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
RUB/GEL/AED rate not applied
GBP 5% minimum 1000 AMD
*The cashout rate does not apply to:
• In case of cashing out bonds
• In case of cashing out interest paid on a term deposit and bonds
• In case of cashing out the amount of a term deposit, except if the term deposit agreement was terminated within 30 days after the term deposit was placed and the source of formation of the given deposit is not another deposit with a term of 30 days or more.
Plus balance percent
AMD/USD/EUR/RUB/GBP/CNY/GEL/AED
| 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% |
TERMS
TARIFFS
Your current account for everyday banking transactions.
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.
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 5%
✓ 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/RUB 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
Transfers via credit code
200 AMD
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
4%
4,07%
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
0․5%
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").
Provision of current account statements and copies thereof at the bank branch
No fee applied
Terms and conditions of remote maintenance services:
Provision of a statement and copies of a closed account at the bank branch:
1,000 AMD
How to communicate with the bank:
YOU HAVE THE RIGHT TO COMMUNICATE WITH A FINANCIAL ORGANIZATION IN YOUR PREFERRED WAY: BY POSTAL OR ELECTRONIC. RECEIVING INFORMATION ELECTRONIC IS THE MOST CONVENIENT. IT IS AVAILABLE 24/7, FREE FROM THE RISK OF LOSS OF PAPER INFORMATION, AND ENSURES CONFIDENTIALITY.
Services are provided:
In all branches of the bank
ATTENTION: INTEREST AMOUNTS ON THE FUNDS IN YOUR 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 DEFINED PERIOD. YOU CAN FIND OUT THE ANNUAL INTEREST INCOME CALCULATION PROCEDURE HERE.
You can familiarize yourself with the procedure established by the Law of the Republic of Armenia "On Guaranteeing the Compensation of Bank Deposits of Individuals" here.
For the purpose of due diligence of the customer as defined by the RA Law "On Combating Money Laundering and Financing of Terrorism", the Bank may request additional documents or other information from the Customer based on the "Know your customer" principle, as well as ask additional questions to the consumer during verbal communication (if such a request exists).
In accordance with the agreement signed with the United States based on the Foreign Account Tax Compliance Act (FATCA), the Bank may collect additional information to determine the Customer's US taxpayer status.
In compliance with the Bank’s obligations under the legislation of the Republic of Armenia, including the RA Tax Code, the Common Reporting Standard (CRS) published by the Organisation for Economic Co-operation and Development (OECD), and/or other international treaties, the Bank shall provide the state and/or local self-government bodies of the Republic of Armenia and/or competent foreign authorities (hereinafter referred to as the 'Authorized Body') and/or entities designated by the latter with information constituting banking secrecy and personal data of the non-resident Customer, to which the Customer hereby gives their unconditional consent.
You can learn about the rules for opening, maintaining, and closing bank and deposit accounts here.
The terms, deadlines, and tariffs for providing statements, their duplicates, inquiries, and other information are published on the Bank's Other Services page.