More Favorable Deposit Terms
From now on, you can make a deposit in Evocabank on more favorable terms.20.02.2020
From now on, you can make a deposit in Evocabank with more favorable terms.
Having made a deposit at Evocabank, you can obtain up to 10.75% earnings on AMD deposits and up to 5.75% - on USD deposits.*
You can replenish your deposit account by an amount starting AMD 200,000 or USD 500. In this case, the interest rate will decrease by 0.5% for AMD, while for USD deposits the rate will go down by 0.25% as compared to the previous 0.5%.
You can open a deposit account both in Evocabank offices and online using EvocaTOUCH mobile app. By the way, deposits placed via the app offer better rates: classic deposit interest rate + 0.25%.
Evocabank has also improved the terms of deposit termination.
In case you need your money back before the end of the deposit agreement, the Bank will re-calculate the interest on the deposit at high rates:
- In case the deposit has been kept in the Bank for up to 365 days:
- 0.5% - for AMD deposits,
- 0.1% - for deposits in USD and other foreign currency;
- In case the deposit has been kept in the Bank for 366 – 1,095 days:
- 8.75% - for AMD deposits,
- 4.25% - for USD deposits,
- 2.25% - for Euro deposits,
- 5% - for RUB deposits.
When making a deposit agreement and throughout the entire period of deposit agreement no other fees or commissions are charged.
As a modern and innovative bank, Evocabank is improving its services to comply with highest international standards.
The reimbursement of the deposits placed with Evocabank is guaranteed by the Deposit Guarantee Fund.
* Paid interests are taxed at 10%.
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