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 mainly charged off  on the Bank 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,
- for delays and losses by communication channel faliures outside Bank.
- 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;

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. "Converse Bank" CJSC has the right to:
 a) Change these tariffs, informing the customers at least 15 days in advance through posting a notice at its website: www.conversebank.am, and providing information in the Bank ares, via post or other means as preferred by the customer, who should be acknowledge it  as a proper notice.