Armenia is a landlocked, mountainous country located in the South Caucasus region of Eurasia. Its capital, Yerevan, is one of the world’s oldest continuously inhabited cities. With a population of approximately 3.1 million, Armenia’s economy is transitioning toward a market-oriented model. The services and technology sectors are growing rapidly, though traditional industries remain strong. Key exports include copper, gold, diamonds, and high-quality spirits, while main industries focus on mining, diamond processing, and software development.
Money Transfer Locations
Western Union
Western Union operates through an extensive network of major banks across the country.
- Western Union Yerevan
- Western Union Gyumri
- Western Union Vanadzor
- Western Union Vagharshapat (Etchmiadzin)
- Western Union Hrazdan
- Western Union Abovyan
- Western Union Kapan
- Western Union Armavir
- Western Union Gavar
- Western Union Artashat
MoneyGram
MoneyGram services are available at numerous commercial bank branches and specialized payout points.
- MoneyGram Yerevan
- MoneyGram Gyumri
- MoneyGram Vanadzor
- MoneyGram Ararat
- MoneyGram Goris
- MoneyGram Dilijan
- MoneyGram Ijevan
- MoneyGram Ashtarak
Ria Money Transfer
Major Bank & Exchange Partners
Most international remittances in Armenia are claimed through these primary financial institutions:
Frequently Asked Questions
How can I send money to the Philippines from Armenia?
You can send money home to the Philippines from Armenia through licensed remittance providers such as Western Union, MoneyGram, Ria, Wise, Remitly, and PNB Remittance. Major Philippine banks (BDO, BPI, Metrobank, Landbank) accept inbound transfers via SWIFT and partner corridors, and digital wallets like GCash and Maya support direct cash-in from many providers in Armenia.
How long does a remittance from Armenia to the Philippines take?
Most digital transfers from Armenia to the Philippines arrive within minutes for cash pickup and 1–2 business days for bank deposit to BDO, BPI, Metrobank, Landbank and other Philippine banks. Bank-to-bank SWIFT wires can take 2–4 business days. Weekend transfers usually post on the next Philippine banking day.
What ID does my family in the Philippines need to receive the money?
Recipients in the Philippines must present a valid government-issued photo ID (PhilSys/National ID, passport, driver's licence, UMID, or PRC ID), the sender's full name in Armenia, the exact amount, and the reference/MTCN number. Some providers also require the recipient's mobile number for OTP verification.
Which providers offer the best exchange rate from Armenia to the Philippines?
Rates change daily, but Wise, Remitly, and Ria typically post mid-market or near-mid-market PHP rates from Armenia, while Western Union and MoneyGram trade rate for wider Philippine cash-pickup networks. Always compare the all-in cost (fee + FX margin) on each provider's quote before sending — savings of 2–4% are common on OFW corridors.
Is it safe to send remittances from Armenia to the Philippines in 2026?
Yes — sending money from Armenia to the Philippines is safe when you use a provider licensed in Armenia on the sending side and a BSP-registered receiving agent in the Philippines. Verify your recipient's full legal name as printed on their ID, share the reference number privately, and avoid social-media middlemen. Report any issues to your local financial regulator in Armenia and to the BSP Consumer Affairs Group for the Philippine end.