Հաշիվների բացում, սպասարկում, փակում և կանխիկով գործառնություններ

Account opening and servicing

Banking operation type		PRIVE resident		Resident		Non-Resident
Banking operation type		Individual	Legal entity	Individual	Legal entity	Individual	Legal entity
Minimum Service Requirements at the “PRIVE” Branch a) For individual clients: i) Account opening with a service package (the package includes account opening, Internet Banking / Mobile Banking, and one Visa Infinite or MasterCard World Elite payment card without an annual service fee) — applicable if the client’s total accounts have an average daily balance of at least AMD 50,000,000 (or the equivalent amount in foreign currency) during the calendar year. b) For legal entities: i) If the client’s total accounts have an average daily balance of at least AMD 50,000,000 (or the equivalent amount in foreign currency) during the calendar year; ii) If there is a minimum annual turnover of AMD 100,000,000 (or the equivalent amount in foreign currency) on the client’s accounts during the calendar year. In case the requirements mentioned in points (a) and (b) are not met, a fee of AMD 180,000 will be applied.
1.Account opening and maintenance
Set a fee of AMD 25,000 for reviewing the information of a director, founder, or beneficiary of a legal entity registered in the Republic of Armenia who is not an Armenian citizen.
1.1 Account Opening
1.1.1. Account Opening	AMD, USD, EUR, RUR	Free	Free	Free	Free	Free	Free
1.1.1. Account Opening	Other Currency	Free	Free	1,000	1,000	5,000	5,000
1.1.2. Account opening for legal entities engaged in pawnshop and gambling activities /one-time fee per account		-	-	-	290,000	-	290,000
1.2 Annual account maintenance fee
1.2.1 Annual account service fee		Free	Free	AMD - 1,200 RUR - Free Other currency - 500	AMD - 5,000 RUR - Free Other currency – 1,000	20,000 RUR - Free	20,000 RUR - Free
1.2.2 For accounts opened to receive pensions, family budget funds, and social package accounts		Free	-	Free	-	Free	-
1.3 Minimum account balance by customer code and interest rate applied to positive account balance
1.3.1 Minimum account balance		-	-	-	-	-	-
1.3.2 Interest rate applied to positive account balance		0%	0%	0%	0%	0%	0%
1.4 Provision of information / including VAT /
1.4.1 Providing information and information on time deposits and other accounts (regardless of quantity) in Armenian, Russian and English / if the client has been with the Bank for 6 months or more		Free	Free	2,000	2,000	2,000	2,000
1.4.2 Providing information and information on time deposits and other accounts (regardless of the amount) in Armenian, Russian and English, if the client is served in the Bank. a) less than 6 months, b) was not a client of the Bank /this clause does not apply to clients of the "Privé" branch/		Free	Free	5,000	5,000	5,000	5,000
1.4.3 Regarding servicing through the money transfer system
For a term of 1 to 366 days inclusive		-	-	2,000	2,000	2,000	2,000
For 367 days and above, but not exceeding 1825 days		-	-	5,000	5,000	5,000	5,000
1.4.4 Preparation and provision of responses to audit inquiries for companies		10,000	10,000	10,000	10,000	10,000	10,000
1.4.5 Preparation and provision of responses to audit inquiries for banks		Free	Free	Free	Free	Free	Free
1.4.6 Provision of information regarding accounts opened for social package purposes, accounts opened to receive family budget funds, and accounts opened for resident pensioners		Free	Free	Free	Free	Free	Free
1.4.7 Provision of information regarding the account number		Free	Free	Free	Free	Free	Free
1.5 Provision of account statements		Free	Free	Free	Free	Free	Free
1.6 Provision of a cash checkbook / including VAT /		3,000	3,000	3,000	3,000	3,000	3,000
1.7 Account closure		Free	Free	Free	Free	Free	Free
1.8 SMS service for account movements and other information (when sent to a local operator’s number) / monthly / including VAT		Free	Free	Free	Free	Free	Free
1.8.1SMS service for account movements and other information (the fee applies only when sent to a mobile number of a non-local operator) and is charged annually at the beginning of the current year		-	-	10.000	-	10.000	-
1.9 Periodic / monthly / notifications of utility payments via phone call, SMS, or e-mail / including VAT /		Free	Free	Free	Free	Free	Free
1.10 Provision of copies of written information regarding SWIFT messages / including VAT /
1.10.1 Separate statement or document / including VAT /		Free	Free	1,000	1,000	1,000	1,000
1.11Provision of a copy for each completed transaction		Free	Free	3,000	3,000	3,000	3,000
2. Cash operations
2.1 Cash deposit to the account*
Up to AMD 50,000 inclusive		400	Free	400	Free	400	Free
Amounts of AMD 50,001 and above, or the equivalent in foreign currency
AMD		Free	Free	Free	Free	Free	Free
USD		Free	Free	Free	Free	Free	Free
EUR		Free	Free	Free	Free	Free	Free
RUB		Free	Free	Free	Free	Free	Free
GBP		3%	3%	3%	3%	3%	3%
Other Currency		Free	Free	Free	Free	Free	Free
2.2 Provision of cash deposited funds
From AMD account		Free	Free	Free	Free	Free	Free
From USD account		Free	Free	Free	Free	Free	Free
From EUR account		Free	Free	Free	Free	Free	Free
From RUB account		Free	Free	Free	Free	Free	Free
From account in other currency		Free	Free	Free	Free	Free	Free
