Replenishable Term Deposit

Your savings can provide a HIGH income and bring you closer to achieving your goals. Think one step ahead, make a deposit with competitive terms at Fast, and top it up whenever you wish.

NOTE: INTEREST AMOUNTS ON THE FUNDS IN YOUR DEPOSIT ACCOUNT ARE CALCULATED BASED ON A 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 SPECIFIC PERIOD. YOU CAN FIND THE CALCULATION PROCEDURE OF ANNUAL INTEREST YIELD HERE.

The deposit may be returned before the term specified in the deposit agreement. In case of returning the deposit before the term of the deposit agreement at the request of the depositor, the interest is recalculated: for deposits with a term of 31-366 days in AMD - 5%, in USD/EUR/RUB - 0% annual interest rate, for deposits with a term of 367-550 days in AMD - 8%, in USD - 3%, in EUR - 2%, in RUB - 0% annual interest rate, unless otherwise provided by the agreement, by deducting the interest already paid from the Deposit amount, if any.

Interest on a term deposit is calculated for the calendar days from the date the funds are received by the Bank until the day preceding the date of their return to the depositor or their withdrawal from the depositor's account on other grounds. The interest rate of the deposit is calculated at the rate of 1/365 of the established interest rate, and for a leap year at the rate of 1/366. Interest is calculated on the actual balance of the deposit.

Funds from third parties are credited to the Deposit Account in the name of the depositor, indicating the necessary data about the account, unless otherwise provided by the contract. Moreover, it is assumed that the depositor, by providing such persons with the necessary data about their deposit account, has agreed to receive funds from them.