Branch/Office

Address

Head Office of the Bank

Yerevan, Republic Square, V. Sargsyan Str. 26/1

«Central» branch

c. Yerevan,   Komitas street 49, 1/3,

«Davitashen» branch

c. Yerevan, Davitashen 3rd district, 18/6

«Nor Norq» branch

c. Yerevan,  Gayi Avenue 10/6

«Kilikia» branch

c. Yerevan,  Kajaznuni street 4/1

«Yeritasardakan» branch

c.  Yerevan,  Teryan street 105/1

«Arshakunyats» branch

c. Yerevan, Arshakunyats ave.17 Building, 1

«Etchmiadzin» branch

c. Etchmiadzin, Mashtots street 69/90

«Gyumri» branch

c. Gyumri, Yerevanyan highway 7/7

Note

Storage of flammable, explosive or other dangerous property/items (including drugs/medicines, weapons, ammunition, explosive materials and devices, radioactive materials), as well as perishable goods (food, pesticides) is prohibited. The Customer also guarantees that the valuables placed in the Safe deposit box are in no way related to criminal activity.

Term

Size (h/w/l mm)

1 - 30 days

31 - 90 days

91 - 180 days

181 - 360 days

Small- 85 x 300 x 500

AMD 10,000

AMD 15,000

AMD 25,000

AMD 35,000

Medium - 170 x 300 x 500

AMD 15,000

AMD 20,000

AMD 30,000

AMD 45,000

Large - 170 x 610 x 500

AMD 20,000

AMD 30,000

AMD 45,000

AMD 60,000

Extra-large - 340 x 610 x 500

AMD 25,000

AMD 35,000

AMD 60,000

AMD 90,000

Attention

In case of early termination of the Safe deposit box agreement on the Customer's initiative, the service fee for the unused period is not subject to refund.

Note

If the Customer fails to extend the term of the agreement or fulfil the obligation of taking back the deposited valuables /emptying deposit box/, the Bank has the right to open the Safe deposit box within the terms specified by the agreement and at its own discretion either;

·      sell the valuables deposited in the Safe deposit box at an auction in accordance with the procedure established by RA legislation,

·      keep the valuables in the Safe deposit box until the Customer visits the Bank and pays for the additional storage period,

·      send the property to the police or the local self-government body of the Customer's place of residence if the valuables appear to be nonsalable (documents, keys, etc.).

Individuals

1

ID card

2

Public Service Number (PSN) or reference on the absence of PSN (only for RA residents and/or citizens); not required if the customer discloses an ID card bearing the PSN

Private entrepreneurs

1

State registration certificate issued by the RA State Register of Legal Entities Agency

2

Provided that the client deals with activities subject to licensing defined by the RA Law on Licensing, the relevant license (if available),

3

TIN (tax code), if it is not included in the state registration certificate

4

ID card

5

Public service number or a reference on the absence of PSN (required only from RA residents and / or citizens), not required if the customer submits an Identification card bearing PSN.

RA resident-legal entities

1

Statute

2

The resolution of the founder set by the RA legislation or minutes of the general meeting of the founders for the corresponding organizational-legal type of legal entities, if the information on the founder's (shareholders, participants) shares and other data is missing in the statute, moreover:

·         If the shareholders or participants are individuals/natural persons/, information on the number of shares, ID card information, registration address, telephone number (if available),

·          In case the shareholders or participants are legal entities - the statute of the organization, state registration certificate, in case of a joint stock company - a certificate on shareholders possessing more than 5% share from the Central Depository of Armenia, Taxpayer Identification Number - TIN, if it is not included in the state registration certificate,

3

Provided that the client deals with activities subject to licensing defined by the RA Law on Licensing, the relevant license (if available),

4

State registration certificate issued by the RA State Register of Legal Entities Agency,

5

Taxpayer Identification Number - TIN (tax code), if it is not included in the state registration certificate of the legal entity

6

Copies of the ID document (s) of the executive officers set by the statute.

RA non-resident legal entities

1

Statute

2

Founding documents in accordance with the legislation of the country (certificate of incumbency, certificate of incorporation, etc.)

3

Information about shareholders, participants, if not mentioned in the statute, moreover:

·         If the shareholders or participants are individuals/natural persons/, information on the number of the shares, the details of the identity document, registration address, telephone number (if available)

·         If the shareholders or participants are legal entities - the statute of the organization, the state registration certificate, in case of a joint-stock company- a certificate on the shareholders possessing more than 5% share, Taxpayer Identification Number - TIN.

4

Provided that the client deals with activities subject to licensing defined by the RA Law on Licensing, the relevant license (if available),

5

Certificate of state registration issued by the relevant authority of the given country,

6

Copies of the ID document (s) of the executive officers set by the statute.

Attention!

The Bank has the right to open the customer’s safe deposit box in the circumstances specified below irrespective of whether or not the customer has given consent or is personally present:

• In response to a court judgment/decision, decisions of the Compulsory Enforcement Service under the Republic of Armenia Ministry of Justice or other government authorities;
• If the Bank has reasonable grounds to believe that the Bank's safety and (or) operations are at threat and/or the safe deposit box contains any item prohibited under the terms and conditions or the RA law;
• There are other circumstances stipulated in the documents containing binding agreement between the parties or prescribed by the Armenian laws and regulations.

The Bank's liability cannot exceed AMD 5,000,000, regardless of the value of the property/item in the Safe deposit box. Therefore, the Customer has the right to insure at his own expense the property/item exceeding AMD 5,000,000.

In accordance with the RA Law on Combating Money Laundering and Terrorist Financing, on the basis of the Know Your Customer Principle, the Bank may require the Customer to provide additional documents or other information, as well as ask questions during verbal communication, for the purpose of conducting due diligence of the Customer.  

Based on the Foreign Account Tax Compliance Act (FATCA) Agreement concluded with the USA, the Bank can collect additional information to clear out your status of a US taxpayer.

The Bank can revise and amend Tariffs and Rates for additional services by giving a notice to the customers in the manner set under the agreement: by posting a message on the Bank’s website (www.conversebank.am), by making the information available in the Bank’s premises, by post-delivery and by other methods offered by the Bank and selected by the Customer, which shall be deemed the proper notification of the Customer.