OREANDA-NEWS. February 07, 2011. Under the signed agreement pensioners are free to receive their pensions through ARARATBANK ArCa “Pension” payment card. This method of pension payment will enable pensioners to manage the funds on their accounts at their will:

Cash funds at any ARARATBANK 43 ATMs or 33 service points with no commission fee charged, reported the press-centre of ARARATBANK.

Make purchases in numerous shops and make non-cash payments for goods and services with plastic cards (with no commission fee charged). It should be noted that ARARATBANK cooperates with more than 100 shops, which provide discounts to ARARATBANK cardholders.

ArCa “Pension” payment card is a plastic card of ArCa system that is issued for pensioners free of charge with no annual maintenance fee

What is required to obtain ArCa “Pension” payment card and receive pension in non-cash form?

Visit ARARATBANK head office or any of its branches (passport and social security card required),

Conclude an agreement to get ArCa “Pension” payment card,

Visit territorial center of state social security service in your place of residence, submit the relevant application specifying the name of ARARATBANK and card account number.

In the framework of the abovementioned activities a pensioner must personally visit the Bank once a year or submit a notarized document testifying his/her well-being.