The Management Board decision N 01/047-302 Լ dated 07.07.2023
N |
Type of payment card |
ArCa Classic |
Visa Classic /MasterCard Standard |
Visa Individual |
Visa Gold Debit |
MasterCard Black |
||||||||
|
Currency |
AMD |
AMD |
AMD |
AMD |
AMD |
||||||||
|
||||||||||||||
|
Card provision (issue) |
free of charge |
free of charge |
free of charge |
free of charge |
free of charge |
||||||||
1. 2 | Card provision (issue)****** receiving additional services********* | 7000 AMD | 7000 AMD | 7000 AMD | 7000 AMD | 7000 AMD | ||||||||
|
Card service fee |
0 AMD |
0 AMD |
400 AMD per month |
1200 AMD per month |
8000 AMD per month |
||||||||
|
Minimum card account balance |
0 AMD |
0 AMD |
0 AMD |
0 AMD |
0 AMD |
||||||||
|
Attached card monthly service fee |
200 AMD |
200 AMD |
400 AMD |
1500 AMD |
not provided as attached card |
||||||||
|
Cash withdrawal fees |
|
|
|
|
|
||||||||
|
|
0% |
0% |
0% |
0% |
0% |
||||||||
|
|
1% |
1% |
1% |
1% |
1% |
||||||||
|
|
1% |
1% |
1% |
1% |
1% |
||||||||
|
|
1% min 1500 AMD |
1% min 1500 AMD |
1% min 1500 AMD |
1% min 1500 AMD |
1% min 1500 AMD |
||||||||
|
|
1% min 1500 AMD |
1% min 1500 AMD |
1% min 1500 AMD |
1% min 1500 AMD |
1% min 1500 AMD |
||||||||
|
|
1% min 1500 AMD |
1% min 1500 AMD |
1% min 1500 AMD |
1% min 1500 AMD |
1% min 1500 AMD |
||||||||
|
|
for amounts up to 5’000’000 AMD RA / day inclusive: 0%, above 5000000 AMD - according to the terms of cash transactions for individuals |
||||||||||||
|
Fee for crediting the card account |
|
|
|
|
|
|
|||||||
|
|
0.5% min 100 AMD |
0.5% min 100 AMD |
0.5% min 100 AMD |
0.5% min 100 AMD |
0.5% min 100 AMD |
|
|||||||
|
|
free of charge |
free of charge |
free of charge |
free of charge |
free of charge |
|
|||||||
|
|
free of charge |
free of charge |
free of charge |
free of charge |
free of charge |
|
|||||||
|
|
1% |
1% |
1% |
1% |
1% |
|
|||||||
|
|
1.5% |
1.5% |
1.5% |
1.5% |
1.5% |
|
|||||||
|
Annual simple (nominal) interest rate calculated to the card account balance ** |
|
|
|
|
|
|
|||||||
|
|
2% |
2% |
2% |
3% |
3% |
|
|||||||
|
|
0% |
0% |
0% |
0% |
0% |
|
|||||||
|
Fee for non-cash payment for goods and services by cards via payment terminals |
0% |
0% |
0% |
0% |
0% |
|
|||||||
|
Cash-back |
- |
|
|||||||||||
|
||||||||||||||
|
Blocking of the card in the Bank's authorization system |
0 |
0 |
0 |
0 |
0 |
|
|||||||
|
Blocking of the card in the Bank's authorization system and registering in the Stop-list |
service is unavailable |
15000 AMD for 2 weeks |
15000 AMD for 2 weeks |
15000 AMD for 2 weeks |
15000 AMD for 2 weeks |
|
|||||||
|
Re-issuance of card based on the client’s application |
2000 AMD |
2000 AMD |
2500 AMD |
5000 AMD |
15000 AMD |
|
|||||||
|
Emergency cash disbursement if the card is lost abroad |
service is unavailable |
service is unavailable |
service is unavailable |
free of charge |
free of charge |
|
|||||||
|
Emergency temporary re-issuance abroad |
service is unavailable |
service is unavailable |
service is unavailable |
free of charge |
free of charge |
|
|||||||
|
Unblocking of the card in the Bank’s authorization system for entering incorrect PIN |
1000 AMD |
1000 AMD |
1000 AMD |
1000 AMD |
1000 AMD |
|
|||||||
|
Closing of the payment card and account based on the card-holder’s application |
free of charge |
free of charge |
free of charge |
free of charge |
free of charge |
|
|||||||
|
||||||||||||||
|
Penalty for card account overdraft |
48% per annum |
48% per annum |
48% per annum |
48% per annum |
48% per annum |
|
|||||||
|
||||||||||||||
|
Card-to-card transfers to the Bank’s card |
0.30% |
0.30% |
0.30% |
0.30% |
0.50% |
|
|||||||
|
Card-to-card transfers to the cards of other banks-members of ARCA system |
