Converse Bank offers a new deposit - "Deposit with the right of reduction"
Terms and conditions of deposit with the right of reduction:
| Deposit currency | AMD or USD or Euro | ||||
| Deposit type | Without right of replenishment | ||||
| Minimum amount of the deposit | AMD 500,000 or USD 1,000 or Euro 1,000 | ||||
| Maximum amount of the deposit | AMD 50 mln. or USD 100,000 or Euro 100,000 | ||||
| Deposit maturity (including the period of allocation) | 2 - 5 years | ||||
| Frequency of payments in the period of allocation /chosen by the client/
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1. Regular /monthly, quarterly, semiannual/* | ||||
| 2. Mixed, but not more than 40% of the deposit amount | |||||
| Allocation of the deposit amount, starting from: | 13th month | ||||
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Annual interest rate /for the whole maturity of the deposit/ |
2 years | 3 years | 4 years | 5 years | |
| AMD | CBFR-0.75% | CBFR-0.5% | CBFR-0.25% | CBFR | |
| USD | CBFR-2.0% | CBFR-1.5% | CBFR-1.0% | CBFR-0.5% | |
| Euro | CBFR-2.0% | CBFR-1.75% | CBFR-1.5% | CBFR-1.25% | |
| Payment of interest to the client | At the end of the period, but once a year the calculated interest is accrued to the balance Of the deposit |
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| Payment to the client | At the end of each regular period of allocation | ||||
* Payment is made mandatorily in cash or non-cash manner.