"Converse Bank" CJSC is a Principal member of the VISA INTERNATIONAL payment system,which offers various services to our clients.

Currently  VISA cards are the most widespread , reliable and  requested payment cards, which are accepted and served in more than 26 million trading and service centers and  in 870 000 ATMs worldwide.

Many clients have been given the opportunity to appreciate the advantage of VISA cards as being fast, comfortable and a  reliable payment arrangement. This is based on modernization being implemented by VISA international organizations and by member banks in the area of new technologies and payment systems.

"Converse Bank" offers You VISA Electron, VISA Classic, VISA Business and VISA Gold cards.

From 2003 "Converse Bank" has been appointed with Merchant Acquiring License and Membership. It gives an opportunity to the clients to implement non cash shopping in the net of permanently widening commerce centers of "Converse Bank". Additionally   to acquire EASY and ALO cell phone charging cards, Cornet internet cards and to pay electricity and telecommunication fees through "Converse Bank" ATMs.

Also the Bank, has a long relationship  with the DINERS CLUB payment system which offers an opportunity for the use of these cards with the cooperating commercial centers.

"Converse Bank" has been a member of the "ArCa" payment system since the beginning of 2001 and offers cards and service to their clients of "ArCa" cards.

"ArCa" cards offered by "Converse Bank" allow our clients to use card account funds any time as well as enjoying various services within RA. "ArCa" card holders may buy goods and obtain cash from "Converse Bank" ATMs and cash centers. In addition they may make electronic payments and evaluate the advantage of non cash trading employing the net of "Converse Bank" commercial centers.

You may apply for  the following types of AMERICAN EXPRESS plastic cards from "Converse Bank":
AMERICAN EXPRESS Gold and Platinum

All AMERICAN EXPRESS cards can offer unlimited withdrawal possibilities, twenty-four-hour service and client support.

AMERICAN EXPRESS cards provide  various advantages, efficient service and the ability to benefit from discount supplies.

AMERICAN EXPRESS Cards may be:

1. debit - in which case the client may realize payments only from the balance on the  account.

2. credit - in which case  the client may realize payments not only from the account balance  but also from a credit line/overdraft established in the bank.

A long term credit line/overdraft is given only for withdrawals made with the card the expiration of which is defined by the end date of the card. In case of affording a long term credit line/overdraft the client is offered a preferred term "Grace period" during each month to cover the amounts used within the scope of the overdraft until the  15^th day of the next month. If the 15th of the next month is not a working day, then the amount outstanding should be covered the next working day. Within the preferred term there is no interest charged  on the overdraft.. If the used amount of credit line/overdraft is not covered by the client within the preferred term, then a credit interest of 24% per annum is charged beginning from the first day of the utilized  amount until l the payment day the next month. This interest is charged from the first day of the used overdraft amount until the end of the next month  with a maximum of sixty calendar days.

Card validity
All types of cards open by "Converse Bank" (ARCA CLASSIC, VISA ELECTRON, VISA CLASSIC, VISA BUSINESS and VISA GOLD, VISA MINI, VISA GIFT) have a validity of two years.

Instruction on Cards issuance and use