Deposits Tariffs

1. Deposits are accepted from natural persons and legal entities both at the Bank's offices and through the "EvocaTouch" or "EvocaOnline" remote service systems.
2. The depositor can top up (increase) their deposit amount by adding a minimum of AMD 40,000 AMD, USD 100 USD, Euro 100 EUR, or RUB 10,000. In case of placing a top-up deposit, the interest rate will be 0.5% lower than the rates of the aforementioned scale for the deposits denominated in Armenian drams, while for the deposits in US dollars, Euros and RUB the interest rate will be set 0.25% lower than those indicated above. The total amount of all top-ups cannot exceed the initial deposit amount. Increasing the deposit amount is not permitted during the final 3 (three) months before the deposit agreement expires.
3. Partial withdrawal of funds is not allowed.
4. In the event of early termination of the deposit agreement upon the depositor’s request, the deposit interest will be recalculated based on the following rates:

5. Partial withdrawal of funds is not allowed.

Additional provisions

1. At the request of an RA resident-depositor, the Bank may issue a debit card without charging an annual service fee.
2. The types of debit cards issued according to deposit amounts, are listed below:

• At the customer’s choice, cards will be provided in the currency supported by the specific card product.
• Upon the customer’s request, a card of the same class (other than Infinite card) may be issued to their family members (parents, spouse, adult children) at a 50% discount.
• For a single deposit, one free card will be issued in the depositor's name. If the depositor places more than one deposit, each deposit will be considered a separate one.
• In the event of expiration of the deposit term or early termination by the depositor of the Deposit Agreement, the servicing of the debit card issued for placement of the Deposit (except Visa Infinite debit cards) shall continue without charging an annual servicing fee until the expiry of the card's validity period. 
• In the event of early termination of the Deposit agreement by Visa Infinite cardholders or expiration of the Deposit term, the Bank has the right to also close the Visa Infinite debit card issued for the Deposit or, at the customer’s request, apply the fees and rates currently applicable by the Bank.
• The class of the card to be issued will be determined by the amount of the deposit at the time of the card opening. If the deposit amount is increased and the customer wishes to get a higher-class card, the existing card must be closed and a new higher-class card issued.
• Card replacement  upon its expiration or for any other reasons will be carried out:
• Free of charge provided the deposit is active or, at the time of its replacement the customer has another deposit placed with the Bank with an appropriate limit for which a free card has not been previously issued;
• Based on the Bank's current service fees if the deposit term has expired and not been extended.
• Other fees and terms of card service – in accordance with the Bank's fees and terms of delivery of services.

Annual percentage yield on deposits

The annual percentage yields as per deposit types, calculated according to the procedure set by the RA Central Bank, are listed below:

NIR - nominal interest rate
APY - annual percentage yield