The Management Board decision N 01/047-302 Լ dated 07.07.2023
Tariffs apply to already issued cards. No new cards are issued.
N |
Visa Electron |
AMD |
USD |
EUR |
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1.1 |
Card provision (issue)****** |
free of charge |
free of charge |
free of charge |
1.2 |
Card service fee* |
200 AMD per month |
200 AMD per month |
200 AMD per month |
1.3 |
Minimum card account balance |
0 AMD |
0 AMD |
0 AMD |
1.4 |
Attached card service fee |
100 AMD per month |
100 AMD per month |
100 AMD per month |
1.5 |
Cash withdrawal fees |
|
|
|
1.5.1 |
|
0.2% |
0.2% |
0.2% |
1.5.2 |
|
1,5% min 1500 AMD |
1,5% min 1500 AMD |
1,5% min 1500 AMD |
1.5.3 |
|
1% |
1% |
1% |
1.5.4 |
|
1% |
1% |
1% |
1.5.5 |
|
1.5% min 1500 AMD |
1.5% min 1500 AMD |
1.5% min 1500 AMD |
1.5.6 |
|
1.5% min 1500 AMD |
1.5% min 1500 AMD |
1.5% min 1500 AMD |
1.5.7 |
|
According to tariffs of cash transactions for individuals |
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1.6 |
Fee for crediting the card account |
|
|
|
|
|
0.5% min 100 AMD |
0.5% min 100 AMD |
0.5% min 100 AMD |
|
|
free of charge |
free of charge |
free of charge |
|
|
According to the bank transfers and payments tariffs and terms for individuals |
According to the bank transfers and payments tariffs and terms for individuals |
According to the bank transfers and payments tariffs and terms for individuals |
|
|
1% |
1% |
1% |
|
|
1,5% |
1,5% |
1,5% |
1.7 |
Annual simple (nominal) interest rate calculated to the card account balance*** |
|
|
|
|
|
2% |
0.5% |
0.1% |
|
|
0% |
0% |
0% |
1.8 |
Fee for non-cash payment for goods and services by cards via payment terminals |
0% |
0% |
0% |
|
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|
Blocking of the card in the Bank's authorization system |
0 |
0 |
0 |
|
Blocking of the card in the Bank's authorization system and registering in the Stop-list |
15000 AMD for 2 weeks |
15000 AMD for 2 weeks |
15000 AMD for 2 weeks |
|
Re-issuance of card based on the client’s application |
1000 AMD |
1000 AMD |
1000 AMD |
|
Emergency cash disbursement if the card is lost abroad |
service is unavailable |
service is unavailable |
service is unavailable |
|
Emergency temporary re-issuance abroad |
service is unavailable |
service is unavailable |
service is unavailable |
|
Unblocking of the card in the Bank’s authorization system for entering incorrect PIN |
1000 AMD |
1000 AMD |
1000 AMD |
|
Closing of the payment card and account based on the card-holder’s application |
free of charge |
free of charge |
free of charge |
|
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|
Penalty for card account overdraft |
0.30% per day |
0.30% per day |
0.30% per day |
|
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|
Card-to-card transfers to the Bank’s card |
0.30% |
0.30% |
0.30% |
|
Card-to-card transfers to the cards of other banks-members of ARCA system |
0.50% |
0.50% |
0.50% |
|
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) |
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|
Photo imprint |
service is unavailable |
service is unavailable |
service is unavailable |
|
Provision and re-issue of Priority Pass card |
service is unavailable |
service is unavailable |
service is unavailable |
|
Access to the Priority Pass service network |
service is unavailable |
service is unavailable |
service is unavailable |
|
Delivery of SMS for authorizations |
15 AMD |
15 AMD |
15 AMD |
|
Provision of statements and certificates**** |
According to tariffs and conditions of opening and service of bank accounts of individuals |
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|
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|
Daily cash withdrawal limit |
500.000 AMD |
1000 USD |
1000 EUR |
|
Number of daily cash withdrawals |
5 |
5 |
5 |
|
Daily noncash transaction limit |
1.500.000 AMD |
3000 USD |
3000 EUR |
|
Number of daily noncash transactions |
30 |
30 |
30 |
|
Maximum limit for daily card-to-card transactions to cards issued by ArCa CJSC |
2500000 AMD |
5000 USD |
4000 EUR |
|
Number of daily card-to-card transactions to cards issued by ArCa CJSC |
5 |
5 |
5 |
|
Maximum limit for daily card-to-card transactions to cards not issued by ArCa CJSC |
1000000 AMD |
2000 USD |
1700 EUR |
|
Number of daily card-to-card transactions to cards not issued by ArCa CJSC |
3 |
3 |
3 |
|
Maximum limit for weekly card-to-card transactions to cards issued by ArCa CJSC |
5000000 AMD |
10000 USD |
9000 EUR |
|
Number of weekly card-to-card transactions to cards issued by ArCa CJSC |
10 |
10 |
10 |
|
Maximum limit for weekly card-to-card transactions to cards not issued by ArCa CJSC |
2500000 AMD |
5000 USD |
4000 EUR |
