Important Conditions
Currency
AMD
Service charge
No tariff applies
Service fee
No tariff applies
Withdrawal
No tariff applies
TERMS
TARIFFS
Resident and non-resident individual beneficiary over 14 years of age (1)
Receiving lump sum payments (benefits)
AMD
No tariff applied
No tariff applied
None
The same day on which the request on receiving a lump sum payment is submitted
Until the funds in the account are completely withdrawn
No tariff applied
Currency
Annual (simple) interest rate
APY (annual percentage yield)
AMD
0%
0%
According to the "Terms and tariffs for opening and servicing current accounts for individuals" in force at 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 .