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State support account


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.


Account opening


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