FEE SCHEDULE APPLICABLE FOR PRODUCTS AND SERVICES RENDERED BY ARMBUSINESSBANK CJSC

Transcription

1 Effective of by ARMBUSINESSBANK CJSC Executive Board decision dd FEE SCHEDULE APPLICABLE FOR PRODUCTS AND SERVICES RENDERED BY ARMBUSINESSBANK CJSC Banking facility (Amended) 1. Account maintenance 1.1 Account opening and servicing For each account of individuals (lump charge) Dealing accounts of individuals (Forex) (lump charge) Opening and servicing of pension accounts Opening and servicing of social package account For legal and other economic entities Opening and servicing of a bank account for sums payable to beneficiary within the framework of inclusive education 1.2 Minimum balance requirement for customer account 1 Individuals Legal entities (or the equivalent in foreign currency) All accounts of private entrepreneurs (or the equivalent in foreign currency) 1.3 Provision of a statement of account, other payment document or document on transactions made without the account following each transaction 1.4 Provision of a statement of account or other reference document via , facsimile or other means of communication (VAT included) 3 within Armenia 500 other than Armenia communication charges 1.5 Provision of a statement of account (including credit account) or copy of other payment document or document on transactions made without the account as per remoteness of a transaction (VAT included) For up to a year s remoteness For 1 to 3 years period of remoteness For 3 to 5 years period of remoteness Provision of a statement of account, as well as a document on transactions made without the account (VAT included) in Armenian in Russian or English Provision of a statement of social package account in Armenian (VAT included) Provision of a reference of account in Armenian to be submitted to the Ministry of Labor and Social Issues (VAT included) 1.7 Provision of a bank account reference and copy of a SWIFT message (VAT included) 1.8 Maintenance and servicing of account inactive in the course of 1 year 4 For individuals and private entrepreneurs In the amount of the balance of account max Fees 1 The fee is not applicable to correspondent accounts, securities depo-accounts, current accounts opened for the maintenance of credit accounts, card and deposit accounts 2 If the director and / or the holder of 10% or more percent of shares of the legal entity is a non-resident, the Bank may establish a different amount for the minimum balance of accounts 3 No tariff fee is applicable for mandatory monthly statements of accounts issued to individuals 4 This tariff is applicable if during one year no transactions are made through all accounts of the Customer with the Bank, and if there is positive balance on the Account/one of the Accounts. If there are more than one accounts in the name of the Customer, the tariff is charged separately for each account, and if there is no balance on any of the accounts, the tariff for maintaining the account shall be charged from other accounts of the Customer with the Bank. This clause does not apply to special accounts provided for under Chapter 50.1 of the Civil Code of RA 5 The annual interest rate may be changed once a quarter depending on the changes in annual interest rate of refinancing stipulated by the Board of Central Bank of Armenia 6 For transfers in other convertible currency fees of intermediary bank are charged additionally 7 BEN option expressly implies: Commitment fees of intermediary banks are charged from the beneficiary from the amount of transfer 8 OUR option expressly implies: Commitment fees of intermediary banks are charged from the ordering customer and beneficiary 9 G-OUR option expressly implies: Commitment fees of intermediary banks are charged from the ordering customer 10 No tariff fee is charged for amounts entered as a deposit 11 No tariff fee is charged for amounts entered on card accounts in EUR 12 Tariff fees for correspondent banks are fixed as per agreement

