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
- The client can deposit both at the Bank's location and through remote management systems:
- To deposit through remote management systems, the client must be a registered customer of the Bank:
- Deposits and the payment of accrued interest can be made both in cash and cashless:
- To make a deposit, it is necessary to present an identification document:
- The Bank may request additional documents:
- 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:
- In the case of a foreign currency deposit, the risk of exchange rate fluctuations is borne by the client:
