Amendments to Central Bank of Armenia Board Resolution No. 143-N Dated September 28, 2021

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Introducing Changes and Additions to the Republic of Armenia Central Bank Board Resolution No. 143-N, dated September 28, 2021

2025-03-11

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA

BOARD RESOLUTION

March 11,2025; No.30-N

Introducing Changes and Additions to the Republic of Armenia Central Bank Board Resolution No. 143-N, dated September 28, 2021

Publication date` 26.03.2025

For the purpose of ensuring the efficiency in the process of verification of the validity and ownership of a bank account through the Centralized Registry of Bank Accounts of the Central Bank of the Republic of Armenia; In view of Article 35.1 (3) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; Pursuant to Article 2 (3) and Article 20 (“e”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 33 and Article 34 of the Republic of Armenia Law “On Normative Legal Acts”, the Board of the Central Bank of the Republic of Armenia

E n a c t s:

1. Introduce the following changes and additions to the “Procedure for Maintaining a Centralized Registry of Bank Accounts; List of Information to be Included; Method and Timeframe for Providing Information and/or Reports” (hereinafter referred to as the “Procedure”) as established under the Republic of Armenia Central Bank Board Resolution No. 143-N, dated September 28, 2021, on “Determining the Procedure for Maintaining a Centralized Registry of Bank Accounts; List of Information to be Included; Method and Timeframe for Providing Information and/or Reports” (hereinafter referred to as the “Resolution”);

1) Replace the abbreviation “RA” with the words “Republic of Armenia” and make sure these fall in corresponding suffixes (according to the Armenian grammar);

2) Rewrite point 5 as follows:

“5. The Registry shall include the following information on bank accounts and safe deposit boxes as provided for in Article 35.1 (2) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”:

1) name of the bank, its legal form, the License number,

2) data on the customer and, if available, the authorized person,

3) account number,

4) account status (actually open or actually closed),

5) date (year, month, day) of change in account status,

6) date (year, month, day) of account opening,

7) date (year, month, day) of account closing,

8) date (year, month, day) of account holder data update,

9) bank safe deposit box number,

10) date (year, month, day) of depositor data update,

11) date (year, month, day) of providing a bank safe-deposit box,

12) date (year, month, day) of termination of use of the bank safe-deposit box;

3) Remove the abbreviation “RA” from point 6 and point 8 (subpoints 4 and 5);

4) In point 8 (subpoint 1), after the word “during” add the words “and in case of the accounts opened for the purpose of issuing gift cards, as well as for lump-sum payments and social security accounts, within three (3) business days following the customer identification or bank account closing date”;

5) In point 8 (subpoint 6), before the words “actually open” add the words “natural person”;

6) In point 8 (subpoint 7), before the words “actually closed,” add the words “natural person”;

7) Rewrite point 12 as follows:

“12. If the report is to be submitted via the “Web-service entry” option, the report verification shall be carried out in two stages: initial and final. The results of the initial verification shall be reported to the bank with a response message about the error or the successful completion of the initial verification. If the initial verification is successful, the report shall proceed to the final verification stage.”;

8) Supplement the Procedure with the following content as points 12.1, 12.2 and 12.3:

“12.1. In case there is an error in the report during the final verification, the report will get the status “Rejected”.

12.2. The report submitted in the manner established under point 7 of this Procedure is deemed submitted if the report gets the status “Completed” as a result of the final verification in the Online system available at the link: https://registry.fmc.am. If the corrected version of the report with the status “Rejected” as a result of the final verification is submitted within one (1) business day, the submission of the given report shall not be considered overdue.

12.3. The result of the final verification of the report is also available to the bank by making a relevant inquiry to the Web-service on the final status of the report.”;

9) In point 14, the words “To the person providing the report” shall be replaced with the word “To the bank”;

2. Make the following additions and changes to the form “Provision of information and/or reports” (hereinafter referred to as the Form) as determined under the resolution:

3. The reports with the information specified in point 41 of the Form filled out in accordance with paragraph 2 (17) of this resolution shall also be submitted for bank accounts and safe deposit boxes opened before the entry of this decision into force, for which no report on a bank account closing or termination of the use of a bank safe deposit box has been submitted.

4. This resolution to enter into force on the tenth (10th) day following its official publication, except for the provisions set forth in paragraph 2 (16) as well as paragraph 3 of this resolution, which shall enter into force on the sixtieth (60th) day following its official publication.

Martin Galstyan Governor,

Central Bank of the Republic of Armenia

Yerevan

.

