Extension of attached , additional cards [16,17]
Card account opening 
Annual service fee 
AMD 30000 or AMD 3000 weekly
Annual service fee of attached, additional cards [15,16]
Provision of account statement up to 1 month transactions 
Provision of account statement 1 month to 3 year transactions
Provision of account statement 3 month to 1 year transactions
Provision of account statement for more than 1 year transactions
Replacement of the card with a new one in case of PIN code damage and loss, extension of a new card in case of preterm reissue of the card
Cash pay-out at ARMECONOMBANK OJSC encashment points with AMD only (ATM)
CASH-IN at encashment points of ARMECONOMBANK OJSC (ATM CASH-IN)
1% min AMD 500
Cash pay-out at ARMECONOMBANK OJSC encashment points (POS terminals) with AMD and foreign currency
EUR, USD- 3%. min AMD 1000
Cash pay-out at encashment points of other Armenian banks (ATM, POS terminal) 
3%. min AMD1000
CASH-IN at encashment points of other Armenian banks (CASH-IN)
Cash pay-out from ARMECONOMBANK OJSC teller sector
3%. min AMD 1000
Cash pay-out via ARMECONOMBANK OJSC POS terminals with MasterCard cards issued by foreign banks
AMD, EUR, - 1% min AMD 1000
USD 2% min AMD1000
Cash pay-out through ARMECONOMBANK OJSC POS terminals with MasterCard payment cards issued by other RA banks
AMD, EUR, 1% min AMD 1000
USD 2% min AMD 1000
Cash payout abroad
3% min AMD 3000
CASH-IN abroad, as well as within RA through ATMs of non ArCa member banks
2% min AMD 3000
Implementation of non- cash transactions
Removal from card’s Stop-List
AEB Mobile application  ՝ free of charge
Number of daily encashment transactions
Increase of daily encashment or total transactions limit
Increase of daily encashment transaction number
AMD 2 500 000
USD, EUR 5.000
Total maximum amount of encashment transactions for a single day
AMD 7 500.000
USD, EUR 15.000
Total maximum amount of transactions during a single day
Increase of daily encashment or total transactions limit
Transfer to other ARMECONOMBANK OJSC account of the same customer
Card-to-card transfers to the Bank’s cards 
Card-to-card transfers to the cards of “Armenian Card” system partner banks 
Transfers from card accounts to the benefit of customers of other RA banks 
Transfers to the benefit of ARMECONOMBANK OJSC other customers
Prompt extension of cards (reissue) 
To put in international Stop-List 
AMD 9000 weekly
Chargeback claim 
For ArCa member banks
service point’s governmental non cash payments including JACES payment for goods sold in auctions
Replenishment of the card account via Cash-in terminals located out of ARMECONOMBANK OJSC branches 
Replenishment of the card account with Cash-in terminals located in ARMECONOMBANK OJSC branches 
free of charge
Maximum amount of encashment transactions via ARMECONOMBANK OJSC ATM's for a single transaction
Acceptance of chargeback applications of transactions implemented by other banks’ cardholders at AEB encashment and/or service points
Commission fee from transactions implemented through InecoPay system
Replacing the status of the card with forced change of PIN code
Commission fee against the payments made through PAYMENT.AEB.AM website 
2 The tariff for individuals with identification document of other countries/non-RA/ and for non –resident legal entities is AMD 20.000.
Commission fee for concluding an CMTPL via INSURANCE.AEB.AM website
6 The statements on up to one month transactions can be provided free of charge until the last banking day of the following month inclusive.
7 Internet transactions through www.arca.am website (card-to-card, procurement of codes of mobile phones’ prepaid cards, payment of utility bills, review of account statements, etc.) can be made only if the customer has presented to ARMECONOMBANK OJSC in written form his e-mail address and card password (which is not the PIN code).
8 At the request of the customer, ARMECONOMBANK OJSC sends an SMS notification to the mobile phone of the customer after each transaction made with the card. To activate this service, the customer should inform ARMECONOMBANK OJSC in written form his mobile phone number and the amount of transactions, exceeding which he/she wishes to receive an SMS notification, moreover the minimum threshold of amount for AMD cards shall be no less than AMD 100, for USD cards - USD 1, for EUR cards EUR 1 and for RUR cards RUR 50. After each transaction implemented on the internet via the card, the customer will receive an SMS notification containing password of ArCa 3-D Secure, MasterCard SecureCode or Verified by Visa systems if the website is secured by the mentioned systems. The subscribers of "Armentell'' CJSC and ''VivaCell - MTS'' mobile networks can use USSD informational and management system.
10 Except non ArCa member banks from which ATMs 1% min AMD 1,000 is charged.
11If the customer applied to the bank till 14:00 of that day, then the card can be extended within that day up to 17:00, in case of applying after 14.00, the card will be extended next day by 17.00. This applies only to ARMECONOMBANK OJSC's Yerevan-based branches.
12This tariff applies to the cases when the customer lost card transactions are done in lower limits.
13This tariff applies to the case when it appears that the deal is done and the amount actually received by the customer / payment made by the customer.
15 Additional card-for the same client operating card account attached other type of plastic card.
Attached card-additional card given to the third part by costumer keeping same card account.
