Tariff

ANNUAL INTEREST RATE PAID AGAINST FUNDS EXISTING ON THE BANK AND DEMAND DEPOSITS ACCOUNT 

1. Against AMD

a/ from AMD  0 - 20 000 000

0%

b/from AMD 20,000,001-50,000,000

1%

c/ more than AMD 50,000,001

2%

2. For funds available on accounts opened for social package servicing

0.1%

3. Against the funds available on state support account

5%

4. Escrow account

0%

5. Unallocated metal account

0%

1. Interests  are  calculated  on  daily  basis  of  funds  existing  on  bank  and demand account during the accounting month and are paid on the first working day of the month following the accounting month.

Moreover;

*  if a bank/and/or demand account is opened or funds available on it have been accrued during the accounting month, then the average daily calculation is executed by the calendar days calculation of the accounting month.

*if bank and/or demand account is closed during the accounting month, then the interests on that month aren’t paid.           

 

The procedure, manner, general terms and conditions for the provision of banking services are defined by the “General Terms of Banking Services of ARMECONOMBANK OJSC”  approved by the Executive Board of the Bank, which can be found via the following link.  

YOU ARE ELIGIBLE TO COMMUNICATE WITH FINANCIAL INSTITUTION BY THE MEANS OF COMMUNICATION YOU PREFER – THROUGH POSTAL SERVICES OR ELECTRONICALLY. THE RECEIPT OF INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT. IT IS AVAILABLE ROUND-THE-CLOCK (24/7), FREE OF THE RISK OF LOSS OF PAPER INFORMATION AND ENSURES THE CONFIDENTIALITY.

 “Your Financial Informer” is an electronic system which searches and compares the services offered to individuals and facilitates the selection of the most effective option for you.

General Information
Documents to be Presented for Account Opening of Individuals
 
Punct Passport,
Punct Social card (RA resident),
Punct  The certificate of private entrepreneur /the original and a copy/and the stamp/if any/ (required only for PE),
Punct Tax code (original and a copy) (required only for PE),
Punct In case of the liquidated private entrepreneur's account opening(in the process of insolvency) ,  the liquidator submits to the bank the decision on liquidation and appointment by relevant competent body,
Punct A notarized power of attorney for dispose of funds held in the accounts:
Updated:
Updated: 07/05/2021 12:57