|
Number of weekly card-to-card transactions to cards not issued by ArCa CJSC |
5 |
5 |
5 |
|
Maximum limit for monthly card-to-card transactions to cards issued by ArCa CJSC |
7500000 AMD |
15000 USD |
14000 EUR |
|
Number of monthly card-to-card transactions to cards issued by ArCa CJSC |
20 |
20 |
20 |
|
Maximum limit for monthly card-to-card transactions to cards not issued by ArCa CJSC |
4000000 AMD |
8000 USD |
7000 EUR |
|
Number of monthly card-to-card transactions to cards not issued by ArCa CJSC |
10 |
10 |
10 |
|
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The basic chip contactless payment card is issued to an adult individual upon provision of proper and valid documents specified in the List of documents required for debit card issuance. |
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The payment card specified in these tariffs can be provided as an attached card to a cardholder who has an international classic or premium debit (settlement) card in the Bank and has submitted appropriate and valid documents specified in the List of documents required for debit card issuance. Holder of the attached card may be any individual regardless of citizenship and age, including the basic card holder. |
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The payment card is provided to individuals having a registered residence address in the Republic of Armenia or NKR, having an e-mail address and a mobile phone number. |
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The payment card is provided for 5 years. Payment card re-issuance is carried out for a new term in the cases defined by the Payment Cards Rules. |
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The payment card account is opened in one of the currencies specified in the tariffs. |
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Only one type payment card can be issued in the same currency. |
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The payment card can be provided within 10 minutes after submitting the documents specified in the List of necessary documents. The cards are not personalized, are issued only in AMD for the term of 2 years. Otherwise, the payment card will be issued within 5 working days. The payment card is activated in accordance with the Payment Cards Rules. |
*Payment card service fee is not charged in case of a term deposit in the amount of 100.000 AMD, 200 USD, 200 EUR or above deposited in the Bank, or in case of submission of the documents defined by the list of documents required for the issuance of a Debit (settlement) card. Moreover, if the contract certifying the deposit is terminated or reduced by the amount specified in this clause, the Bank has the right to apply the tariffs specified in this tariff package.
**In case or in the process of insolvency of the Bank's self-service devices (terminals) or inaccessibility of the service for replenishment of accounts and cards at the Bank via those terminals, as well as for the Bank branches (CSD) not furnished with such devices, the tariff is set 0 (zero) AMD.
***Annual simple (nominal) interest rate is the tariff based annual interest rate, according to which the Bank calculates the interest payable to the Client.
For example: 1000 AMD * 5% = 50 AMD for 365 days
The annual percentage yield (APY) is the percentage that a person will receive as a result of a simple interest rate over the 365-day period of 1,000 drams and the interest capitalization and payment frequency.
The annual percentage yield of the deposit is the amount received from the calculation of interest payable at annual interest rate.
The procedure for calculation of annual percentage yield is defined by Regulation 8/02 of the Central Bank of Armenia "On calculation of annual percentage yield of bank deposits".
The Bank shall pay the interest to the Client's account quarterly. According to the RA law "On income tax”, the Bank acts as the tax agent of the depositor through collecting and transferring to the state budget the amount of payable income tax.
****Documents and/or information with an expired maintenance term in accordance with the legislation of the Republic of Armenia shall not be provided to the Bank's clients.
******An additional fee of AMD 50,000 is set if the Customer is identified remotely, without physically visiting the Bank for opening an account, issuing or reissuing a card. In the case of providing several cards or accounts with remote identification to the customer on the same day, one additional payment is applied.
In addition to what is specified in these tariffs, additional service commissions may be applied by the servicing bank for cash withdrawal transactions.