- You can make deposit account top-ups and decrease the funds during the Deposit validity period
- Opportunity to choose comfortable options of receiving interest amounts
✓ receive them every month
✓ at the end of the validity period
✓ compounding every month
- In case of opening a deposit account via ACBA Online system the annual nominal interest rate of the deposit will comprise 0.1% more than the current tariff.
- Opportunity to obtain a loan/credit line in the amount of up to 95% of the funds available on the deposit account.
The business deposit accounts can be opened by legal entities and private entrepreneurs in AMD, USD, Euro and RUR.
Minimum loan amount comprises 500.000 AMD, 1.000 USD, 1.000 EUR and 50.000 RUR.
- The validity period of the deposit can be from 1-24 months (3-24 months in case of deposits in USD, 6-24 months in case of deposits in Euro and monthly compounding option)
- The depositor has an opportunity to enter and withdraw funds from the deposit account.
- If desired the depositor can make top-ups during the whole deposit validity period except for the last 3 months maximum in the amount of 100% of the funds mentioned in the deposit agreement.
- Opportunity to withdraw funds during the whole deposit validity period except for the first 3 months maximum in the amount of 30% if the funds mentioned in the deposit agreement.
Interest amount calculation example:
If you open a business deposit account in ACBA-CREDIT AGRICOLE BANK for 24 months in the amount of 500.000 AMD, then choose the option of topping up the funds and receive the interest amounts every month, the annual nominal interest rate for your deposit will comprise 7.2%, and the total value of the interest amounts received every month will comprise 72.000 AMD.*}
*in case of not making top-ups on the main deposit amount
Learn more about the Business deposit conditions here.