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Vardenis ridge is located in the Armenian Highland. It joins perpendicularly to Geghama range, then surrounds lake Sevan from South-Eastern side. Highest point - Mount Vardenis 3522 m.

Financial services Money transfer
FORSAGE Express Money Transfers

FORSAGE Express Money Transfers

“HayPost” CJSC carries out express postal money transfers by FORSAGE system. Express postal money transfers are carried out by FORSAGE system between the designated postal operators of the Republic Armenia and the Russian Federation.


The express postal money transfers through FORSAGE system (hereinafter: money transfers) are made between individuals.

The transfers made through FORSAGE money transfer system are available in 1 hour.


The maximal limit of a transaction through FORSAGE system is 150 000 Russian rubles or the equivalent amount in AMD.


The acceptance and payment of FORSAGE money transfers in the Republic of Armenia is carried out in Russian rubles or, upon the client’s request, in Armenian drams.

The acceptance and payment of FORSAGE money transfers in the Russian Federation is carried out in Russian rubles.


Tariffs of money transfers accepted by FORSAGE system:


The tariff of money transfers accepted by FORSAGE system in the Republic of Armenia makes 1.8%, minimal amount in Armenian drams: 2000 AMD, in Russian rubles:149 rubles.


Commission is charged from sender only, in the Republic of Armenia only in Armenian drams.


The transfer is kept in the system for a month. If the deadline is expired, if the recipient does not come to take the amount or if the recipient refuses to take the amount, the transferred money is being returned to the sender, except the commission.


How to send?

- Visit the nearest Post Office;

- Submit an identity document (passport, ID card, military service book for people implementing provisional compulsory military service);

- Inform the employee of the Post Office the recipient’s name, surname, postal address and the transferred amount;

- The employee of the Post Office will fill out the transfer application;

- Pay the transferred amount and the commission;

- The employee of the Post Office will provide a transfer number (code);

- Inform the recipient on the amount and the transfer number (code).


How to receive?

- Visit the nearest Post Office;

- Submit an identity document (passport, ID card, military service book for people implementing provisional compulsory military service);

- Submit the transfer number (code) to the Post Office employee and take the amount (no commission is charged when paying the amount).

Money transfers shall be paid solely to the recipients mentioned on the transfer or to the authorized representative, on the basis of a power of attorney ratified by notary. Any power of attorney issued in another state shall be ratified by apostle, unless anything else is envisaged by the international agreements of the Republic of Armenia.

Modification of transfer requisites:


The money transfer may be modified only in case the transfer is not paid yet.

Only the recipient’s requisites may be modified.

During a money transfer “HayPost” CJSC shall provide the client with a document confirming each transfer, which will contain the transferred amount, the commission, the currency and other details.

The service points of the system in the Republic of Armenia are the Post Offices of “Haypost” CJSC, in the Russian Federation the Post Offices of “Russian Post” FSUE: please find the complete list athttp://www.russianpost.ru/rp/servise/ru/home/finuslug/forsage .

Forsage money transfer service is carried out by means of Sigue Money Transfer՚ foreign payment and settlement system, the member of which is “Haypost” CJSC.

For more information about the System’s service points, the express postal money transfers through the system or other details concerning the postal express money transfers by this system please call the following phone numbers: (+37410) 514 526, (+374 10) 514 796.