2 For legal entities In the amount of the balance of account max Preparing and providing replies (references) to audit inquiry (VAT included) Annual percentage rate applicable on the daily balance of account (Accrued interests are paid out on a monthly basis, on the last day of each month) For accounts in Armenian drams 1% For accounts in foreign currency For individual customers Accounts in RUB - 1% Accounts in USD, EUR and other currency % For legal entities and private entrepreneurs 0% Annual interest rate applied to the balance of social package 5% account 1.11 Transactions through escrow accounts real estate business 0.1% of account entry, min , max business in movable property 0.3% of account entry, min , max Account closing 1.13 Provision of cash cheque-books (VAT included) Unallocated metal accounts Currency of account purity gold Account opening and maintenance 1,500 - Individuals 1,500 - Legal entities Closing of account Account minimum balance 0 gr Minimum transaction rate through the account 1 gr Cash crediting and debiting of gold N/A Non-cash gold purchase/sale form the Bank Exchange rate of the Bank fixed for the day Transfers from account - intra-bank - other banks of RA and abroad 0,1%, minimum 9 000, maximum Cashless credit on account Interest rate accrued on account by the Bank 0% Provision of statements and references as per sections 1.3, 1.4, 1.5, 1.6 and 1.7 hereunder 1.15 State support account /family capital maintenance/ Currency of account Armenian dram Account opening and servicing Closing of account Minimum account balance Remittances from the account /intra-bank, other banks of RA/ Annual interest rate applicable to the balance of state support account 11% Maintenance and servicing of account which has been dormant for 1 year Provision of a reference of account in Armenian (VAT included) Provision of statements as per sections 1.3, 1.4, 1.5 hereunder 1.16 Accounts for cashless maintenance of state benefits (Accounts opened for servicing one-time benefits for child s birth, allowance for child care at the age of under two years, maternity benefits, funeral benefits and allowances provided under other socaila programs) Currency of account Armenian dram Account opening and servicing Closing of account Minimum account balance Remittances from the account /intra-bank, other banks of RA/ Annual interest rate applicable to the balance of account 1% Maintenance and servicing of account which has been dormant for 1 year Provision of a reference of account in Armenian (VAT included) Provision of statements as per sections 1.3, 1.4, 1.5 hereunder 1.17 Bank accounts of beneficiaries stipulated by RA Law "On Compensation of Damages Caused to the Life or Health of Military Personnel During the Defense of the Republic of Armenia" Currency of account Armenian dram Account opening and servicing Closing of account Minimum account balance Remittances from the account /intra-bank, other banks of RA/ Maintenance and servicing of account which has been dormant for 1 year Provision of a reference of account in Armenian (VAT included)

3 Provision of statements Beneficiaries are provided with Visa Classic or MC Standard cards as per clause Annual interest rate applicable to the balance of bank account and card account 6% 5 2. Mediation of services provided to participants of funded pension system 2.1 Opening of a pension account 2.2 Making amendments to personal details of the participants 2.3 Accepting documents on the selection and (or) change of the fund by the participant, exchange of pension fund shares and other documents or information, and transfer thereof to the registrar of participants 2.4 Receiving information on pension account from the registrar of participants and transfer thereof to the participant 3. Money transfers 3.1 Transfers within the system of ARMBUSINESSBANK CJSC (inter-branch remittances) in local and foreign currency 3.2 Bank-to-bank transfers In local currency (within Armenia) a) Through bank accounts b) Without account opening and less and above Express transfers (within the same banking day) in local currency within Armenia 0,1%, min 500, max Amendments to, including cancellation of, transfer order in Armenian drams In Remittances in foreign currency Other than Armenia a) Execution of money orders In US dollars, Euro and other convertible currency 6 In Russian rubles Only via OUR option b) Operations related to executed transfers 0.15%, min 3 000, max BEN 7 option 0.15%, min. 7500, max OUR 8 option G-OUR 9 option (only in USD) OUR option ,1%, min 3 000, max Return of the amount upon beneficiary s consent Amendments to terms Retrieval c) Operations related to non-executed transactions Cancelation of a transaction Within Armenia In USD and EUR through Central bank of Armenia 0,1%, min 5 000, max International money transfer systems 4.1. Funds Transfers via MONEY GRAM System Money transfers to Russia, Ukraine, Belarus, Georgia, Moldova, Tajikistan, Other countries (in U.S. dollars) Uzbekistan, Kazakhstan, Kyrgyzstan, Turkmenistan (in U.S. dollars) Amount of transfer Commitment fee /in equivalent Amount of transfer Charges /payable in equivalent / / 0,01 100,00 2,0 0,01 100,00 12,00 100,01-200,00 4,00 100,01-250,00 20,00 200,01-300,00 6,00 250,01-400,00 24,00 300,01-400,00 8,00 400,01-600,00 32,00 400,01-500,00 10,00 600,01-800,00 40,00 500,01-750,00 14,00 800, ,00 50,00 750, ,00 19, , ,00 60, , ,00 28, , ,00 75,00

4 1 500, ,00 37, , ,00 100, , ,00 46, , ,00 150, , ,00 55, , ,00 225, , ,00 64, , ,00 300, , ,00 73, , ,00 83, , ,00 92, , ,00 95, , ,00 99, , ,00 109, , ,00 119, , ,00 139, Sigue Money Transfer International Transfers (formerly Coinstar Money Transfer ) Destination country Currency Amount of transfer Charges /payable in equivalent drams/ , ,00 CIS countries, ,00 Baltic states, ,00 Georgia and other USD / EUR ,00 states maintaining ,00 Sigue Money Transfer , , , , , , RIA International Money Transfers Destination country Amount Currency Charges /payable in equivalent drams/ France, Belgium, Germany, Italy, Spain USD/EUR 2,5% min 3,5 USD/EUR Turkey, Canada, USA USD/EUR 3,5% min 5,5 USD/EUR Poland ,5% min 4,0 USD/EUR Tajikistan, Kyrgyzstan, Kazakhstan, Belarus, USD/EUR 2,5% min 3,5 USD/EUR Uzbekistan Latvia, Georgia USD/EUR 1,0% min 3,0 USD/EUR Ukraine ,6% min 3,0 USD/EUR Russian Federation USD/EUR 1,5% min 1,25 USD/EUR Moldova ,2% min 20 USD/EUR Bulgaria USD/EUR 2,5% min 5,0 USD/EUR Lithuania USD/EUR 1,5% min 2,0 USD/EUR United Kingdom USD/EUR 1,5% min 3,5 USD/EUR Other countries covering the system USD/EUR 3,0% min 3,5 USD/EUR 4.4. INTELEXPRESS International Transfers Country Amount of transfer Currency of transfer Charges /payable in equivalent drams/ Georgia, Kazakhstan, Moldova, Russia, - Tajikistan, Ukraine and United Kingdom USD / EUR 1.00% Greece, Denmark, Czech Republic, Israel - USD / EUR and Mongolia 1.50% Belgium, Germany, Spain, Italy, Norway, - Netherlands, Poland, Switzerland, Sweden, USD / EUR Ecuador, Argentina, Bolivia, Paraguay, Peru 1.80% and Chile Albania - USD / EUR 2% min. 5 USD / EUR France - USD / EUR 2.00% Romania BCR (transfer to Romanian USD / EUR - 2.3% min. 5 USD / EUR Commercial Bank) Romania S & S (transfer to Smith and Smith) - USD / EUR 1.8% min. 2 USD / EUR Romania (transfer to bank account) USD / EUR 1% min. 2 USD / EUR Bangladesh, Indonesia and Philippines USD / EUR 3 USD / EUR 5 USD / EUR 7 USD / EUR 9 USD / EUR 11 USD / EUR 13 USD / EUR 16 USD / EUR 19 USD / EUR 22 USD / EUR 25 USD / EUR 28 USD / EUR 30 USD / EUR

5 China Nepal, Guatemala, Honduras, Colombia, Costa Rica and Panama 4.5. Funds Transfers via UNISTREAM system USD / EUR 10 USD / EUR 20 USD / EUR 30 USD / EUR 40 USD / EUR 45 USD / EUR 50 USD / EUR 55 USD / EUR 60 USD / EUR - USD / EUR 1.5% min. 5 USD Type of the transfers Recipient country Amount of transfer Currency Addressless transfers Addressable transfers Bi-currency remittances Addressless and addressed transfers CIS, Russia, Georgia 4.6. Funds Transfers via CONVERSE TRANSFER system Russia On the territory of Armenia Russia, Unistream Bank Any country supporting Unistream system up to USD 20,000 up to EUR 15,000 up to RUB 900,000 - USD 0-2,999 EUR 0-2,999 RUB 0-99,999 USD 3,000-20,000 EUR 3,000-15,000 RUB 100, ,000 According to the established limits (differ by countries) up to USD 20,000 up to EUR 15,000 up to RUB 900,000 USD EUR RUB Fees /payable in equivalent drams/ 1 %.6% USD EUR RUB USD EUR RUB Transfers are made in drams, while the recipient may receive the amount in US dollars, Euro or Russian rubles USD EUR RUB 1 % 0,5% 0% According to the tariffs prescribed by the system (differ by countries) Countries Currency Amount of transfer Fees /payable in equivalent drams/ Within Armenia Other than Armenia RUB USD EUR RUB USD EUR