IndividualBusiness
Branches+374 10 510 000
Fast Bank
  • Accounts
    • Bank Accounts
    • Escrow account
  • Deposit
    • Deposit
    • Bonds
  • Loans
    • Business Loans
    • Agricultural loans
    • Other financing
  • Cards
  • Transfers
  • Mobile Banking
  • More
    • POS terminals
    • Investment Services
    • Currency exchange
    • Insurance
    • More
Online Banking

Bank

About usShareholdersInvestorsManagementOrganizational chartReportsBranches and ATMsBusiness Conduct Rules

USEFUL INFORMATION

Customer rightsLegal actsFrequently asked questionsCareerAnnouncementsNewsPropert for saleApp Privacy PolicyPrivacy PolicyCredit history/Credit scoreUseful linksRequisites

Head Office

0047, Republic of Armenia, Yerevan, Nork-Marash, G. Hovsepyan 32/6

Phone Number

(+374) 10 510 000

Email Address

[email protected]

Contact Us

Join us on social media

ISO
37301:2021

ISO
37301:2021

ISO/IEC
27001

ISO/IEC
27001

Sustainability
Alignment
Rating

Sustainability
Alignment
Rating

Dear User,

If there is any discrepancy between the Armenian and English versions of the website information, please refer to the Armenian version.

Fast Bank is supervised by the CBA

© 2026 All rights reserved by Fast Bank

Bank accounts

Your Current Account for Daily Banking Transactions

Apply online
Bank accounts

TERMS TARIFFS

Important Conditions

Currency

AMD/USD/EUR/RUB/GBP/CNY/GEL/AED/KZT

Service charge

FREE

Service fee

FREE

Withdrawal

AMD  0.25% minimum 1000 AMD

USD/EUR 1% minimum 1000 AMD 

RUB/GEL/AED rate not applied

GBP 5% minimum 1000 AMD

The cash withdrawal fee does not apply to:

  • Cash withdrawal of bonds

  • Cash withdrawal of interest paid on term deposits and bonds

  • Cash withdrawal of the term deposit principal amount, except where the term deposit agreement is terminated within 30 days of the deposit's placement and the source of funds for said deposit is not another deposit with a term of 30 days or more.

Plus balance percent

AMD/USD/EUR/RUB/GBP/CNY/GEL/AED/KZT

CurrencyAnnual (Simple) Interest RateAPY (Annual Percentage Yield)
USD0.5%0.5%
EUR0.1%0.1%
RUB0.5%0.5%
GBP/CNY/GEL/AED/KZT0%0%
AMD4%4.07%

TERMS
TARIFFS

The service of depositing cash in rubles into the account will be temporarily suspended from 21.07.2026. For questions or additional information, you can contact Fast Bank CJSC via the Bank's official social media pages or the 24-hour phone number +374 (10) 51 00 00.

TERMS<br />TARIFFS
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/RUB/GBP/CNY/GEL/AED/KZT

no tariff applies 

Annual service fee

AMD/USD/EUR/RUB/GBP/CNY/GEL/AEDD/KZT

no tariff applies

Delicate balance of the account

AMD/USD/EUR/RUB/GBP/CNY/GEL/AEDD/KZT

does not apply 

Account opening timeframe

On the same day the account opening application is submitted

Cash transactions¹

 AMD/ GEL/AED

No fee is set

Cash deposit to the account at the branch cash desk

USD

 

-USD banknotes issued before 1996 are not accepted.

-USD 100 denomination banknotes issued from 1996 to 2006:

  • For each customer, up to USD 1,000 per day – no fee applies
  • For amounts exceeding USD 1,000 per day – 1% fee

-For all other banknotes, no fee applies.

EUR

 

  • For 500 EUR denomination banknotes – 2% fee applies
  • For all other denominations – no fee applies

 GBP 

  5%      

                                                        

AMD/GEL/AED – no rate applies

RUB 5% / The service is temporarily suspended.

