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TRANSFERS AND ACCOUNTS

Enters into force on 14․11․2022

TERMS AND TARIFFS

TERMS AND TARIFFS FOR OPENING AND MAINTENANCE OF CURRENT BANK ACCOUNTS¹
Customer	Resident and non-resident Individual over 14 years old ² Legal entity or individual entrepreneur
Opening and maintenance of a bank account	AMD/USD/ EUR/RUR	no tariff applies
Annual service fee	AMD/USD/ EUR/RUR	no tariff applies
Delicate balance of the account	AMD/USD/ EUR/RUR	does not apply
CASH TRANSACTIONS ³
Depositing cash to the account in the branch cash desk	AMD/USD/	no tariff applies
Depositing cash to the account in the branch cash desk	EUR/RUR	according to the rate established by the Bank for the given day
Cashing out of funds deposited in cash	AMD/USD/ EUR/RUR	no tariff applies
^{Cashing of funds deposited in non-cash mode 4}	AMD/RUR	no tariff applies
^{Cashing of funds deposited in non-cash mode 4}	USD/ EUR	Up to 5,000 USD/EUR per day, no tariff is applied. 3% in case of more money (minimum AMD 1000)
TRANSFERS
Intra-bank transfers from bank account ⁵	AMD/USD/ EUR/RUR	no tariff applies
Interbank transfers from a bank account in the territory of the Republic of Armenia or in cash from a non-account-holding client	AMD (including the state and local budgets of the Republic of Armenia)	no tariff applies
	USD/ EUR	no tariff applies
Correction of inaccuracies in payment order data	no tariff applies
Issuance of statements at the bank branch	no tariff applies
Annual (simple) interest rate applied to daily account balance⁶	AMD	3% (in the case of legal entities։ 1%)
	USD	0,5% (in the case of legal entities։ 0%)
	EUR	0,1% (in the case of legal entities։ 0%)
	RUR	0,5% (in the case of legal entities։ 0%)
Acquaintance ¹ All rates include VAT ² In case of applying to an individual aged 14 to 18, the consent of a parent or guardian is also necessary ^{3 The fee does not apply to the cashing of time deposits and loans invested in the Bank} ^{4 Operations are carried out in the bank's branches from 22:00 to 09:00 with the following limits:} Interbank and intra-bank transfer (to another client) - up to 3 million AMD or equivalent foreign currency Transfer to the state budget - up to 1 million AMD Cash withdrawal from the account - up to 3 million AMD or equivalent foreign currency Cancellation of deposit - 1 million AMD ^{5 If the currency of the transfer account is different, the conversion is carried out at the exchange rate set by the Bank} ^{6 The interest is capitalized and paid every month until the 15th of the month following the given month.}

TERMS AND TARIFFS

TERMS AND TARIFFS FOR OPENING AND MAINTENANCE OF CURRENT BANK ACCOUNTS¹
Customer	Resident and non-resident Individual over 14 years old ² Legal entity or individual entrepreneur
Opening and maintenance of a bank account	AMD/USD/ EUR/RUR	no tariff applies
Annual service fee	AMD/USD/ EUR/RUR	no tariff applies
Delicate balance of the account	AMD/USD/ EUR/RUR	does not apply
CASH TRANSACTIONS ³
Depositing cash to the account in the branch cash desk	AMD/USD/	no tariff applies
Depositing cash to the account in the branch cash desk	EUR/RUR	according to the rate established by the Bank for the given day
Cashing out of funds deposited in cash	AMD/USD/ EUR/RUR	no tariff applies
^{Cashing of funds deposited in non-cash mode 4}	AMD/RUR	no tariff applies
^{Cashing of funds deposited in non-cash mode 4}	USD/ EUR	Up to 5,000 USD/EUR per day, no tariff is applied. 3% in case of more money (minimum AMD 1000)
TRANSFERS
Intra-bank transfers from bank account ⁵	AMD/USD/ EUR/RUR	no tariff applies
Interbank transfers from a bank account in the territory of the Republic of Armenia or in cash from a non-account-holding client	AMD (including the state and local budgets of the Republic of Armenia)	no tariff applies
	USD/ EUR	no tariff applies
Correction of inaccuracies in payment order data	no tariff applies
Issuance of statements at the bank branch	no tariff applies
Annual (simple) interest rate applied to daily account balance⁶	AMD	3% (in the case of legal entities։ 1%)
	USD	0,5% (in the case of legal entities։ 0%)
	EUR	0,1% (in the case of legal entities։ 0%)
	RUR	0,5% (in the case of legal entities։ 0%)
Acquaintance ¹ All rates include VAT ² In case of applying to an individual aged 14 to 18, the consent of a parent or guardian is also necessary ^{3 The fee does not apply to the cashing of time deposits and loans invested in the Bank} ^{4 Operations are carried out in the bank's branches from 22:00 to 09:00 with the following limits:} Interbank and intra-bank transfer (to another client) - up to 3 million AMD or equivalent foreign currency Transfer to the state budget - up to 1 million AMD Cash withdrawal from the account - up to 3 million AMD or equivalent foreign currency Cancellation of deposit - 1 million AMD ^{5 If the currency of the transfer account is different, the conversion is carried out at the exchange rate set by the Bank} ^{6 The interest is capitalized and paid every month until the 15th of the month following the given month.}

*Translated documents with the terms and conditions will be available soon.

Documents

Bank account information summary - Individuals

General rules for opening and managing (maintenance) of bank and deposit accounts

List of documents - Individuals

List of documents - legal entity

NOTICE About the terms and conditions of the deposit refund guarantee

updated on 10/11/2022, 14։00

32/6 G. Hovsepyan str., Nork-Marash,

Yerevan 0047, RA

FAST BANK IS SUPERVISED BY THE

Central Bank of Armenia

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