RUB USD EUR % Payment of sums transferred only from Russia 4.8 Transfers via BEST money transfer system Countries Currency Amount Fees /payable in equivalent drams/ Russia RUB , %, but not to exceed RUB 1000 USD / EUR , %, but not to exceed USD/EUR 30 CIS countries and Georgia RUB - 1.2%, but not to exceed RUB 1400 USD / EUR - 1.2%, but not to exceed USD/EUR 40 Spain, Netherlands, Belgium EUR - 2,00% Albania, Denmark, Israel, Czech Republic, Switzerland, Sweden USD / EUR - 2,00% Bulgaria, Italy EUR - 2,00%, minimum EUR 5 United Kingdom, Vietnam USD / EUR - 1,50% Greece, Latvia, Lithuania EUR - 1,50% Egypt USD / EUR - 2,5% Indonesia EUR - EUR 10 China (Transfers to the accounts) USD / EUR up to USD / EUR USD / EUR , USD / EUR USD / EUR 25

6 Mongolia USD / EUR - 1,80% Nepal USD - 1,8% minimum USD 5 Romania EUR - 2 % minimum EUR 10 Philippines, Bangladesh EUR - EUR 10 France EUR - 2,5% 5. Acceptance of payments for check-up services 5.1 Acceptance of payments for check-up services (including provision of a slip) 5.2 Fee for reissue of the slip Safe custody 6.1 Safe custody vault VAT included Acceptance of valuables and documents on safe custody 300 (per day) (VAT included) Reception of gold on deposit (VAT included) the tariff 1000 (lump charge) refers to the gold collateral for repaid loans of the Bank 6.2 Individual safe deposit boxes (VAT included) Head office (size of the deposit-box) Branches (size of the deposit-box) 1 day 2-7 days 8-15 days days days days days days Small (417x255x75) Small (85x300x500) Medium Medium (417x255x257) (175x300x500) Large Large (410x255x380) (175x500x600) Large (650x265) Failure by Customer to hand over the safe deposit box and key after agreement validity 7. International documentary operations 7.1 International collection of payments Import collection Notice of collection order or amendments thereto Return of documents submitted for documentary collection to correspondent banks, outstanding by the customer Delivery of documents against collection payment or acceptance thereof Export collection Issue of collection order, verification and delivery of collection documents Amendments to terms of collection order, cancellation thereof included (for each day past due) %, min max ,25%, min max International documentary credits Import letter of credit Issue of L/C a) with deposition of customer funds 0,15%, min b) other security as per additional agreement Confirmation by other bank of L/C issued by tariff fee under section confirming bank s tariff ARMBUSINESSBANK CJSC Acceptance and verification of documents (per package) Acceptance of documents with non-conformities (per package) Amendments to terms and conditions of L/C Revocation/ cancellation of L/C upon beneficiary's consent Payment of L/C amount 0,15%, min , maximum Export letter of credit Advice of L/C or amendments thereto Confirmation of L/C a) with deposition of other bank funds 0,15%, min b) other security as per additional agreement Acceptance, verification and delivery of documents (per package) Amendments to terms and conditions of L/C Revocation/ cancellation of L/C Transfer of L/C 0,2%, min International bank guarantees Issue of a bank guarantee

7 7.3.1 Guarantees issued in favor of a beneficiary out of RA Ex other bank participation a) Under security of customer funds (deposition of funds on covering account) b) Other security Reissuance of a guarantee by other bank Issuance of guarantee based on the guarantee issued by other bank a) Under security of other bank funds (deposition of funds on covering account) 0,5% of guarantee amount lump charge, min , max % of guarantee amount p.a., (with monthly payments), min tariff fee as in section other bank fees 1.0% of guarantee amount p.a., (with monthly payments), min b) Other security as per additional agreement Current maintenance of guarantees Amendments to terms of guarantees (excepting increase in amount and prolongation of guarantee term) Advice of guarantee or amendments thereto Settlement of payment demand 0.3 % of amount due, min , max Verification of customer's demand for payment Servicing of а bank guarantee а) Under primary security б) Other security Additional T&Cs of inetnational documentary operations Commitment fees of intermediary