ArmInfo. The Central Bank of Armenia announces that, starting July 1, 2026, consumers will be able to block online financial transactions with one click via mobile banking and the organization's website. Unblocking will only be possible after identification and verification of the consumer's identity. As noted in the Central Bank's announcement, these self-protection tools and mechanisms are being implemented to combat fraud.
For example, it will be possible to block online loan applications, online withdrawals from deposit or savings accounts, and other online transactions via mobile banking.
This tool will allow consumers to better manage financial transactions conducted in their name and be more protected from fraud. More detailed information is available at https://www.cba.am/hy/news/regulation-8- 09/546/, and Regulation 8/09 "Minimum Requirements for the Implementation of Consumer Self- Restriction Instruments for Financial Services" (approved by the Central Bank Board decision of February 24, 2026) can be found at https://arlis.am/hy/acts/222170.
Before financial institutions launch this instrument, the Central Bank will provide additional information and remind consumers about the procedure and options for its use.
After July 1, the instrument will be mandatory for banks, branches of foreign banks, credit companies, and payment and settlement organizations that carry out money transfers and provide financial services remotely.
