Deposits are accepted from individuals and legal entities at all Bank branches and offices. The customers having put their money in Symphonic Deposit should transfer at least 0.25 percentage points of their future deposit yield as financial support to the account of the Foundation for Support of the Armenian State Symphony Orchestra.
Deposits are accepted from individuals and legal entities at all Bank branches and offices. The customers having put their money in Symphonic Deposit should transfer at least 0.25 percentage points of their future deposit yield as financial support to the account of the Foundation for Support of the Armenian State Symphony Orchestra. In the case interest rates are payable on a regular (monthly, quarterly, semi-annual and annual) basis, the deposits denominated in AMD will be paid at the interest rate 0.5% lower than the one indicated in the above scale, while for deposits denominated in USD, Euros and RUB, an interest rate 0.25% lower than those indicated in the above scale will be applied. Depositors can replenish (increase) their Deposit amount starting AMD 200, 000, USD 500, Euro 500 or RUB 30, 000 as the minimum amounts. In the case of deposits allowing customers to increase the initial amounts, for AMD-denominated deposits the Bank will apply 0.5% lower, and for deposits in USD, EURO and RUB 0.25% lower interest rates than those indicated in the above interest rate scale. The total amount of all additionally deposited sums should not exceed the initial deposit amount. During the last 3 (three) months of the deposit agreement no replenishment is allowed. No premature partial withdrawal is allowed. In case of premature termination by the depositor of the deposit agreement the Bank will re-calculate the interest yield (while the interest yield transferred to the Foundation for Support of the Armenian State Symphony Orchestra will remain unchanged) on the basis of the interest rates as follows:
