ArmSwissBank is proud to announce the launch of a new B2B payment solution in partnership with Visa, becoming the first bank in the Armenian market to offer this innovative service.
Visa B2B Connect is a cutting-edge payment network for business-to-business transactions between legal entities. By joining Visa B2B Connect, ArmSwissBank expands its ability to facilitate fast, secure, and efficient international transfers with member banks and other financial institutions across approximately 118 countries.
“We are excited to be the first in Armenia to bring this global solution to our business customers,” said Anzhela Barseghyan, Deputy CEO, Director of Trade Finance and Correspondent Relationship Department. “Visa B2B Connect allows our clients to benefit from simplified payment processes, secure and faster transactions, making it a valuable tool for businesses engaged in international operations.”
“At Visa, we are proud to launch the Visa B2B Connect in Armenia with our trusted partner, ArmSwissBank. This platform is transforming the way businesses move money across borders, offering speed, security, and transparency that are essential for effective financial operations. This is an important milestone for the country’s corporate sector, and we remain committed to driving innovation that empowers businesses to thrive,” said Diana Kiguradze, Visa Regional Manager for the Caucasus.
With this new service, ArmSwissBank strengthens its commitment to providing innovative financial solutions that support the evolving needs of Armenian businesses in an increasingly interconnected world.
About АrmSwissBank
ArmSwissBank CJSC is a leading investment and corporate bank in Armenia, offering a full range of banking services tailored to the needs of corporate clients, SMEs, and individual investors. The bank is recognized for its commitment to innovation, efficiency, and customer-centric solutions. Learn more at www.armswissbank.am.
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive.
We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at cis.visa.com.
About Visa B2B Connect
Visa B2B Connect is an innovative non-card-based multilateral platform delivering B2B cross-border payments that are predictable, secure and cost-effective for financial institutions and their corporate clients. Using a one-to-many connection, Visa B2B Connect helps reduce the number of correspondent transfers required to process a payment. This allows for more cost-effective cross-border transactions and provides both corporate finance institutions and their customers transparent view of the fees associated with each transaction, helping the companies to manage their cash flows. The Visa B2B Connect platform can also be used to send payments to out-of-network banks.
To learn more about Visa B2B Connect and how to join the platform, please visit www.visa.com/visab2bconnect
ArmSwissBank is supervised by the Central Bank of Armenia
