Central Bank of Armenia
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Statistics Department
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| Table: |
Total money transfers of individuals sent to and received from abroad through commercial banks of RA by currencies |
| Source: |
Central Bank of RA |
| Currency: |
US dollars |
| Unit: |
Thousand |
| Periodicity: |
Monthly |
| Timeliness: |
On the last working day of the next month following the reporting period |
| Contact email address: |
externalaccounts@cba.am |
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| Concepts and definitions: |
Transfers received from abroad on behalf of individuals through RA banks and sent abroad by individuals from RA are compiled from 24 reporting forms "report on transfers of funds" collected from commercial banks. Transfers carried out for non-commercial purposes on behalf of individuals are categorized as follows:
a. gratuitous financial funds received from abroad (transferred abroad) in the client's name, the purpose of which is to meet current needs, in particular, current financial aid and donations (excluding financial aid received/transferred for real estate purchase, income received from the sale of real estate and from the implementation of construction works and investments), allowances, pensions and other comparable benefits. |
| Scope and classifications: |
This table comprises total money transfers, regardless of nature, sent to and received from abroad through commercial banks of RA by individuals (including IEs). Data includes only money transfers made through money transfer organizations. Net inflow in the table equals to the difference between inflow and outflow. |
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Revision:
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The data are subject to revision by the reporting entities in case of data rectification |
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Notes:
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