Ameriabank: Revisions in Deposit Guarantee Terms and Conditions

Ameriabank informs its clients:

Dear Client,

Please be informed that Ameriabank CJSC Notice on Deposit Guarantee Terms and Conditions has been revised based on the respective amendments in the Republic of Armenia Law “On Guarantee of Compensation of the Bank Deposits of Individuals”. Starting from December 1, 2020, the guaranteed deposit amount shall be as follows:

If you have only an AMD deposit in the insolvent  bank – AMD 16 million

If you have only a foreign currency account in the insolvent  bank – AMD 7 Million

If you have deposits both in AMD and foreign currency in the same insolvent  bank and if the amount of AMD deposit is above AMD 7 million – AMD 16 million (only the AMD deposit is guaranteed)

If you have deposits both in AMD and foreign currency in the same insolvent  bank and if the amount of AMD deposit is  below AMD 7 million – AMD 7 million (100% for AMD amount, while the guaranteed coverage for FX deposit is equal to the difference between AMD 7 million and the amount of covered AMD deposit)

For any queries please call (+37410) 561111, visit Ameriabank official website at www.ameriabank.am or any of our branches. To find out about the service network of Ameriabank, location and open hours of the branches, please visit the Service Network section on the Bank’s official website

Thank you for banking with us!

Iravaban.net

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