FastX CREDIT LINE

Maximum amount

20,000,000 AMD

Interest rate

15%

Term

3 months

First 30 days

Interest-free

Apply online
FastX CREDIT LINE

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FastX CREDIT LINE

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Card-based credit line secured by FTN

Loan amount and currency

AMD 50,000 – 20,000,000

Collateral

FTN digital asset issued by the company FastEx

Loan-to-Collateral Ratio

Up to 75%

Loan Term

3 months

Grace Period

First 30 days interest-free, thereafter 15% annual interest on the used amount

Annual Percentage Rate (APR)

10.56%

Interest Calculation

Calculated daily

Repayment Method

The accumulated interest and the utilized portion of the credit line are to be repaid in full at the end of the loan term

Loan Disbursement Method

Disbursed to a bank-issued card account

Early Repayment Fee

Not applicable

Loan Disbursement Fee

Not applicable

Monthly Service Fee

Not applicable

Overdue Principal Penalty

Not applicable

Overdue Interest Penalty

Not applicable

The collateral value is based on the market value of the digital asset provided by the FastEx company, expressed in Armenian drams (AMD).


** Applicable after the credit line becomes available on the card account.


! Before signing the agreement, the Bank will provide you with an individual key terms sheet for the credit line secured by FTN, which outlines the essential terms of the loan being provided.

 

Interest accrual starts from the 31st day on the utilized portion of the credit limit.

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Loan calculator

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Loan calculator

Monthly Payment

0

Total Paid Amount

0

Total Interest Amount

0

Dear Customer,

The calculation is informational and may change

Updated at