By the decision No. 104-N of the Central Bank of the Republic of Armenia dated June 21, 2016, the forms of electronic messages sent to banks for the purpose of imposing a lien on the monetary funds of the debtor in the debtor's bank accounts and deposits by the Enforcement Officer have been established.
According to Article 46, Part 2 of the Law of the Republic of Armenia on the Enforcement of Judicial Acts, the Enforcement Officer imposes a lien on the monetary funds of the debtor in the debtor's bank accounts and deposits through electronic messages sent to banks, the form of which is determined by the Central Bank of the Republic of Armenia in coordination with the Ministry of Justice of the Republic of Armenia.
In the presence of monetary funds with the debtor, the bank servicing the debtor's accounts or other credit organization is obliged to impose a lien on the debtor's monetary funds only to the extent specified in the decision of the Enforcement Officer.
The Council of the Central Bank of the Republic of Armenia has decided to establish the "Forms of Electronic Messages Sent to Banks for the Purpose of Imposing a Lien on the Monetary Funds of the Debtor in the Debtor's Bank Accounts and Deposits by the Enforcement Officer: