially for corporate clients. As a result, clients can now make money transfers in US dollars for a wider range of goods and/or services.

At the same time, individual clients also gain broader opportunities for making transfers in US dollars.

As part of this partnership, clients can now make international money transfers in US dollars through Acba Bank for the purchase of vehicles, electrical equipment (computers, processors, monitors, mobile phones, etc.), timber, and petroleum products.

Through its partnership with BNY Mellon, Acba Bank will facilitate the development of companies in Armenia, particularly those involved in exports and imports. This collaboration will also stimulate the expansion of businesses operating in Armenia and improve their efficiency in international markets.

As part of the partnership with BNY Mellon, clients can make money transfers both through acba digital and through any bank branch.

The bank is supervised by the Central Bank of Armenia.-0-