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1) In the “Name” column of point 1, the word “type” shall be replaced with the word “subject”;

2) In point 1, the first sentence of the column “How to fill out” shall be worded as follows:
“The form of the report on a bank account, safe deposit box, closed account or a safe deposit box with a suspended use shall be selected.”;

3) In the columns “Name” and “How to fill out” of points 13, 14, 20, as well as in the column “How to fill out” of point 17, replace the word “transaction” and all its falls in corresponding suffixes (according to the Armenian grammar);

4) In the “How to fill out” column of point 14, after the words “fields 30-32”, add the expression “, and in the case of joint accounts, the fields about “Client” shall be filled out on a per-person basis”;

5) In points 18 and 19, remove the abbreviation “RA” from the column “How to fill out”;

6) In the “Name” column of point 21, and in the “Name” and “How to fill out” columns of points 22 and 23, and in the “How to fill out” columns of points 28 and 30-35, replace the words “transaction party” and all their falls in corresponding suffixes (according to the Armenian grammar) with the words “account holder or depositor” and all their falls in corresponding suffixes (according to the Armenian grammar);

7) In point 21, in the column “How to fill out” replace the words ““Customer” transaction party” with the words ““Information on the “Customer”, and the words ““Authorized person” transaction party” with the words ““Information on the “Authorized person”;

8) In point 23, in the column “How to fill out” add a new sentence with the following content:
“When submitting a report about accounts or safe deposit boxes owned by customers being a notary office, the option “Individual entrepreneur” from the list in Table 8 of this appendix needs to be selected.”;

9) In points 28, and 32-35, remove the word “only” from the “How to fill out” column;

10) In the “How to fill out” column of point 29, after the word “citizenship” add the words “or the circumstance on the lack of citizenship”;

11) In the “How to fill out” column of point 30, after the words “is a citizen” add the words “, except for accounts opened for citizens of the Republic of Armenia before August 3, 2013. If, in the case of accounts opened for citizens of the Republic of Armenia before August 3, 2013, the public service number is not available or, regardless of the account opening date, only the number of the reference on the lack of the public service number is available, points 25-26, 28, 31-35 must be filled out, and in the case of an individual entrepreneur, points 38-39 must be filled out, too. In point 31, in case of selecting “Military Booklet” as an identity document, point 27 needs to be filled out.”;

12) In the “How to fill out” column of point 31, add the following content:
“The document confirming the identity of a natural person or individual entrepreneur shall be filled out by selecting from the list in Table 5 of this appendix. This must be filled out if the account holder or depositor is a foreign citizen.”;

13) In points 34 and 35, remove the word “mandatory” from the “How to fill out” column;

14) In the “How to fill out” column of point 38, add a new sentence with the following content:
“When submitting a report about accounts or safe deposit boxes owned by customers being a notary office, “NO DATA” needs to be filled out.”;

15) In point 39, remove the (*) sign from the “Point” column;

16) In the “How to fill out” column of point 39, add a new sentence with the following content:
“This must be filled out in the case of an individual entrepreneur and a legal entity registered in the Republic of Armenia.”;

17) Add a new point (point 41) with the following content:

41*	country	text	2	To be filled out for the country of incorporation of the legal entity or the location of central/local government by selecting from the list in Table 3 of this appendix.	country

18) After the words “available conditions”, add the words “as well as possessing the relevant information of the bank”;

19) Rewrite the “Table 1: Transaction Type” in a new edition, as follows:

Table 1: Report type
Account opening	1
Account closing	2
Account holder data updating	3
Providing a safe deposit box	4
Suspending/terminating the use of a safe deposit box	5
Depositor data updating	6
Account closed	7
Safe deposit with a discontinued use	8
Account data correction	9
Safe deposit data correction	10
Account status change	11

20) Rewrite the “Table 4: Identification document types” in a new edition, as follows:

Table 4: Identification document types
Passport	AND
Military Booklet	ZIG
Personal identity document issued, on a temporary basis, by the Republic of Armenia Police, or a temporary certificate	JTP
Birth certificate	CVK
Identification card	NID
Asylum applicant’s identity certificate	PVK
Convention travel document for persons recognized as refugee and granted a right to political asylum	PCP
Foreign country passport	OTA
Internationally recognized travel document certifying the identity of a foreign citizen	AHP
Special passport of the Republic of Armenia	HHA
Permanent residence card in the Republic of Armenia	MKQ
Temporary residence card in the Republic of Armenia	JKQ
Certificate of residence of a non-citizen person permanently residing in the Republic of Armenia	KAC
Travel document issued to a non-citizen person by a foreign state	CHP

21) In “Table 7: Parties to the Transaction” and “Table 8: Types of Parties to the Transaction”, replace the words “transaction” with the words “reporting”.