Receiving country · World Bank RPW · AM
Send money to Armenia
Inbound average cost sits in the lower fleet tercile at 4.5% across 2 source corridors - a cheaper receive market than most RPW peers.
- 4.5%
- Avg inbound cost
- 1.3%
- Cheapest · from Russia
- $1.4B
- Received per year
- 2
- Source corridors
Inbound-cost tercile vs fleet
Armenia posts a 4.5% average inbound cost, below the fleet lower tercile (~5.3%) - across 2 source corridors. Cheapest tracked floor: 1.3% from Russia.
- #38 of 53
- WDI inflow corpus rank
- 4.5%
- average inbound cost
- 1.3%
- cheapest source: Russia
- $1.4B
- received annually
Inbound cost bands to Armenia
2 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 2.
NEAR Near-target 3–5% lane · country average 4.5%
Cheapest Ways to Send Money to Armenia
All Corridors to Armenia
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | Russia | 1.8% | 1.3% | Unistream |
| 2 | United States | 7.1% | 4.5% | Remitly |
Low inbound cost into Armenia
World Bank RPW tracks 2 inbound corridors into Armenia at an average 4.46% - below the fleet lower tercile (~5.3%). That places Armenia among cheaper receive markets on the panel, 1.9 pp under the ~6.4% global average.
The three cheapest inbound corridors to Armenia right now are from Russia at 1.30% via Unistream, United States at 4.50% via Remitly. These are floor prices on a $200 transfer into Armenia, fee plus FX margin.
For senders pointing money toward Armenia, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Armenia inbound data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This country's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 4.46%; 2 source corridors tracked to Armenia; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Armenia each year?
Armenia receives about $1.4B a year - lower inflow tercile - from 2 RPW source countries at 4.46% average inbound cost.
What is the cheapest way to receive money in Armenia?
On World Bank RPW $200 sends, the cheapest inbound floors into Armenia are from Russia, United States, as low as 1.30%. Country average inbound cost is 4.46% (lower fleet tercile).
How have remittance costs to Armenia changed over time?
Armenia's current average inbound cost is 4.46%, below the fleet lower tercile (~5.3%) and 1.9 pp under the ~6.4% global RPW average. RPW has tracked this receive market since 2011.
Where does Armenia sit among remittance-receiving countries?
According to World Bank WDI remittance inflows among 53 tracked receiving countries on PlainRemit, Armenia ranks #38 of 53 by annual dollars received. /send-to browses alphabetically; this inflow ordinal matches the largest-receivers research ranking.