Armeconombank customers can now withdraw cash from the Bank’s ATMs 24/7 without a physical card, using the AEB Mobile app. This feature serves as a seamless, secure alternative for cash withdrawals in situations where your physical card is unavailable but you have an urgent need for cash. How to Complete a Cardless Cash Withdrawal To utilize the service, simply follow these steps within the AEB Mobile:

1. Log in to the application and tap the "+" icon.
2. Navigate to the Applications field, then select Accounts.
3. Select the Cardless Withdrawal command.
4. Fill in the required fields to generate a secure 6-digit withdrawal code. Enter this code at any Armeconombank ATM within 30 minutes by selecting the Other Services option on the ATM screen.

Core Terms & Conditions

• Currency: The service is only available in AMD.
• Eligible Account Types: Withdrawals can be executed from current and card accounts (excluding Arca Gift cards, Arca Social cards, and savings accounts).
• Service Fees: The standard transaction fee is 0.5% (minimum AMD 100). For withdrawals executed from VISA Guru and Armec’s card accounts, a 3% fee applies.
• Transaction Limits:

• Per-Transaction Limits: Maximum of AMD 400,000; minimum of AMD 1,000.
• Daily Cumulative Limit: Maximum of AMD 1,000,000 per day.
• Daily Frequency Limit: Maximum of 10 transactions per day.

For Armeconombank, the advancement of digital services extends beyond mere technological milestones; it is about cultivating a highly convenient, accessible, and secure financial ecosystem for our clients under any circumstance. 86 86 | aeb.am Armeconombank is supervised by the Central Bank of Armenia.