A new digital service for currency exchange has been introduced, offering users a streamlined and efficient way to trade foreign currencies. The platform, named Rate.Trading, is designed to provide competitive exchange rates through a fully digital process.
Users can conduct transactions in nine major currencies: the Armenian dram (AMD), US dollar (USD), euro (EUR), Russian ruble (RUB), UAE dirham (AED), British pound (GBP), Chinese yuan (CNY), Japanese yen (JPY), and Swiss franc (CHF). The service is integrated with existing banking infrastructure, allowing customers to open specialized trading accounts linked to their main bank profile.
The platform emphasizes ease of use, with a straightforward interface and automated account setup for eligible users. A service fee of 0.1% per transaction will apply through the end of 2025.
This initiative aims to meet the needs of individuals and businesses looking for efficient currency conversion tools while prioritizing security and convenience.