banks and other actual costs are charged additionally Postal costs of ARMBUSINESSBANK CJSC are charged additionally Tariff rates for international bank guarantees are applicable also for Reserve (Stanby L/C) letter of credit 8. Bank guarantees within Armenia 8.1 Provision (issue ) of a bank guarantee One-time fee Freezing of funds available on the bank account - 0,5%, min. 10,000, max. 50, Any type of a bank guarantee under primary security Freezing of funds available on the deposit account - 1%, min. 10,000, max. 150, Bank guarantee for bid security (participation in a tender) 1,0 % of the guarantee amount, min , max Performance, Advance Payment bank guarantee 366 days and less 1-5% of the guarantee amount, min to 548 days 1,5-5,5 % of the guarantee amount, min days and above 2-6% of the guarantee amount, min Performance quality (post-completion) and other bank guarantees 2,5-6,5% of the guarantee amount, min Notice of a bank guarantee Extension of a bank guarantee validity, amendments to T&Cs 1,0-5,0% of guarantee amount, min Extension of the validity of any type of a bank guarantee under primary security, amendments to T&Cs 8.4 Payments against guarantees issued and confirmed by the Bank 8.5 Commitment fee for servicing a bank guarantee Freezing of funds available on the bank account - 0,5%, min. 10,000, max. 50,000 Freezing of funds available on the deposit account - 1%, min. 10,000, max. 150,000 0,2% of guarantee amount, min Under primary security Other security Cash operations 9.1 Cash credit on Customer s account 10 Armenian drams US dollars Other freely convertible foreign currency 11 Bank s daily tariff rate 9.2 Provision of cash from customer s account Armenian drams 0,3% US dollars 0,5% 12 Other freely convertible foreign currency Bank s daily tariff rate Provision of cash from pension account Provision of cash from state support account /where prescribed/ - Armenian drams

8 9.2.3 Casing out credit funds provided under the AUA project for The development of Turpanjyan communities Cashing out credit funds issued under Horticultural Financing project implemented by RAED PIU SA Rural Finance Facility Loans issued under the Program for Partial subsidization of interest rates on loans granted to the agro-processing sector for the procurement (purchasing) of agricultural raw materials Provision of cash from dealing accounts of individuals Provision of cash from state benefits account/accounts () Provision of cash amounts from bank account(s) opened within the framework of inclusive education () Provision of cash amounts from bank accounts of beneficiaries stipulated by RA Law "On Compensation of Damages Caused to the Life or Health of Military Personnel During the Defense of the Republic of Armenia" 9.3 Provision of cash from previously credited funds 13 Individuals Legal and other economic entities 9.4 Authentication of banknotes (VAT included) Armenian drams Other freely convertible foreign currency 0,1%, min Exchange of mutilated (old, torn, illustrated) banknotes with all important parts available Armenian drams Other freely convertible foreign currency 3% 9.6 Counting, packing and return of coins 1%, min Conveyance of cash funds through collection agency As per agreement 9.8 Cash withdrawal through POS terminals in the offices of ARMBUSINESSBANK with plastic cards of other banks 25 1% 10. Dealings in securities 10.1 Securities purchase/sale on Customer s behalf and (or) Charges are made from transaction amount account State bonds and less 0,05% and above 0,04% Other securities As per agreement Transfer of State bonds Electronic transfer 500 Documentary transfer Provision of information on the securities market 11. Bank-Customer system (Armenian Software) 11.1 System installation 11.2 Maintenance fee Monthly service fee for residents Annual service fee for non-residents Generation and provision of a digital signature 12. Internet-Banking 12.1 One-time fee for connection /including the provision of a password generating device, access to view and make transactions / 14 Individuals Legal entities and private entrepreneurs - residents and non-residents 12.2 Maintenance fee /including access to view and make transactions / 14 Individuals 3000 (per annum) Legal entities and private entrepreneurs residents 5000 (per month) Legal entities and private entrepreneurs non-residents (per annum) 12.3 Fee for connection and maintenance with access only for viewing Individuals Legal entities and private entrepreneurs residents Legal entities and private entrepreneurs non-residents 12.4 Provision of an additional password generating device Individuals Legal entities and private entrepreneurs residents Legal entities and private entrepreneurs non-residents 7 000