0.50% |
0.50% |
0.50% |
0.50% |
0.50% |
|
|||||||
|
Card-to-card transfers to the cards of other banks- not members of ARCA system |
1% min 500 AMD |
1% min 500 AMD |
1% min 500 AMD |
1% min 500 AMD |
1% min 500 AMD |
|
|||||||
|
Transfers from the card account |
According to the bank transfers and payments tariffs and terms for individuals (in case of closing the payment card and account - free of charge) |
||||||||||||
|
||||||||||||||
|
Provision of payment ring***** |
service is unavailable |
125000 AMD only for Visa Classic cards |
125000 AMD |
125000 AMD |
service is unavailable |
|
|||||||
|
Provision of Priority Pass card |
service is unavailable |
service is unavailable |
service is unavailable |
service is unavailable |
free of charge |
|
|||||||
|
Access to the Priority Pass service network |
service is unavailable |
service is unavailable |
service is unavailable |
service is unavailable |
free of charge |
|
|||||||
|
Delivery of SMS for authorizations, one-time PIN code and secret code for online transactions |
15 AMD |
15 AMD |
15 AMD |
free of charge |
free of charge |
|
|||||||
|
Delivery of SMS on outstanding loan liabilities |
free of charge |
free of charge |
free of charge |
free of charge |
free of charge |
|
|||||||
|
Provision of statements and certificates*** |
According to tariffs and terms of opening and servicing of bank accounts of individuals |
||||||||||||
|
||||||||||||||
|
Daily cash withdrawal limit |
500000 AMD |
500000 AMD |
500000 AMD |
1500000 AMD |
5000000 AMD |
|
|||||||
|
Number of daily cash withdrawals |
3 |
3 |
4 |
7 |
7 |
|
|||||||
|
Daily noncash transaction limit |
500000 AMD |
500000 AMD |
1000000 AMD |
3000000 AMD |
8000000 AMD |
|
|||||||
|
Number of daily noncash transactions |
10 |
10 |
10 |
10 |
10 |
|
|||||||
|
Maximum limit for daily card-to-card transactions to cards issued by ArCa CJSC |
2500000 AMD |
2500000 AMD |
2500000 AMD |
2500000 AMD |
2500000 AMD |
|
|||||||
|
Number of daily card-to-card transactions to cards issued by ArCa CJSC |
5 |
5 |
5 |
5 |
5 |
|
|||||||
|
Maximum limit for daily card-to-card transactions to cards not issued by ArCa CJSC |
1000000 AMD |
1000000 AMD |
1000000 AMD |
1000000 AMD |
1000000 AMD |
|
|||||||
|
Number of daily card-to-card transactions to cards not issued by ArCa CJSC |
3 |
3 |
3 |
3 |
3 |
|
|||||||
|
Maximum limit for weekly card-to-card transactions to cards issued by ArCa CJSC |
5000000 AMD |
5000000 AMD |
5000000 AMD |
5000000 AMD |
5000000 AMD |
|
|||||||
|
Number of weekly card-to-card transactions to cards issued by ArCa CJSC |
10 |
10 |
10 |
10 |
10 |
|
|||||||
|
Maximum limit for weekly card-to-card transactions to cards not issued by ArCa CJSC |
2500000 AMD |
2500000 AMD |
2500000 AMD |
2500000 AMD |
2500000 AMD |
|
|||||||
|
Number of weekly card-to-card transactions to cards not issued by ArCa CJSC |
5 |
5 |
5 |
5 |
5 |
|
|||||||
|
Maximum limit for monthly card-to-card transactions to cards issued by ArCa CJSC |
7500000 AMD |
7500000 AMD |
7500000 AMD |
7500000 AMD |
7500000 AMD |
|
|||||||
|
Number of monthly card-to-card transactions to cards issued by ArCa CJSC |
20 |
20 |
20 |
20 |
20 |
|
|||||||
|
Maximum limit for monthly card-to-card transactions to cards not issued by ArCa CJSC |
4000000 AMD |
4000000 AMD |
4000000 AMD |
4000000 AMD |
4000000 AMD |
|
|||||||
|
Number of monthly card-to-card transactions to cards not issued by ArCa CJSC |
10 |
10 |
10 |
10 |
10 |
|
|||||||
|
||||||||||||||
|
The basic chip contactless payment card (except for ArCA cards) is issued to an individual over 14 years of age who is a citizen of the Republic of Armenia, NKR or other country upon provision of proper and valid documents specified in the List of documents required for debit card issuance, and who is an employee of the company cooperating with the Bank under the salary project for this tariff package. |
