State support account
A special account opened at Converse Bank in a child’s name, to which the one-off childbirth allowance is transferred, and usage of the funds available on this account is restricted according to the legislation of the RA.
- Type of the account - savings.
- Currency of the account - AMD.
Tariffs
| Account opening |
AMD 0 |
| Issuance of a reference for the account | AMD 0 |
| Account maintenance | AMD 0 |
| Interest rate accrued to the balance on the account | 7.5% annual (credited to the account on quarterly basis) |
| Making transfers | AMD 0 |
| Provision of a statement /duplicate of the statement (by post, electronically or in person) | AMD 0 |
| Minimum balance on the account | AMD 0 |
| Account closing | AMD 0 |