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 | ||||
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.