9 12.5 Provision of a password generating device in case of its loss or damage Loan operations 13.1 Fees for loan bids review Lump charge Agricultural and business loans extended to individuals and legal entities by RAED PIU SA Rural Finance Facility 10,000 (in case of loans up to USD 50,000 or equivalent ) 20,000 (in case of loans from USD 50,001 and above or equivalent ) Loans issued under Horticultural Financing project implemented by RAED PIU SA Rural Finance Facility Loans extended within Computer for everyone program Loans extended within Accessible vehicle for young families Consumer loans of "Student lending" project and consumer loans issued to junior and senior officers of the RA Ministry of Defense, the Police, National Security Service and Defense Forces, funded by HOME TO YOUTH refinancing credit organization Agricultural loans extended within the framework of MCA Armenia Account SNCO Water-to-Market Program Loans provided under the AUA project for The development of Turpanjyan communities Agricultural loans extended within the framework of the Fund for Assistance to Villages and Agriculture of NKR Partial subsidy of interest rates for SME commercial loans program Business loans, credit lines issued under loan program financed by the European Investment Bank Business loans within the German-Armenian Fund Renewable Energy Development program Business loans within the framework of the German Armenian Fund Economy Stabilization Lending program (Big business loans) Business loans within the German-Armenian Fund Economy Stabilization Lending program (SME loans) Business loans within the framework of the German Armenian Fund Access to funds for SMEs program Business loans within the framework of the German Armenian Fund Support to the Agricultural sector of Armenia Business loans within the framework of SMEs Development National Centre Fund Armenia Issuance of loan guarantees to SMEs program Business loans within Artsakh Investment Fund SMEs business on the account of funds provided through target loans and Partial subsidization of interest rates for SME commercial loans programs Loans extended under loan program with Development Bank of the Republic of Belarus Loans provided under loan program with Italian UBI Bank ABB-Energy-Efficiency loan Credit lines for the acquisition of Czech equipment from Czech Republic Loans issued under the Program for partial subsidization of interest rates on loans granted to the agro-processing sector for the procurement (purchasing) of agricultural raw materials Pre-Export Financing and Financing Under Export Insurance Business loans/credit lines Business loans/credit lines/overdrafts to legal entities and sole entrepreneurs under primary security ABB-Micro loan product Working capital financing Purchase order financing Overdrafts to legal entities and sole entrepreneurs Business card + overdraft Overdraft Business express Overdrafts to legal entities and sole entrepreneurs on customs cards Loans for real estate acquisition, repairing, improvement, construction ABB STANDARD loans to individuals under security of immovable property ABB GUARANT loans to individuals under suretyship 5 000

