STATUS Terms & Conditions

Notes

1. 1

   The minimum average positive balance maintained during the preceding three months in the customer’s accounts with the Bank (including depo accounts, savings accounts, and deposits), and, in the case of STATUS customers, also in the accounts of their immediate family members* (in AMD or the equivalent amount in foreign currency). * Immediate family members include the customer’s spouse, father, mother, son, and daughter. Immediate family members are eligible to benefit from the privileges available under the package.

2. 2

   The minimum monthly net salary and equivalent income credited to the customer’s account with the Bank (in AMD or the equivalent amount in foreign currency). From the date of becoming a STATUS customer, the customer is required to maintain sufficient balances in their accounts with the Bank to ensure an average positive balance of at least AMD 20,000,000 (or the equivalent amount in foreign currency) during the last quarter preceding the end of the subsequent 24-month period. Otherwise, at the Bank’s discretion, the customer may continue to benefit from STATUS services on a temporary basis by paying an additional monthly fee of AMD 20,000.

3. 3

   Any services and tariffs not included in this package are provided to customers in accordance with the Bank’s standard terms and tariffs․ The preferential tariffs available under the package do not apply to loans, deposits, or other banking products and services provided under special preferential terms.

4. 4

   For STATUS package, the collection of the non-compliance fee is carried out in accordance with the Bank’s internal decision.

5. 5

   Supplementary or additional cards issued under the package are subject to the same tariffs as the primary card.

6. 6

   Interest is calculated on the average monthly balance maintained on the customer’s AMD-denominated debit card account.

7. 7

   The preferential annual nominal interest rate offered under the package does not apply to loans granted to the customer prior to package activation. Upon termination of package membership, the standard interest rate applies instead of the preferential rate. If the customer subsequently rejoins the package, the preferential interest rate on the loan is not reinstated.

8. 8

   The customer is assigned a dedicated STATUS Relationship manager responsible for providing services within the scope of the benefits and services available under this Package.

9. 9

   The customer has access to dedicated service through the Bank’s Contact Center for services provided under this package.