Important Conditions
Currency
AMD/USD/EUR/RUB/GBP/CNY/GEL/AED
Service charge
FREE
Service fee
FREE
Withdrawal
AMD 0.2% minimum 100 AMD
USD/EUR 1% minimum 1000 AMD
RUR/GEL/AED rate not applied
GBP 5% minimum 1000 AMD
Plus balance percent
AMD/USD/EUR/RUB/GBP/CNY/GEL/AED
| Currency | Annual (Simple) Interest Rate | APY (Annual Percentage Yield) |
|---|---|---|
| AMD | 5% | 5% |
| USD | 0.5% | 0.5% |
| EUR | 0.1% | 0.1% |
| RUB | 0.5% | 0.5% |
| GBP/CNY/ GEL/AED | 0% | 0% |
TERMS
TARIFFS
Your current account for daily banking transactions
Resident and non-resident Individual over 14 years old (1)
AMD/USD/ EUR/RUB no tariff applies
AMD/USD/ EUR/RUB no tariff applies
AMD/USD/ EUR/RUB does not apply
The account opening application must be submitted on the same day.
AMD / GEL / AED – no fee is applied.
✓ USD
- USD banknotes issued before 1996 are not accepted
- For 100 USD denomination banknotes issued from 1996 to 2006:
• Up to 1,000 USD per customer per day – no fee is applied
• Over 1,000 USD – 1% fee is applied
- For other banknotes – no fee is applied
✓ EUR
- For 500 EUR denomination banknotes – 2% fee is applied
- For other banknotes – no fee is applied
✓ RUB 2%
✓ GBP 5%
✓ AMD – 0.2%, minimum 100 AMD
✓ USD/EUR – 1%, minimum 1000 AMD
✓ RUB/GEL/AED – No fee applied
✓ GBP – 5%, minimum 1000 AMD
According to the Bank's current "Tariffs for Other Services"
AMD/USD/ EUR/RUR no tariff applies
AMD (including the state and local no tariff applies
budgets of the Republic of Armenia)
USD/ EUR no tariff applies
no tariff applies
no tariff applies
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.
According to the "Other Services Fees"
Currency
Annual (simple) interest rate
APY (Interest Yield)
AMD
5%
5%
USD
0,5%
0,5%
EUR
0,1%
0,1%
RUB
0,5%
0,5%
GBP/CNY/GEL/AED
0%
0%
No fee applies
No fee applies
0,25%
No fee is applied
(in the case of SWIFT — according to the "Terms and fees for international foreign currency transfers made by individual and legal entity/individual entrepreneur customers").
No fee applied