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Evocabank Attracts Time Deposits

News | 2026/06/29 18:00

Evocabank Attracts Time Deposits

Conditions and Terms for Attracting Deposits

General Provisions

  • Evocabank LLC (hereinafter referred to as the Bank) attracts time deposits from legal and physical persons (residents, non-residents):
  • Deposits are accepted in Armenian drams, US dollars, euros, and Russian rubles:
  • Deposits can be accepted both in cash and cashless form:
  • The investment of a physical person is formalized by signing the application-agreement established by the Bank:
  • Deposits of physical persons are guaranteed according to the law of the Republic of Armenia:
  • The return of the deposit amount is made on the last day of the contract:
  • The payment of accrued interest is carried out according to the periodicity specified by the client in the application:
  • Commission fees related to cash transactions with deposits are established in the Bank's tariffs:
  • Accrued interest on foreign currency deposits can be paid in the currency of the deposit:
  • The depositor can obtain a loan or overdraft up to 90% of their time deposit as collateral:

Necessary Information

  1. The client can deposit both at the Bank's location and through remote management systems:
  2. To deposit through remote management systems, the client must be a registered customer of the Bank:
  3. Deposits and the payment of accrued interest can be made both in cash and cashless:
  4. To make a deposit, it is necessary to present an identification document:
  5. The Bank may request additional documents:
  6. Deposits of physical persons are guaranteed according to the law of the Republic of Armenia:
  7. The return of the deposit amount is made on the last day of the contract:
  8. In the case of a foreign currency deposit, the risk of exchange rate fluctuations is borne by the client:

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