Evoca Online Deposit

1. The deposit is accepted from individuals exclusively through the remote systems "EvocaTouch" or "EvocaOnline".

2. In case of making a deposit with the option of additional contributions, the interest rate for deposits in Armenian drams will be 0.5% lower than the above-mentioned rates, while for deposits in US dollars, Euros, and Russian rubles, the interest rate will be 0.25% lower than the above-mentioned rates. In this case, deposit contributions can only be made through the remote systems "EvocaTouch" or "EvocaOnline". The depositor can increase (add) the deposit amount without any minimum contribution limit. The total sum of all contributions cannot exceed:

• For deposits in Armenian drams — twice the initial deposit amount;
• For deposits in US dollars, Euros, and Russian rubles — the total amount cannot exceed the initial deposit amount. No additional contributions are allowed in the last 3 (three) months of the term of the deposit agreement.

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

4. If the depositor requests early termination of the deposit agreement, the Bank recalculates the interest payments according to 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.