
The majority of transfers to Armenia come from Russia, and flow out to Switzerland, the UAE and the USA
ArmInfo. In Q1 2025, the net inflow of private transfers to Armenia decreased by 48.4% per annum (compared to a decline of 49.6% the previous year), totaling $143.6 million. Specifically, the inflow increased by 4.7% to $1.3 billion, while the outflow …