Visa Classic
Visa Classic is accepted all over the world at any service point with Visa logotype - ATMs, real and internet shops, as well as shops rendering services through phones and post offices.
-
Annual service fee
AMD 3.000
-
Currency
AMD, USD,EUR, RUB,GBP, AED
| TRANSACTION TYPE | RATES* | ||
| Card validity period | 4 years | ||
|
Currency |
AMD, USD,EUR, RUB**,GBP, AED | ||
| Annual card service fee (AMD) | 3,000 | ||
| Annual service fee for foreign citizen(AMD) | 25,000*** | ||
| Linked card annual service fee for foreign citizen(AMD) | 15,000*** | ||
| Card issuance at the Bank’s Head Office within one banking day (AMD) | 5,000 | ||
| Statement(AMD) | 500 | ||
| Current month’s statement(AMD) | 500 | ||
| Statement via e-mail (AMD) | 0 | ||
| Generating new PIN code through ATM (AMD) | 500 | ||
|
2,000 | ||
| Issuing new card in case of its loss, damage and loss of PIN code (AMD) | 1,000 | ||
| Withdrawing cash currency from the Bank’s ATMs | 0% | ||
| Withdrawing cash at ArCa system encashment points | 0.80% | ||
| Withdrawing cash abroad and at ATMs of VTB-Armenia Bank CJSC (AMD) | 1.5% min AMD 1500 |
||
|
Cardless cash withdrawal at the Bank’s counter |
In AMD - 1%, USD - 2%,EUR - 2%, RUB - 1%, GBP - 1% |
||
|
Withdrawing cash at the Bank’s counter via POS terminal** |
In AMD - 0%, USD - 1%, RUB – 0%, EUR - 1%, GBP - 1% |
||
| Non-cash transactions | free of charge | ||
| Annual interest accrued on positive card account balance | AMD | 0% | |
| USD | 0% | ||
| EUR | 0% | ||
| RUB | 0% | ||
| GBP | 0% | ||
| Total maximum number of cash withdrawal transactions allowed per day | 30 | ||
| Total maximum amount of cash withdrawal transactions allowed per day | AMD | 1.500.000 | |
| USD | 3.000 | ||
| EUR | 3.000 | ||
| RUB | 300.000 | ||
| GBP | 2.500 | ||
| UAE dirham | 13․000 | ||
| Total maximum amount per transaction | AMD | 1.500.000 | |
| USD | 3.000 | ||
| EUR | 3.000 | ||
| RUB | 300.000 | ||
| GBP | 2.500 | ||
| UAE dirham | 13․000 | ||
| Total maximum amount of transactions allowed per day | AMD | 3.000.000 | |
| USD | 7.000 | ||
| EUR | 6.000 | ||
| RUB | 600.000 | ||
| GBP | 5․000 | ||
| UAE dirham | 26․000 | ||
|
Commission charged for card-to-card transfers* (except for card-to-card transfers in case of loans with grace period provided by means of payment cards, which are subject to 1% commission fee*) |
0.3% | ||
|
In case of loans with grace period provided by means of payment cards, commission charged for card and/or card account transactions (except for cashless transactions with POS terminals (at trade and service centers, including virtual), for which no fee is charged)* |
- | ||
|
Card blocking and listing in Card Recovery Bulletin (the card is blocked for 2 weeks from the upcoming Saturday)(AMD) |
AMD 15.000 | ||
| Card unblocking | AMD 500 | ||
| Cash-in via the Bank’s ATMs | AMD | 0% | |
| Cash-in via ArCa system ATMs | AMD | 0.80% | |
| Cash crediting to the card account | 0% | ||
| SMS notification on executed transactions (AMD) | AMD 15 | ||
|
Card transaction dispute, in case of receiving objection from the Acquiring bank (second presentment) and/or arbitration of dispute (AMD) |
5,000 | ||
| SMS service for making online transactions via 3D Secure System (AMD) | Free of charge |
||
* Please be informed that on transactions made through ATMs, terminals or other online platforms of Armenian Card system member banks, the Acquiring Bank commission fee may also be applied, in the amount determined by the respective bank. Please also note that in AraratBank customer service centers (including the online platform), in addition to fees applied on other banks’ cards by the issuing bank, а 0.5% commission fee of the Acquiring Bank shall also be applied, charged at the time of transaction and summed up with the transaction amount.
** Not applied for amounts credited to bank accounts of natural persons (except for private entrepreneurs) from interests accrued over the loan funds disbursed by AraratBank, term deposits and AraratBank bonds, whereas a 3% fee shall be applied on cash disbursed (regardless of currency) at AraratBank’s counter via POS terminal by means of payment cards issued by other banks.
* including VAT
**Maximum daily limit of free cash deposit made in Russian rubles to card account is RUB 30,000. RUB-denominated deposit fee set by the Dealing Center is applied to card account deposits exceeding RUB 30,000 within a given day.
*** Card servicing fee is charged for each year.
**** Cash withdrawal fee (regardless of currency) from the Bank’s cash desk via POS terminal by means of payment cards issued by other banks - 3%.
***** Please be informed that in ARARATBANK customer service points (including the online platform), in addition to fees charged for transfers, Acquiring Bank commission is also applied, which is charged at the time of transaction and is summed up with transaction amount.
Upon receipt of the card the customer shall:
- sign on the reverse of the card
- sign both the Agreement and notification
- sign in the field designated for PIN code
Dates for crediting funds to card accounts:
- Funds credited to accounts between 17:30 of the previous business day and 9:30 of the following business day shall be activated by 10:30 of the given business day․
- Funds credited to accounts between 09:30 and 13:30 of the given business day shall be activated by 14:00 of the given business day.
- Funds credited to accounts between 13:30 and 17:30 of the given business day shall be activated on the same business day within an hour․
- Passport
- Social security card
“Your financial directory” is an electronic system which facilitates the search, comparison and selection of the most appropriate for you option among the services offered to individuals.
You have the right to communicate with the financial institution by any convenient means - by post or by e-mail. Receiving information electronically is the most convenient option. It is available 24/7, free from the risks of loss of paper information and ensures privacy.
The bank may request additional documents or other information based on the "Know your customer" principle, as well as ask additional questions during oral communication, for the purpose of due diligence of the customer defined by the RA Law "On Combating Money Laundering and Terrorist Financing".
In accordance with the agreement signed with the USA based on the Compliance Act (FATCA), the financial organization may collect additional information to determine whether you are a US taxpayer.
Page updated 18.09.2024 | 20:51
In case of discrepancy between Armenian and English versions of the information, the priority is given to the Armenian version.
