Evoca Online Deposit

Minimum amount	Annual interest rate by term
	91 - 180 days	181 - 365 days	366 -545 days	546 - 730 days	731 - 1095 days
AMD 100,000	6 %	8 %	9.75 %	10.25 %	10.75 %
USD 200	2 %	3 %	4.25 %	4.75 %	5.25 %
EUR 200	1 %	1.5 %	2.25 %	2.75 %	3.25 %
RUB 30,000	5 %	5.5 %	6 %	-	-

2. The deposit is accepted from Physical individuals solely through “EvocaTouche” or “EvocaOnline” remote systems. 
3. In case of regular interest payment (monthly, quarterly, semi-annual, annual) for deposits in AMD an interest rate of 0.5% lower than the above-mentioned scale is defined, whereas for deposits in USD, EUR and RUB interest rate of 0.25% lower than the above-mentioned scale is defined.
4. In case of placing deposit in AMD with possibility to replenish the amount 0.5% lower interest rate than the above-mentioned scale is defined, whereas for deposits in USD, EUR and RUB interest rate of 0.25% lower than the above-mentioned scale is defined. Deposit replenishment can be done solely through “EvocaTOUCH” or “EvocaONLINE” remote systems. The Depositor can replenish the deposit amount without minimal limit of replenished amount. The sum of all the replenished amounts cannot exceed:
   - In case of AMD, multiplier of the initial Deposit amount,
   -In case of USD, EUR and RUB the initial deposit amount.

During the last 3 (three) months of the Deposit agreement no replenishment is allowed.

5. In case of early termination of the deposit agreement as per Depositor’s request, the Bank recalculates the interest according to the following rates:

Deposit currency	Annual interest rate by term
	Up to 365 days	366 - 1095 days
AMD	0.5 %	8.75 %
USD	0.1 %	3.5 %
EUR	0.1 %	1.5 %
RUB	0.1 %	5 %

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

Additional terms

1. If the depositor is a citizen of the Republic of Armenia, the Bank can provide a payment card without charging an annual service fee.
2. The types of the suggested payment cards according to the amount of the placed deposit can be found below:

Deposit currency/ card type	MasterCard Standard/ Visa Classic	MasterCard Gold/Visa Gold	VISA Infinite
AMD	500,000 – 25,000,000	25,000,000 –50,000,000	50,000,000 and above
USD	1,000 – 50,000	50,000 – 100,000	100,000 and above
EUR	1,000 – 40,000	40,000 –  100,000	100,000 and above
RUB	60,000 – 3,000,000	3,000,000 – 7,000,000	7,000,000 and above

In case of expiration of the deposit or early termination of the Deposit Agreement by the depositor, the service of the payment card provided for the deposit shall continue to be serviced without charging the annual service fee until the expiration of the payment card, except for Visa Infinite payment cards. In case of early termination or expiration of the Deposit Agreement by Visa Infinite payment card holders, the Visa Infiite payment card provided for the Deposit is closed or, if the customer wants, operates in accordance with the current rates and rates of the Bank.

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.