Mastercard Debit Instant

N

Mastercard Standard  non-personalized

AMD

1. General commission fees

1.1  

Card provision (issue)****** 

free of charge

1.2  

Card service fee

free of charge

1.3  

Cash withdrawal fees*

• via ATMs of the Bank and ACBA Bank by cards

0.3%

• via ATMs of the Bank and ACBA Bank by digital cards

1,5% min 1500 AMD

• via cash terminals of the Bank

1%

• via ATMs and cash terminals of other banks – members of ARCA system by cards

1%

• via ATMs of other banks – members of ARCA system and all other banks by digital cards

1,5% min 1500 AMD

• via ATMs and cash terminals of other banks

1,0%, min 1500 AMD

• via cash-desks of the Bank without presenting the card ( also applicable in case of closing the card and the card account)

According to the terms of cash transactions for individuals

1.4  

Fee for crediting the card account

• up to 200000 AMD (or equivalent currency) via the Bank’s cash-desk***

0.5% min 100 AMD

• above 200000 AMD (or equivalent currency)

free of charge

• Card account replenishment via non-cash transfer 

According to the bank transfers and payments tariffs and terms for individuals

• Card account replenishment via ATMs of banks serviced by ARCA Processing Center  (Cash-in)

1%

• Card account replenishment via ATMs of banks not serviced by ARCA Processing Center  (Cash-in)

1,5%

1.5  

Annual simple (nominal) interest rate calculated to the card account balance***

• As of the end of day the balance is above or equal to 5,000,000 AMD

2%

• As of the end of day the balance is less 5,000,000 AMD

0%

1.6  

Fee for non-cash payment for goods and services by cards via payment terminals

0%

1.7  

Cash-back

-

2. Card loss, re-issue and closing

1. 1

Blocking of the card in the Bank's authorization system

0

1. 2

Blocking of the card in the Bank's authorization system and registering in the Stop-list

15000 AMD for 2 weeks

1. 3

Re-issuance of card based on the client’s application

2000 AMD

1. 4

Unblocking of the card in the Bank’s authorization system for entering incorrect PIN

1000 AMD

1. 5

Closing of the payment card and account

free of charge

3. Penalties and charges

Penalty for card account overdraft

48% per annum

4. Transfers by personalized card

1. 1

Card-to-card transfers to the Bank’s card

0.3%

1. 2

Card-to-card transfers to the cards of other banks-members of ARCA system

0.5%

1. 3

Card-to-card transfers to the cards of other banks- not members of ARCA system

1% min 500 AMD

1. 4

Transfers from the card account

According to the bank transfers and payments tariffs and terms for individuals (in case of closing the payment card and account, intra-bank and interbank transfers to the RA banks are made free of charge)

5. Other commission fees

1. 1

Delivery of SMS for authorizations, one-time PIN code and secret code for online transactions

15 AMD

1. 2

Provision of statements and certificates**

According to tariffs and terms of opening and servicing of bank accounts of individuals

6. Authorization limits

1. 1

Daily cash withdrawal limit

500000 AMD

1. 2

Number of daily cash withdrawals

3

1. 3

Daily noncash transaction limit

500000 AMD

1. 4

Number of daily noncash transactions

10

1. 5

Maximum limit for daily card-to-card transactions to cards issued by ArCa CJSC

2500000 AMD

1. 6

Number of daily card-to-card transactions to cards issued by ArCa CJSC

5

1. 7

Maximum limit for daily card-to-card transactions to cards not issued by ArCa CJSC

1000000 AMD

1. 8

Number of daily card-to-card transactions to cards not issued by ArCa CJSC

3

1. 9

Maximum limit for weekly card-to-card transactions to cards issued by ArCa CJSC

5000000 AMD

1. 10

Number of  weekly card-to-card transactions to cards issued by ArCa CJSC

10

1. 11

Maximum limit for weekly card-to-card transactions to cards not issued by ArCa CJSC

2500000 AMD

1. 12

Number of weekly card-to-card transactions to cards not issued by ArCa CJSC

5

1. 13

Maximum limit for monthly card-to-card transactions to cards issued by ArCa CJSC

7500000 AMD

1. 14

Number of monthly card-to-card transactions to cards issued by ArCa CJSC

20

1. 15

Maximum limit for monthly card-to-card transactions to cards not issued by ArCa CJSC

4000000 AMD

1. 16

Number of monthly card-to-card transactions to cards not issued by ArCa CJSC

10

7. Provision conditions

1. 1

The basic payment card is issued to any individual over 14, who submits the relevant and valid documents.

1. 2

The payment card specified in these tariffs may be provided as an attached card to the cardholder who has an international classic or a premium debit (settlement) card in the Bank and has submitted appropriate and valid documents specified in the List of documents required for credit card issuance.

Holder of the attached card may be any individual regardless of citizenship and age, including the basic card holder.

1. 3

The payment card is provided to individuals having a registered residence address, an e-mail and a mobile phone number in the Republic of Armenia or NKR.

1. 4

The payment cards are provided for 2 years. Payment card re-issuance is carried out for a new term in the cases defined by the Payment Cards Rules.

1. 5

The payment card account is opened in one of the currencies specified in the tariffs.

1. 6

Only one type payment card can be issued in the same currency.

1. 7

The payment card can be provided within 10 minutes after submitting to the Bank the documents specified in the List of Required Documents.

