Updated: 17.07.2010 15:46
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Converse Club
"Converse Bank"
Flexible rate /CBFR/
 
01.09.2010 - 30.09.2010
AMD - 11.00
USD - 7.00
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Karas
Manuk
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Manuk
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Manuk
Deposit "Manuk"(by monthly investment)
Deposit "Manuk"(by end sum)

Terms

Time flies! Before you can imagine your child is already  grown up. How pleasant to find out that you have a good sum on your account in "Converse Bank".

Deposit "MANUK" is an accumulative bank deposit. The authorized representative of the Depositor may add funds to deposit:

  • At any time and of any size
  • By defined frequency (e.g. monthly) and/or by installments
The deposited installments may be calculated separately if the Depositor is willing to receive a fixed amount at the expiry of the Deposit Agreement.



Deposit currency AMD and USD
Deposit term 5-16 years
Annual interest rate CBSI1
Payment of interest Interest calculated every three months, is credited to the deposit balance.
Maturity of Bonus Deposits Number of deposit years multiplied by average deposit balance multiplied by 5 percentage point.

1CBSI - Settlement Interest rate of "Converse Bank"

Documents required by the Bank for placing a deposit:
a/ Passport of the authorized representative of the Depositor
b/ Certificate of Birth or Passport of the Depositor
c/ Social Security Card of the authorized representative of the Depositor (for RA residents)

Contract

Dear customers,

Please read the below stated very attentively:

The interests against the account amounts of the depositor are calculated on the basis of nominal interest rate and the annual profitability shows the possible income in case of depositing interest amounts. You can find the procedure and an example of calculating annual profitability in the link below:
The procedure and an example of calculating and paying deposit interests / according to Regulation 8/02 of the RA Central Bank "On calculation of annual interest profitability of bank deposits"/.

DEPOSIT "MANUK"

Carefree future of your child is in your hands.

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