|||||||||||||
|
The payment card is provided to individuals having a registered residence address in the Republic of Armenia or NKR and a fixed-line or a mobile phone number. |
|||||||||||||
|
The payment cards are provided for 5 years, except for ArCA cards, which are provided for 1-5 years, and Mastercard Black cards, which are provided for 1-5 years, Payment card re-issuance is carried out for a new term in the cases defined by the Payment Cards Rules. |
|||||||||||||
|
Visa Classic, Visa Gold Debit cards can be provided within 10 minutes after submitting the documents specified in the List of necessary documents. The cards are not personalized, are issued only in AMD for the term of 2 years. Otherwise, the payment card will be issued within 5 working days. The payment card is activated in accordance with the Payment Cards Rules. |
|||||||||||||
|
Within the same salary project a maximum of 2 salary cards can be issued (through which salary is received) and a maximum of 2 salary accounts can be opened. |
|||||||||||||
|
The tariff package is available for employees of the companies approved by the internal legal acts of the Bank. |
|||||||||||||
7.6.1 |
or
In some cases, in accordance with the Bank's internal legal acts, the change of the list of companies mentioned in clause 1 is made upon agreement of RBD and FD. |
*In case or in the process of insolvency of the Bank's self-service devices (terminals) or inaccessibility of the service for replenishment of accounts and cards at the Bank via those terminals, as well as for the Bank branches (CSD) not furnished with such devices, the tariff is set 0 (zero) AMD.
**Annual simple (nominal) interest rate is the tariff based annual interest rate, according to which the Bank calculates the interest payable to the Client.
For example: 1000 AMD * 5% = 50 AMD for 365 days
The annual percentage yield (APY) is the percentage that a person will receive as a result of a simple interest rate over the 365-day period of 1,000 drams and the interest capitalization and payment frequency.
The annual percentage yield of the deposit is the amount received from the calculation of interest payable at annual interest rate.
The procedure for calculation of annual percentage yield is defined by Regulation 8/02 of the Central Bank of Armenia "On calculation of annual percentage yield of bank deposits".
The Bank shall pay the interest to the Client's account quarterly. According to the RA law "On income tax”, the Bank acts as the tax agent of the depositor through collecting and transferring to the state budget the amount of payable income tax.
***Documents and/or information with an expired maintenance term in accordance with the legislation of the Republic of Armenia shall not be provided to the Bank's clients.
*****Only one payment ring is provided with one card. When ordering a payment ring for an active card, it is necessary to submit an application for re-issuance of the card.
*******An additional fee of AMD 50,000 is set if the Customer is identified remotely, without physically visiting the Bank for opening an account, issuing or reissuing a card. In the case of providing several cards or accounts with remote identification to the customer on the same day, one additional payment is applied.
********* Applicable for Mastercard Black and ArCa cards issued from 03.01.2023.
********* As part of additional services, payment card insurance is provided with an insurance amount of AMD 200,000 for a period of 1 year.