Family Time Deposit

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Family Time Deposit

Provide the prosperity of Your family today.

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Calculator

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Currency

AMD, USD, EUR, RUR

Duration of Deposit

1–24 months

The minimal amount of the Deposit

AMD 50,000, USD 200, EUR 200 or RUR 5,000

Advantages

Interest rate

More information

By investing a Family Time Deposit, ACBA-CREDIT AGRICOLE BANK will give you the possibility to get the amount of interest calculated on the amount of deposit by the end of each month and dispose of it solely.
You have the opportunity to increase the Deposit amount during the Deposit effective period, ^*
If you want, you can receive a VISA Classic/MasterCard Standard payment card, if at the moment the funds on the deposit account equal or don’t exceed 7.5 MM AMD (equal foreign currency) or VISA Gold/MasterCard Gold payment card if at the moment the funds on the deposit account exceed 7.5 MM AMD (equal foreign currency),
The provision and service of VISA Classic/MasterCard Standard and VISA Gold/MasterCard Gold payment cards (regardless of the number of accounts and implementation of transactions) is free of charge,
If you wish, a credit line up to 95% of the deposit account funds can be attached to the received AMD, USD and Euro payment card, which you can use during the deposit agreement validity period,
If you wish you can be provided with American Express Gold (link to Amex Gold page) or American Express Blue (link to Amex Blue page) card credit lines with deposit pledge in the privileged tariffs and conditions mentioned below.

Card	Annual service commission fee	Minimum limit of the credit line	Minimum amount of deposit
American Express Gold	35,000 AMD (instead of 50,000 AMD standard tariff)	1 MM AMD or corresponding foreign currency	1,250,000 AMD or corresponding foreign currency in case of purchasing the card in the same currency 1,670,000 AMD or corresponding foreign currency in case of purchasing the card in a different currency
American Express Blue	6,000 AMD (instead of 10,000 AMD standard tariff)	180,000 AMD or corresponding foreign currency	225,000 AMD or corresponding foreign currency in case of purchasing the card in the same currency 300,000 AMD or corresponding foreign currency in case of purchasing the card in a different currency

No interest is calculated when making payment transactions via credit lines attached to VISA Classic/MasterCard Standard, VISA Gold/MasterCard Gold, American Express Gold/American Express Blue payment cards until the 7^th, 14^th and 20^th day of the next month correspondingly.

* except for the last three months of the term

Payment frequency of interest income	Currency	for first 3 months	for 4-6th months	for 7-9th months	for more than 10 months
Monthly	AMD	4.25%	5.5%	6.75%	8.0%
	USD	0.5%	1.5%	2.5%	3.5%
	EUR	-	-	0.7%	1.4%
	RUR	2.0%	3.0%	4.0%	5.0%

Annual percentage yield for Family Time Deposit

This Deposit account is determined for natural persons, in AMD, USD, EUR, RUR,
The minimal amount of the Deposit for natural persons – AMD 50,000, USD 200, EUR 200 or RUR 5,000,
Family deposit validity period can last from 1-24 months
The depositor can make deposit account top-ups anytime during the validity period of deposit agreement (except for the last three months of the deposit validity period)

The depositor receives a one-time bonus at the end of the first, second and third trimesters for the previous months: 1.25 percent (annually) for AMD, 1 percent for USD and RUR and 0,5 percent (annually) for EUR calculated correspondingly towards the daily balance of the funds available on the deposit account during that months.

If desired, the depositor can receive a VISA Classic/MasterCard Standard card, if at the moment the funds available on the deposit account equal or don't exceed 7,5 MM AMD (corresponding foreign currency) or VISA Gold/MasterCard Gold card if at the moment the funds available on the deposit account equal or exceed 7,5 MM AMD (corresponding foreign currency)

From now You have an opportunity to top-up Your deposit account via ACBA Mobile application just by several clicks

Interest amount calculation example

If You open a 50,000 AMD Family deposit account in ACBA-CREDIT AGRICOLE BANK for 2 years and make monthly top-ups in the amount of 10,000 AMD, by the end of the Deposit validity period You will own 283,606 AMD.

Deposit amount (AMD)	Monthly payments amount (AMD)	The sum that You will have
Deposit amount (AMD)	Monthly payments amount (AMD)	in 6 months	in 12 months	in 24 months
50,000	10,000	81,877*	147,387	283,606
100,000	25,000	179,015	341,673	680,420
200,000	50,000	358,031	683,347	1,360,841

* The data displayed in the table may differ from the data received from the deposit calculator as the reflected data is calculated by an arbitrary date.

Learn more about time deposits by clicking here

Additional Information

Financial assistant

In case of any discrepancies in the information contained in the Site, as well as inaccurate texts in a foreign language, please be guided by the Armenian version.02.04.2020 17:11

ACBA-CREDIT AGRICOLE BANK CJSC is supervised by the CBA.

82-84 Aram Street, Yerevan, Armenia

Tel: (+374 10) 31 88 88

Fax: (+374 10) 54 34 85

E-mail: acba@acba.am

Financial system mediator