16 VISA CLASSIC PLUS is not attached to other cards. Other cards are not attached to VISA CLASSIC PLUS.
17 When using lounge network access of Priority Pass free card provided with Visa Infinite cards, AMD 15.000, defined by the latter, is charged (per person).
21 The minimum amount of transactions executed through Cash-in terminals located out of ARMECONOMBANK OJSC branches is AMD 100, maximum- AMD 100.000. The minimum amount of transactions executed through Cash-in terminals located in ARMECONOMBANK OJSC branches is AMD 100, maximum- AMD 200.000.
23 The given card is granted only in case of credit line provision and expires upon the closure of the credit line by the customer.
24 No other cards are attached to MasterCard ARMEC's GOLD and MasterCard ARMEC's STANDARD cards.
25 To get acquainted with the complete list of preferential tariffs of the transactions executed through AEB Mobile application, please visit the link.
28 Once every 12 months up to the expiry date of the card, 1% Cashback is calculated and paid against each cashless transaction executed within RA territory (with the exception of utility payments, card to card transfers and transactions implemented through e-wallets). Nevertheless, should the cardholder close the card prior to the expiry of the card, Cashback amount is not paid.
29 With the exception of payments made through e-wallets and online bookmakers/applications, in which case 3% is defined.
30 No other cards are attached to ArCa social and ArCa pension cards.
commission fee of the transactions implemented through payment cards issued by RA banks certified by “Armenian Card” CJSC , with the exception of cards issued by “VTB Bank Armenia” CJSC, is 0,9%;
commission fee for the transactions executed with MasterCard, Visa cards issued by the banks not providing certification through Arca system is 2,5%
In case of cards issued by RA banks certified by Arca system, the commission fee is 0.9%;
•The card is issued upon the submission of the required documents by the Client to the Bank and is provided to the Customer within maximum 5 working days.
•Transactions in a currency different from that of the currency of the card account are calculated in the rates defined by the Bank for the sale and purchase of the appropriate currency as of the date of the transaction, due to which the Bank shall not bear any responsibility for the differences in the transaction amount.
•ATTENTION: INTERESTS ON YOUR DEPOSIT ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE AND THE ANNUAL PERCENTAGE YIELD SHOWS THE INCOME YOU WOULD REALIZE, IF YOU WOULD HAVE ADDED THE RECEIVED DEPOSIT INTERESTS TO THE DEPOSIT. YOU WILL FIND THE ORDER OF CALCULATING THE ANNUAL PERCENTAGE YIELD ON www.aeb.am.
•Interests accrued on the balances of the cards are capitalized monthly.
•Interests are accrued daily on the balances of the cards, as well as on the added amount balance, and on the capitalized amounts
•The Bank is entitled to amend the size of interests paid for the monetary funds available on the card account, unless otherwise defined by the Agreement.
•There is no limit in the minimum initial amount for card opening.
• Interest paid against card accounts is subject to taxation with income tax under tax legislation of RA.
•In case of contract disputes the depositor shall apply to the Bank in written form and will receive the reply to such request within 10 Business days. In case of disagreement with reply, the depositor has the right to apply to the court or to the Financial System Mediator.
•To open a card account, the customer shall submit the below mentioned documents to the Bank:
•- Identification document,
•- Document containing public services number or reference about not-receiving public services number,
•-On the purpose of due diligence of the customer envisaged by RA law on “On Combating Money Laundering and Terrorism Financing”, the bank may request additional documents or other information from the consumer based on <> principle, as well as ask the consumer additional questions during oral communication.
•- In compliance with the agreement signed with USA, to find out if you are a USA tax payer, financial institutions may collect additional information about the agreements, contracts, cooperation, membership signed by financial institutions, which may have a direct impact on the consumers (e.g. foreign account tax compliance act (FATCA))
•With periodicity of at least 30 days the Bank provides the customer with the account statement, except the cases when no debiting or crediting to such account occurs within the reporting period.
•Should the negotiations fail to settle the disputes and disagreements between the Bank and the customer, the latter can apply to the court or the Financial System Mediator.
•The customer's right to manage the account and monetary funds available on it may be limited in the cases prescribed by the law - court decision, ban on the account based on the decision (hard copy or electronically) of the tax or other authorities of Compulsory Enforcement Service.
•Cash facilities available on the account may be written off without the customers consent in the cases prescribed by the law- court decision, based on the decision (hard copy or electronically) of the authorities of Compulsory Enforcement Service or in the cases stipulated by the Agreement signed by and between the Bank and the customer.
•Deposits are guaranteed pursuant to the Armenian Law on Guaranteeing the Recovery of Deposits of Individuals
•Deposits are guaranteed as follows:.
•In case of deposits in Armenian drams, the deposit is guaranteed for AMD 16 mln.
•In case of deposits in foreign currency, the deposit is guaranteed for AMD 7.0 mln
•In case of deposits both in Armenian drams and in foreign currency: if AMD deposit exceeds AMD 7.0 mln, only the AMD deposit is guaranteed for AMD 16 mln
•In case of deposits both in Armenian drams and in foreign currency: if AMD deposit is smaller than AMD 7.0 mln, the AMD deposit is guaranteed in full and the foreign currency and the foreign currency is guaranteed for the balance of AMD 7.0 mln and recovered AMD deposit