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Until the funds in the account are completely withdrawn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