N

Mastercard Standard  non-personalized

AMD

1. General commission fees

1.1  

Card provision (issue)****** 

free of charge

1.2  

Card service fee

free of charge

1.3  

Cash withdrawal fees*

• via ATMs of the Bank and ACBA Bank by cards

0.3%

• via ATMs of the Bank and ACBA Bank by digital cards

1,5% min 1500 AMD

• via cash terminals of the Bank

1%

• via ATMs and cash terminals of other banks – members of ARCA system by cards

1%

• via ATMs of other banks – members of ARCA system and all other banks by digital cards

1,5% min 1500 AMD

• via ATMs and cash terminals of other banks

1,0%, min 1500 AMD

• via cash-desks of the Bank without presenting the card ( also applicable in case of closing the card and the card account)

According to the terms of cash transactions for individuals

1.4  

Fee for crediting the card account

• up to 200000 AMD (or equivalent currency) via the Bank’s cash-desk***

0.5% min 100 AMD

• above 200000 AMD (or equivalent currency)

free of charge

• Card account replenishment via non-cash transfer 

According to the bank transfers and payments tariffs and terms for individuals

• Card account replenishment via ATMs of banks serviced by ARCA Processing Center  (Cash-in)

1%

• Card account replenishment via ATMs of banks not serviced by ARCA Processing Center  (Cash-in)

1,5%

1.5  

Annual simple (nominal) interest rate calculated to the card account balance***

• As of the end of day the balance is above or equal to 5,000,000 AMD

2%

• As of the end of day the balance is less 5,000,000 AMD

0%

1.6  

Fee for non-cash payment for goods and services by cards via payment terminals

0%

1.7  

Cash-back

-

2. Card loss, re-issue and closing

1. 1

Blocking of the card in the Bank's authorization system

0

1. 2

Blocking of the card in the Bank's authorization system and registering in the Stop-list

15000 AMD for 2 weeks

1. 3

Re-issuance of card based on the client’s application

2000 AMD

1. 4

Unblocking of the card in the Bank’s authorization system for entering incorrect PIN

1000 AMD

1. 5

Closing of the payment card and account

free of charge

3. Penalties and charges

Penalty for card account overdraft

48% per annum

4. Transfers by personalized card

1. 1

Card-to-card transfers to the Bank’s card

0.3%

1. 2

Card-to-card transfers to the cards of other banks-members of ARCA system

0.5%

1. 3

Card-to-card transfers to the cards of other banks- not members of ARCA system

1% min 500 AMD

1. 4

Transfers from the card account

According to the bank transfers and payments tariffs and terms for individuals (in case of closing the payment card and account, intra-bank and interbank transfers to the RA banks are made free of charge)

5. Other commission fees

1. 1

Delivery of SMS for authorizations, one-time PIN code and secret code for online transactions

15 AMD

1. 2

Provision of statements and certificates**

According to tariffs and terms of opening and servicing of bank accounts of individuals

6. Authorization limits

1. 1

Daily cash withdrawal limit

500000 AMD

1. 2

Number of daily cash withdrawals

3

1. 3

Daily noncash transaction limit

500000 AMD

1. 4

Number of daily noncash transactions

10

1. 5

Maximum limit for daily card-to-card transactions to cards issued by ArCa CJSC

2500000 AMD

1. 6

Number of daily card-to-card transactions to cards issued by ArCa CJSC

5

1. 7

Maximum limit for daily card-to-card transactions to cards not issued by ArCa CJSC

1000000 AMD

1. 8

Number of daily card-to-card transactions to cards not issued by ArCa CJSC

3

1. 9

Maximum limit for weekly card-to-card transactions to cards issued by ArCa CJSC

5000000 AMD

1. 10

Number of  weekly card-to-card transactions to cards issued by ArCa CJSC

10

1. 11

Maximum limit for weekly card-to-card transactions to cards not issued by ArCa CJSC

2500000 AMD

1. 12

Number of weekly card-to-card transactions to cards not issued by ArCa CJSC

5

1. 13

Maximum limit for monthly card-to-card transactions to cards issued by ArCa CJSC

7500000 AMD

1. 14

Number of monthly card-to-card transactions to cards issued by ArCa CJSC

20

1. 15

Maximum limit for monthly card-to-card transactions to cards not issued by ArCa CJSC

4000000 AMD

1. 16

Number of monthly card-to-card transactions to cards not issued by ArCa CJSC

10

7. Provision conditions

1. 1

The basic payment card is issued to any individual over 14, who submits the relevant and valid documents.

1. 2

The payment card specified in these tariffs may be provided as an attached card to the cardholder who has an international classic or a premium debit (settlement) card in the Bank and has submitted appropriate and valid documents specified in the List of documents required for credit card issuance.

Holder of the attached card may be any individual regardless of citizenship and age, including the basic card holder.

1. 3

The payment card is provided to individuals having a registered residence address, an e-mail and a mobile phone number in the Republic of Armenia or NKR.

1. 4

The payment cards are provided for 2 years. Payment card re-issuance is carried out for a new term in the cases defined by the Payment Cards Rules.

1. 5

The payment card account is opened in one of the currencies specified in the tariffs.

1. 6

Only one type payment card can be issued in the same currency.

1. 7

The payment card can be provided within 10 minutes after submitting to the Bank the documents specified in the List of Required Documents.