Deposits
Deposit «Capital +»
At depositor’s request interest capitalization is made thus enabling depositors to have maximal yield. All depositors are granted ArCa or Visa Electron plastic cards.
Deposit «On demand-privileged»
Deposit on demand with revisable interest rate. Depositor can make unlimited withdrawals and replenishments during the whole period of deposit validity. In case of zeroizing account or partial withdrawal depositor is paid the accrued interest.
ARMENIAN DEPOSIT GUARANTEE FUND
The deposits placed in the bank are guaranteed by the Deposit Guarantee Fund, in accordance with the legislation of RA.
The guaranteed deposits limits are as follows:
The guaranteed deposits limits are as follows:
- only for deposits in AMD – 4 million AMD,
- only for deposits in foreign currency – 2 million AMD
- for deposits in AMD (over 2 million) and for deposits in foreign currency – up to 4 million AMD (only deposits in AMD are guaranteed )
- for deposits in AMD (less than 2 million) and for deposits in foreign currency – deposits in AMD are fully guaranteed and the banking deposits in foreign currency are guaranteed equal to the difference of 2 million AMD and reimbursed banking deposit in AMD.
All the deposits in AMD placed in the same bank are considered to be one deposit, all the deposits in foreign currency are also considered to be one deposit. The joint deposit is a separate deposit in proportion to the share fixed in the contract.
Updated: 10/08/18 16:15