1. The "Converse Bank" CJSC tariffs are in line with international banking standards, and the best practice, and are specified based upon the below principles.

a/ The commission is charged off the total of transaction amount, on the execution date, with the exception of special cases,

b/ Tariffs which are not specified herein are subject to special agreement:

c/ The Bank bears no responsibility for:
- Delay, errors and, losses caused by incorrect or incomplete instructions provided by Customer,
- Communication channel failures outside the Bank, or failure caused by aborted operations,
- Delay, losses and, damage caused by force majeure, the latter including natural disasters, epidemics, strikes, blockades, social upheavals and coup d'etat-s, military actions, revolutions, legislation changes, resolutions of state authorities;

d/ The Bank bears responsibility for non-performance of operations and failing to meet the terms, specified herein,

e/ All charges are in Armenian Drams.

2. As a rule, commission is applied to AMD account, if there are insufficient funds on the account the foreign currency account will be charged. The Bank reserves the right to conduct foreign exchange transactions at the Converse Bank buying board rate for specified currency.

3. For operations not established by the Tariffs hereof the Club Member should pay in accordance with general Tariffs and Rates effective in the Bank.

4. "Converse Bank" CJSC has the right to:
Change these tariffs, informing the customers at least 5 days in advance through posting a notice at its website: www.conversebank.am, and providing information in the Branches. This should be acknowledged as a proper notice.