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Autumn

"Autumn" deposit

Effective September 11, 2017 through November 30, 2017, take an opportunity to open a special "Autumn" deposit with Converse Bank on below terms.

Currency AMD 
Type Without replenishment
Effective period 12 months
Annual simple interest 9% 9.5% upon opening deposit through Internet-Bank
Payment of interests At the end of the term
Minimum amount AMD 100,000 
Max aggregate deposit(s) per depositor AMD 50,000,000

Open "Autumn" Deposit and enjoy the following benefits:

  • No cash withdrawal fee is charged for cash payment of online Deposit at expiry.
  • "Special Offer" are applied to Depositors.

Early termination of the deposit

Annual interest rate of recalculation:

  • In case of termination within a period starting from the date of making the deposit up to 3 months since that date 0.1%;
  • In case of termination after 3 months and more 6%.

This condition does not apply to prolonged term of deposits.

At the Depositor’s discretion, the Deposit Agreement will be extended at expiry on the terms and conditions applied by the Bank to PROGRESS or ORAKAN (Daily) deposits at the particular date.