Unallocated account

Annual Service fee AMD 5,000
Minimum access/ minimum size of transaction1gram
Accrued interest rate against positive balance0%
Transfer out of "ARMECONOMBANK" OJSCAt the moment of  transaction at the rate of 0.1% of the amount set by CBA, at least AMD 15.000
Transfers within "ARMECONOMBANK" OJSC0
Entery of transferred funds to the amount AMD 5000

No fee is charged for the metal account if the balance of the account is 0.

Necessary Documents to be Presented for Bank Account Opening of Legal Entities

Main Account Opening of Corporate Entities

To open a main bank account in the name of the corporate entity, the Director (Manager), the Chief Accountant (if any) visit the Bank, as well as individuals authorized to sign, bringing with them the round seal and the following documents:

  1. Passport (identification card),
  2. State registration certificate of the corporate entity (the original and 1 copy),
  3. The charter (the original and 1 copy: bound and signed with the inscription "authentic with the original"),
  4. Tax code (the original and 1 copy),
  5. Statements and certified copies of position appointment of the director (manager), chief accountant (if any), as well as other individuals authorized to sign, in case of the director also the copy of the appointment resolution /protocol/ from the authorized body. The copies of the order are not required, if the mentioned individuals are registered in the presented state registration certificate. In case of non-resident corporate entities, a corresponding certifying document of the position appointment of the director (manager), chief accountant (if any), as well as other individuals authorized to sign,
  6. In case the liquidated (being in the state of insolvency) corporate entity wants to open an account, the liquidator also submits to the Bank the decision on liquidation (insolvency) of the relevant authorized body.
  7. Passport (identification card),
  8. Foundation agreement of the corporate entity (the original and 1 copy).

Term Account Opening of Corporate Entities

To open a term account in the name of the corporate entity, at least one of the founders mentioned in the foundation agreement or his/her representative visits the Bank, bringing the following documents:

Documents to be Presented by Private Entrepreneurs

To open an account, the private entrepreneur visits the Bank, presenting the following documents:

  1. Passport (identification card),
  2. Social card (for RA citizens),
  3. Certificate of the private entrepreneur /the original and the copy/ and the seal /if any/ (required only from private entrepreneur),
  4. Tax code (the original and 1 copy) (required only from private entrepreneur),
  5. In case the liquidated (being in the process of insolvency) private entrepreneur opens an account, the liquidator also submits to the Bank the decision on liquidation (insolvency) and on his/her appointment of the relevant authorized body,
  6. A notarized power of attorney for the disposal of funds in the account (accounts).

Annual Service fee AMD 5,000
Minimum access/ minimum size of transaction1gram
Accrued interest rate against positive balance0%
Transfer out of "ARMECONOMBANK" OJSCAt the moment of  transaction at the rate of 0.1% of the amount set by CBA, at least AMD 15.000
Transfers within "ARMECONOMBANK" OJSC0
Entery of transferred funds to the amount AMD 5000

No fee is charged for the metal account if the balance of the account is 0.

Necessary Documents to be Presented for Bank Account Opening of Legal Entities

Main Account Opening of Corporate Entities

To open a main bank account in the name of the corporate entity, the Director (Manager), the Chief Accountant (if any) visit the Bank, as well as individuals authorized to sign, bringing with them the round seal and the following documents:

  1. Passport (identification card),
  2. State registration certificate of the corporate entity (the original and 1 copy),
  3. The charter (the original and 1 copy: bound and signed with the inscription "authentic with the original"),
  4. Tax code (the original and 1 copy),
  5. Statements and certified copies of position appointment of the director (manager), chief accountant (if any), as well as other individuals authorized to sign, in case of the director also the copy of the appointment resolution /protocol/ from the authorized body. The copies of the order are not required, if the mentioned individuals are registered in the presented state registration certificate. In case of non-resident corporate entities, a corresponding certifying document of the position appointment of the director (manager), chief accountant (if any), as well as other individuals authorized to sign,
  6. In case the liquidated (being in the state of insolvency) corporate entity wants to open an account, the liquidator also submits to the Bank the decision on liquidation (insolvency) of the relevant authorized body.
  7. Passport (identification card),
  8. Foundation agreement of the corporate entity (the original and 1 copy).

Term Account Opening of Corporate Entities

To open a term account in the name of the corporate entity, at least one of the founders mentioned in the foundation agreement or his/her representative visits the Bank, bringing the following documents:

Documents to be Presented by Private Entrepreneurs

To open an account, the private entrepreneur visits the Bank, presenting the following documents:

  1. Passport (identification card),
  2. Social card (for RA citizens),
  3. Certificate of the private entrepreneur /the original and the copy/ and the seal /if any/ (required only from private entrepreneur),
  4. Tax code (the original and 1 copy) (required only from private entrepreneur),
  5. In case the liquidated (being in the process of insolvency) private entrepreneur opens an account, the liquidator also submits to the Bank the decision on liquidation (insolvency) and on his/her appointment of the relevant authorized body,
  6. A notarized power of attorney for the disposal of funds in the account (accounts).