Cash Withdrawal 2

AMD: 0.25%, minimum 1000 AMD

 

USD/EUR: 1%, minimum 1000 AMD

 

RUB/GEL/AED: No fee applied

 

GBP: 5%, minimum 1000 AMD

Acceptance and exchange of worn banknotes

According to the Bank’s current “Other Services Fees” schedule

Transfers
If the instruction is submitted at the branch
Internal bank transfers from a bank account 3

AMD/USD/EUR/RUB/GBP/CNY/GEL/AEDD/KZT

200 AMD

Interbank transfers within the territory of the Republic of Armenia

✓ AMD (including Armenian state and

 

 local budgets) / USD / EUR

200 AMD

When the instruction is submitted via Internet/Mobile Banking

No fee applies

Correction of errors in the payment order data upon customer’s request

No fee is applied

 

(In the case of SWIFT transfers — according to the "Terms and Fees for International Foreign Currency Transfers by Individual and Legal Entity/Individual Entrepreneur Customers")

Provision of statements for an active account at the bank branch

No fee is applied

Providing a statement for a closed account at the bank branch

1,000 AMD   4

Annual simple interest rate and annual percentage yield (APY) applied to the daily account balance 5

Currency

Annual (simple) interest rate

APY (Annual Percentage Yield)

AMD

4%

4.07%

USD

0.5%

0.5%

EUR

0.1%

0.1%

RUB

0.5%

0.5%

GBP/CNY/GEL/AED

0%

0%

Declining balance 7

If a client has an active POS terminal at the Bank and is included in the list of business entities—categorized by Merchant Category Code in accordance with the ArCa payment system rules defined in Annex 1 to Resolution No. 27-N of the Board of the Central Bank of Armenia dated February 9, 2026—then a minimum required balance must be maintained for that POS terminal, as follows:
- 4,600 (four thousand six hundred) AMD for a POS terminal installed in the city of Yerevan;
- 3,000 (three thousand) AMD for a POS terminal installed in cities within the regions of the Republic of Armenia;
- 1,000 (one thousand) AMD for a POS terminal installed in villages of the Republic of Armenia.

*A one-time fee of AMD 100,000 is established for opening accounts for clients with the organizational-legal status of a political party (PP).
1 The exchange rate of the Central Bank of Armenia (CBA) effective at the time of the transaction is used when applying the tariff. Only non-cash transactions are conducted for accounts denominated in Chinese Yuan (CNY) and Kazakhstani Tenge (KZT); cash transactions are not performed.
2 The tariff does not apply to:
- upon the encashment of the term deposit amount, except where the term deposit agreement is terminated within 30 days of the deposit's placement;
- upon the encashment of bonds;
- upon the encashment of interest paid on term deposits and bonds.

3 If the transfer account currency differs, conversion is performed at the exchange rate set by the Bank.
- Intra-bank transfers are executed immediately;
- Inter-bank transfers submitted by 15:30 are executed on the same banking day. Transfers made after 15:30 are executed on the next business day. The transfer amount is debited from the account immediately.
4 VAT included

5 Interest is capitalized and paid monthly, by the 15th day of the month following the month in question.
6 If the deposit is terminated prior to the 30-day term, a 2% cash deposit fee applies.
7 These tariffs apply to existing Bank clients starting from 17/03/2026, and to new clients starting from 01/03/2026.

You can find out the terms and conditions of remote maintenance services here.


ATTENTION: INTEREST AMOUNTS ON THE FUNDS IN YOUR ACCOUNT ARE CALCULATED ON THE BASIS OF THE NOMINAL INTEREST RATE. THE ANNUAL INTEREST YIELD SHOWS HOW MUCH INCOME YOU WILL RECEIVE AS A RESULT OF MAKING THE MANDATORY PAYMENTS RELATED TO THE DEPOSIT AND RECEIVING THE INTEREST AMOUNTS EARNED AT A DEFINED PERIODICITY. YOU CAN FIND THE ANNUAL INTEREST YIELD CALCULATION HERE

Documents

Documents

Bank Account Information Summary

See more

Rules for the opening and management (servicing) of bank and deposit accounts

See more

Notice on the Deposit Guarantee Scheme

See more

List of Required Documents (Bank Account)

See more
Updated at 09.07.2026 09:00