Classical deposit

1. The deposit is accepted from individuals and legal entities both at the Bank's place of business and through the "EvocaTouch" or "EvocaOnline" remote control systems.

2. The Depositor can supplement (increase) his Deposit amount starting from at least 100,000 AMD, 200 US Dollars, 200 Euros or 30,000 Russian Rubles.
In case of making a deposit with the possibility of increase, an interest rate of 0.5% less than the interest rates of the above scale is set for deposits in AMD, and an interest rate of 0.25% less than the interest rates of the above scale is set for deposits in US dollars, Euros and Russian rubles. The sum of all the replenishments made cannot exceed the initial amount of the Deposit investment. During the last 3 (three) months of the validity of the deposit contract, replenishment of the deposit amount is not allowed.

3. Partial deduction of the deposit amount is not allowed.

4. In case of early termination of the deposit agreement at the depositor's request, the Bank recalculates the deposit interest at the following rates:

5. Partial deduction of the deposit amount is not allowed.

Additional terms

1. At the request of a depositor who is an RA citizen, the Bank can issue a payment card without charging an annual service fee.

2. The types of payment cards provided, according to the amount of the deposited deposit, are defined below:

In case of expiration of the term of the deposit or early termination of the contract of the deposit, the maintenance of the payment card provided for the investment of the deposit continues without charging the annual service fee, until the end of the service period of the payment card, except for the Visa Infinite payment cards provided for the investment of the deposit In case of premature termination of the Deposit contract by the cardholders or the expiry of the term of the Deposit, the Visa provided for the investment of that Deposit is also closed. The Infiite payment card or at the customer's request operates according to the tariffs and rates currently in effect in the Bank.

Amount of annual percentage yield of the deposit

You can familiarize yourself with the annual interest rate according to deposit types, calculated according to the procedure established by the RA Central Bank, below:

IT-nominal interest rate
TTE-annual percentage yield

Scheme of placing and returning deposits in Russian rubles:

• Cash or non-cash funds denominated in Russian rubles will be returned in the manner of their initial placement (in cash and non-cash manner respectively), no fees will be charged for it;
• In case a non-cash deposit in rubles is returned in cash, the bank will charge a fee for cashing out rubles according to the rate set as of the deposit withdrawal date;
• In case a cash deposit in rubles is returned in non-cash manner, the bank will charge a cash entry fee set as of the deposit withdrawal date.

Attention:

• Contractual relations between the bank and customers are regulated by TERMS AND CONDITIONS OF COMPLEX BANKING SERVICES, which are a public offering and considered as accepted once a duly filled out and signed bank service application is submitted by the customer personally or online. Terms and Conditions of Complex Banking Services can be found here.
• Under the RA law On Withholding Tax, the interest paid by the bank to an individual depositor (resident and non-resident) will be subject to taxation at 10% of the gained income.
• No other fees will be charged when signing a deposit agreement and during its validity. In case of withdrawing a cash deposit placed in non-cash manner, you will be charged with a cash withdrawal fee according to our Tariffs of Cash Operations.
• Information on annual interest yield can be found in section Important information of Deposits.