"Summer" Deposit
From June 1, 2016 to August 31, 2016, inclusive you can deposit your funds at Converse Bank in form of a special deposit Summer.
The action is offered only to private individuals.
Terms and conditions of deposit Summer:
| Deposit currency | AMD |
| Deposit type | Without right of replenishment |
| Simple annual interest rate | 12% |
| Payment of interest | In the beginning of the deposit term |
| Minimum amount of the deposit | AMD 100 000 |
The following additional conditions are also applied within the scopes of deposit Summer:
1. Private safe deposit boxes - fee decreased by 50%.
2. Settlement card without a grace period for payment
Settlement card without a grace period for repayment, with maturity up to one year, but not more than the end of the deposit agreement validity period, with the condition of pledging the funds available on the deposit account, with maximum amount equivalent to 75% of the deposit amount, at the following annual interest rates:
- Settlement card in AMD: 20%,
- In foreign currency: USD 12%, EUR 9%.
3. Provision of a payment card on the following conditions (until the end of the card validity period):
| Deposit amount | Card type | Card account service fee |
|
ArCa Classic |
0 | |
| If the deposit amount is up to AMD 2 mln | MasterCard Standard Visa Classic |
50% reduced rate |
| If the deposit amount is from AMD 2 mln to AMD 5 mln | Visa Gold MasterCard Gold |
50% reduced rate |
| MasterCard Standard Visa Classic |
0 | |
| If the deposit amount is from AMD 5 mln to AMD 20 mln | Visa Classic MasterCard Standard Visa Gold MasterCard Gold |
0 |
| If the deposit amount is from AMD 20 mln to AMD 100 mln | Visa Platinum | 50% reduced rate |
| Visa Classic MasterCard Standard Visa Gold MasterCard Gold |
0 | |
| If the deposit amount is AMD 100 mln and more | Visa Infinite | 50% reduced rate |
| Visa Classic MasterCard Standard Visa Gold MasterCard Gold Visa Platinum |
0 |
* At the end of the maturity term of a deposit credited in non-cash manner, the cash payment will be done without charging the encashment commission.
**In case of deposit attraction, a term deposit agreement is signed between the Bank and the Client. At the end of the deposit term, by the client’s wish, the deposit will be prolonged based on the conditions offered for the Bank’s deposit "Progress".