An overspend may take place in case there is a card transaction in a currency different from the card currency and if there are currency exchange rate differences.
In case of not paying the amount of the overspend, the accrued interest amount and the Card account service commission fee upon the request of the Bank the Cardholder is obliged to pay penalty to the Bank in the amount of not repaid overspend and the 0.2 (zero point two) percent interest amount accrued towards it for each past day.
The temporary suspension (block) of the card validity period based on the written or oral application of the Cardholder doesn’t assume termination of the card, as well as it doesn’t stop the collection of the Card account commission fee.
If the Card validity is terminated according to the written application of the Cardholder, the Card account service fee paid in advance is not refunded.
In case of any inconsistencies between the published Armenian and English information, the Armenian version prevails. Updated: 02.08.2016 15:24