Depository Services | ardshinbank

Depository Services

“Ardhsinbank” CJSC renders depository services by state bonds of RA, corporate bonds and stocks of RA in accordance with tariffs of “Ardhsinbank” CJSC. Within the frames of rendering depository services the Bank opens depo-accounts, registration of rights and obligations towards securities, acceptance and execution of transfer, pledging, arrest and other commissions, provision of extracts and certificates regarding account balance and turnover, as well as other operations with regard to depository of securities permitted by the law.

Service

Fee

Opening of personal account

Free

Service of depo-account

- for physical entities

3000 AMD annually

- for legal entities

5000 AMD annually

Entering of securities on the customer’s depo-account

Free

Intra- and extra-depository transfer of securities

- for legal entities being qualified investor

Free

- for legal and physical entities not being qualified investor

1000 AMD

- transfer of securities as a result of brokerage transaction signed with the Bank

Free

Imposition of arrest of securities, taking off an arrest, pledging, taking off the pledge

- for legal entities being qualified investor

Free

- for legal and physical entities not being qualified investor

1000 AMD

- Imposition of arrest of securities, taking off an arrest, pledging, taking off the pledge as a result of brokerage transaction signed with the Bank

Free

Acquisition of incomes against securities, calculation, entering on the customer’s account

Free

Provision of extracts and certificates

Once a month – free

More than once - 500 AMD per each certificate or extract

Rendering of depository services by non-state securities of RA *

Service

Unit

Fee

Opening of account for physical entities

Account of securities

3'000 AMD

Opening of account for legal entities

Account of securities

5'000 AMD

Registration of amendments included in account of securities

Account of securities

1'000 AMD

Keeping of account of securities (except for securities permitted in the regulated market of RA

Nominal value (monthly) of balances of securities available on the account of the account holder  

0.0012%

Closing of account of securities

-

free

FOP or ST transfer of shares (stocks)

Total nominal value of shares (stocks) being a transaction subject (paid by transferring party)

- up to 2'000'000'000 AMD - 0.25%, min. 5'000 AMD (in case of inheritance - 3'000AMD

- above 2'000'000'000 AMD - 5'000'000 AMD

FOP or ST transfer of bonds

Total nominal value of bonds being a transaction subject (paid by transferring party)

- up to 4'000'000'000 AMD - 0.025%, min. 1'000 AMD

- above 4'000'000'000 AMD - 1'000'000 AMD

DVP transfer of shares

Total nominal value of shares (stocks) being a transaction subject

(paid by each party)

- up to 1'500'000'000 AMD - 0.3%, min 4'500 AMD
- above 1'500'000'000 AMD - 4'500'000 AMD

DVP transfer of bonds

Total nominal value of bonds being a transaction subject

 (paid by each party)

- up to 1'500'000'000 AMD - 0.03%, min. 5'000 AMD
- above 1'500'000'000 AMD - 450'000 AMD

Pledge of securities

Nominal value of securities (stocks) being pledge subject (paid by pawnshop)

- up to 2'000'000'000 AMD - 0.25%, min. 5'000 AMD
- above 2'000'000'000 AMD - 5'000'000 AMD

Freezing of securities

Nominal value of freezing securities (stocks) (paid by account holder)

- up to 3'000'000'000 AMD 0.2%, min. 6'000 AMD
- above 3'000'000'000 AMD - 6'000'000 AMD

Commercial arrest

-

free

Termination of pledge, commercial arrest and other restrictions

-

free

Issuance of an extract from account of securities

On hand

3'000 AMD

Electronic

1'000 AMD

Issuance of a certificate on operations made by account of securities

On hand

3'000 AMD

Electronic

1'000 AMD

Provision of other information upon the request of Account holder

(except for extract of account of securities and operations made by account of securities)

On hand

15'000 AMD

Electronic

10'000 AMD

* Payments provided these tariffs, which don’t include VAT, are subject to taxation by VAT, if they are not exempted from VAT by RA Legislation. In case if the amounts calculated in accordance with these tariffs, including VAT, are consisted of the whole figures and lumas, lumas are rounded down by accuracy of 10 (ten) AMD.

If due amount for payment against service is calculated by tariff expressed by an interest towards the main standard index of service and value of the main standard index of service is expressed in foreign currency, the value of such index is re-calculated by settlement exchange rate of foreign currency towards AMD stipulated by the Central Bank of RA as of this day, towards which corresponding interest is calculated.

Payments for services is made cashless (by transfer) and cash before using the services, not lumpsum due amounts are subject to transfer before the 5th working day of the month following each month.

The Bank is entitled to exact money from the Customer’s account in AMD in case if the latter fails to make payments according to these tariffs; if there are no sufficient funds on account in AMD, the Bank is entitled to demand from the Customer to pay a fine at the rate of 1% of due amount per each overdue day.

Other tariffs conditioned by depository of securities, not stipulated in this documents, shall be applied by a principle “expenses made for such operation of the Bank multiplied by 1.1 (one point one) coefficient”, having agreed with the customer beforehand.

 

  • Order for depository of securities

    Procedure of rendering depository services by state bonds of RA

    Procedure of rendering depository services by non-state bonds of RA

    • List of the required data about legal entity-customer
    • Information (in case of incomplete or old data)
    • Form of agreement on rendering depository services by state bonds of RA
    • Algorithm of depo-account opening
    • Form of service letter of transfer of the repaid off amount of bonds
    • Form of a certificate regarding depo-account
    • Form of an extract regarding depo-account
    • Form of commission of securities purchase
    • Form of commission of securities sales
    • Form of commission of securities free delivery
    • Form of commission of securities pledge
    • Form of commission of acceptance of securities as a pledge
    • Form of unilateral pledging commission of securities
    • Form of the pledgee’s commission for taking securities off the pledge
    • Form of the pledger’s commission for taking securities off the pledge
    • Form of unilateral commission for taking securities off the pledge
    • Form of commission of waiving the pledged securities
    • Form of pledger’s commission of replacing pledge of securities
    • Form of commission of replacing the securities pledger
    • Form of commission of replacing the securities pledge
    • Form of commission of imposing a ban on securities
    • Form of commission of taking a ban off the securities
    • Form of commission of transferring the arrested securities
    • Form of inquiry regarding sufficiency of funds on account in AMD
    • Form of information in case of the rejected commissions
    • Information regarding sales and purchase of bonds
    • Information regarding  execution or rejection of commission

     

    • List of the required data about physical entity-customer
    • List of the required data about legal entity-customer
    • Information (in case of incomplete or old data)
    • Form of a certificate regarding depo-account
    • Form of an extract regarding depo-account
    • Form of commission of securities free delivery
    • Commission “delivery for payment”
    • Commission of pledging securities/ accepting securities as a pledge
    • Commission of pledgee for taking securities off pledge
    • Commission for freezing the securities
    • Commission for de-freezing the securities
    • Form of inquiry regarding sufficiency of funds on account in AMD
    • Form of information in case of the rejected commissions
    • Information regarding bonds’ sales and purchase
    • Information regarding execution or rejection of commission

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