2.3 Provision of cash from the account against non-cash credited funds (including loan amounts received under loans and credit lines)
AMD		0.3%	0.3%	0.3%	0.3%	0.3%	0.3%
USD		1%	1%	1%	1%	1%	1%
EURO		1%	1%	1%	1%	1%	1%
GBP		1%	1%	1%	1%	1%	1%
RUB		0.3%	0.3%	0.3%	0.3%	0.3%	0.3%
Other currencies		Contractual / at the interest rate set by the Bank on the payment date /	Contractual / at the interest rate set by the Bank on the payment date /	Contractual / at the interest rate set by the Bank on the payment date /	Contractual / at the interest rate set by the Bank on the payment date /	Contractual / at the interest rate set by the Bank on the payment date /	Contractual / at the interest rate set by the Bank on the payment date /
Cash withdrawal of pension funds from accounts of resident pensioners, cash withdrawal from accounts opened to receive family budget funds /where required by law/, and cash withdrawal from social package accounts /where required by law/		Free	-	Free	-	-	-
2.3.1 Cash disbursement of prepaid loan payments from the seller’s account		- Within 10 days: 0.1% - After 10 days: 0.3%	- Within 10 days: 0.1% - After 10 days: 0.3%	- Within 10 days: 0.1% - After 10 days: 0.3%	- Within 10 days: 0.1% - After 10 days: 0.3%	- Within 10 days: 0.1% - After 10 days: 0.3%	- Within 10 days: 0.1% - After 10 days: 0.3%⁠
2.3.2 a) For individual customers: for an international transfer to a bank account of AMD 20,000,000 or more, or the equivalent in foreign currency, either as a single transfer or total within one month**		In case additional examination of the transaction (Due diligence) is required, the Bank may apply an additional fee by mutual consent of the parties, unless otherwise provided in the agreement.	Not applicable	-	Not applicable	2%	Not applicable
b) Cash/non-cash deposits/withdrawals of funds to/from accounts**		-	In case additional examination of the transaction (Due diligence) is required, the Bank may apply an additional fee by mutual consent of the parties, unless otherwise provided in the agreement.	Not applicable	In case additional examination of the transaction (Due diligence) is required, the Bank may apply an additional fee by mutual consent of the parties, unless otherwise provided in the agreement.	Not applicable	In case additional examination of the transaction (Due diligence) is required, the Bank may apply an additional fee by mutual consent of the parties, unless otherwise provided in the agreement.
2.3.3 Cash counting and packaging		0,2% min 1,200 AMD	0,2% min 1,200 AMD	0,2% min 1,200 AMD	0,2% min 250 AMD	0,2% min 250 AMD	0,2% min 250 AMD
2.4 Counting and packaging of coins
Up to 50 pieces of each denomination		Free	Free	Free	Free	Free	Free
Up to AMD 50,000		600	600	600	600	600	600
50,001 – 500,000 AMD		3,600	3,600	3,600	3,600	3,600	3,600
500,001 and more AMD		11,000	11,000	11,000	11,000	11,000	11,000
2.5 Exchange of worn and damaged banknotes
Armenian dram (AMD)		Free	Free	Free	Free	Free	Free
US Dollar, Euro, and Russian Ruble		3% min 400 AMD	3% min 400 AMD	3% min 400 AMD	3% min 400 AMD	3% min 400 AMD	3% min 400 AMD
Other currencies		Contractual	Contractual	Contractual	Contractual	Contractual	Contractual
For depositing or exchanging US Dollar banknotes issued from 1996 to 2009 with a denomination of 100 USD, as well as banknotes issued from 1996 to 2004 with denominations of 5, 10, 20, and 50 USD, when conducting transactions exceeding 1,000 USD.		1%	1%	1%	1%	1%	1%
2.6 Exchange of large denomination banknotes for coins ***
Up to AMD 5,000		Free	Free	Free	Free	Free	Free
5,001 – 20,000 AMD		1% min 250 AMD	1% min 250 AMD	1% min 250 AMD	1% min 250 AMD	1% min 250 AMD	1% min 250 AMD
20,001and more AMD		1% min 600 AMD	1% min 600 AMD	1% min 600 AMD	1% min 600 AMD	1% min 600 AMD	1% min 600 AMD
2.7 Transactions with 500 EUR banknotes		Not carried out	Not carried out	Not carried out	Not carried out	Not carried out	Not carried out
3. Developoer special account
3.1 Opening of a special account		Are determined on a contractual basis.
3.2 Annual maintenance of the special account		Are determined on a contractual basis.
3.3 Interest rate applied to the positive balance of the special account		Are determined on a contractual basis.

All types of commissions charged by the Bank are collected in Armenian drams at the calculated exchange rate set by the Central Bank of the Republic of Armenia on that day.

The established tariffs also apply to customers using the “Bank-Customer” system.
Regardless of the account opening duration, the annual account maintenance fee is charged each year.

If the Bank detects that a customer has concealed pawnshop or gambling activities, the one-time account opening fees and annual maintenance fees are charged from the account opening date.

The Bank has the right to unilaterally close a customer’s bank account if the customer fails to ensure payment of the maintenance fees and minimum balance set by the Bank’s tariffs and/or has not conducted any transactions for more than one year.

* Not applicable when depositing funds into accounts for the purpose of charging other fees.

** A mutual agreement is considered to be either an additional agreement signed by both parties or the client’s acceptance of the Bank’s offer via an identified email address.

*** The fee applies if the customer is not an account holder of the Bank.

Back to list