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Tariffs
Tariffs for commissions

Commission Tariffs and Rates

Current Accounts

Current account opening currency					AMD
					USD
					EUR
					RUB
					GBP
					CHF
					CAD
					CNY
					AED
Account opening one off fee
a) for physical individuals		Within Bank’s premises^[1]						AMD 2,000
		With remote system						0
		For foreign citizens						AMD 10,000
b) for legal entities								0
c) State support account								0
Account service fee (yearly)
a) for physical individuals			0
b) for legal entities			Resident				Non resident
			AMD 2,000 for each account				Service is not provided
c) for individual entrepreneurs registered in Armenia with foreign citizenship				AMD 10 000 for each account
d) VIP physical individual				AMD 12 000
e) VIP legal entity				AMD 30,000
Account closure				0
Non-deductible balance
a)Physical individual/state support account						0
b) for legal individuals						0
Provision of transaction related statements and payment documents , with a periodicity of 30 days						0
Provision of copies of the statements and payment documents ^[2]						1-12 month old- AMD 1,000 Older than 1 year – AMD 2,000
Deposit of cash funds on the account						0
Annual interest rate calculated on the account balance^[3]
AMD	Up to AMD 5 mln					0 %
	AMD 5 mln and above					1 %
Currency						0 %
State support account^[4]						4.5%
Provision of advices^[5]						AMD 2,000
Provision of advices for audit inquires (except for RA banks)^[6]						AMD 10,000

[1] The tariff is not applicable for the accounts opened for deposit servicing purposes.
[2] Commissions include VAT
[3] Interest accrual is calculated on quarterly basis.
[4] Interest accrual is calculated on annual basis.
[5] Commissions include VAT
[6] Commissions include VAT