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Apricot Capital cuts amount opening limit to AMD 100,000

panarmenian.net11/20th/2023, 1:18

Apricot Capital cuts amount opening limit to AMD 100,000

November 20, 2023 - 17:14 AMT

PanARMENIAN.Net - Apricot Capital has reduced the minimum limit for opening an account from AMD 500,000 to AMD 100,000, the company said on Monday, November 20.

The investment field in Armenia is relatively new but it is experiencing dynamic growth. Therefore, one of the primary objectives of the Armenian-licensed investment company Apricot Capital is to develop and provide investment tools that are simple and accessible to everyone. The company continues to employ innovative, digital, and advanced solutions, consistently implementing software improvements to enhance the website and mobile application. These enhancements aim to simplify, expedite, and enhance the overall user experience.

Recently, Apricot Capital introduced an online account opening procedure. Instead of visiting the office and filling out forms, the entire process of creating an account can be done online. Now, through a few simple and sequential steps on the website, residents, non-residents, and legal entities in the Republic of Armenia (RA) can automatically have their brokerage account.

“Upon accessing the Apricot Capital website, proceed by selecting the "Open account" button and fill the required personal data”.

A confirmation link is then sent to the provided email address. Click on the link to continue the registration process. After activating the link, download several documents, fill in the data, and proceed to the next stage – the identification (liveness check), which confirms the person's identity. After identification, customers confirm their decision by clicking the "I agree" button, following which the company proceeds with Know Your Customer (KYC) procedures. As a result, the account is confirmed, and the client receives the signed c...

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