10 ABB STUDENT educational loans to individuals ABB TOURIST tourist loans to individuals ABB APPArik loans for the acquisition of CMTPL (APPA) agreement ABB AUTO loans to individuals for the acquisition of a transport facility Loans for the acquisition of property alienated by the Bank real estate vehicle ABB PRIMARY loans to individuals under security of primary collateral (funds available on deposit and bank accounts) ABB AUTO TAX loans for a vehicle custom clearance ABB AGRO GOLD agricultural loans under security of gold ABB GOLD gold secured loans ABB STANDARD + credit lines to individuals under security of immovable property ABB EXTRA + credit lines provided to individuals under security of immovable property ABB GUARANT + credit lines issued to individuals on plastic cards under suretyship ABB - SALARY + credit lines issued to individuals on the Bank cards under security of salary ABB - AFFORDABLE + credit lines to individuals under security of salary ABB PRIMARY + credit lines to individuals under security of funds available on Deposit and Bank accounts 13.2 Fee for loan maintenance Lump charge fee Agricultural and business loans extended to individuals and 0.5% (minimum 30,000) legal entities by RAED PIU SA Rural Finance Facility Loans issued under Horticultural Financing project implemented by RAED PIU SA Rural Finance Facility For up to 49 months period - 0,5% For months period - 1% For months period - 1.5% Loans extended within Computer for everyone program Loans extended within Accessible vehicle for young families Consumer loans of "Student lending" project and consumer loans issued to junior and senior officers of the RA Ministry of Defense, the Police, National Security Service and Defense Forces, funded by HOME TO YOUTH refinancing credit organization Agricultural loans within the framework of MCA Armenia Account SNCO Water-to-Market Program Loans provided under the AUA project for The development of Turpanjyan communities Agricultural loans extended within the framework of the Fund for Assistance to Villages and Agriculture of NKR Partial subsidy of interest rates for SME commercial loans issued to Agricultural sector of NKR program For loans up to For loans of For loans of and above Business loans, credit lines issued under loan program financed by the European Investment Bank Business loans within the framework of the German- 1 % of loan amount, min Armenian Fund Renewable Energy Development program Business loans within the framework of the German- 0,5% of loan amount, min Armenian Fund Economy Stabilization Lending program (Big business loans) Business loans within the framework of the German- 0,5% of loan amount, min Armenian Fund Economy Stabilization Lending program (SMEs loans) Business loans within the framework of the German- 0,5% of loan amount, min Armenian Fund Access to funds for SMEs program Business loans within the framework of the German- Armenian Fund Support to the Agricultural sector of Armenia Business loans within SMEs Development National Centre Fund Armenia Issuance of loan guarantees to SMEs program For the term of up to 24 months - 0.5% For the term of months - 1% For the term of months - 1.5% For the term of months - 2% 1% of loan amount

11 Business loans within Artsakh Investment Fund SMEs 0,5% of loan amount, min business on the account of funds provided through target loans and Partial subsidization of interest rates for SME commercial loans programs Loans extended under loan program with Development Bank 0,5% of loan amount, min of the Republic of Belarus Loans provided under loan program with Italian UBI Bank 0,5% of loan amount, min ABB-Energy-Efficiency loan For the period of months - 0.5% For the period of months - 1% For the period of months - 1.5% For the period of months - 2% Credit lines for the acquisition of Czech equipment from 1.5% of the limit of credit line Czech Republic Loans issued under the Program for partial subsidization of interest rates on loans granted to the agro-processing sector for the procurement (purchasing) of agricultural raw materials Pre-Export Financing and Financing Under Export 1% Insurance Business loans/credit lines Business loans/credit lines/overdrafts to legal entities and sole entrepreneurs under primary security ABB-Micro loan product Loan 1% Credit line 2% Financing of working capital 0,5% of loan amount, min Financing of purchase order 0,5% of loan amount, min Overdrafts to legal entities and sole entrepreneurs 1%, min Business card + overdraft 0,5% of loan amount, min Overdraft Business express 1% Overdrafts to legal entities and sole entrepreneurs on customs 1% of overdraft, min cards Loans for real estate acquisition, repairing, improvement, 0,5% of loan amount, min construction and less to to and above ABB STANDARD loans to individuals under security of 1% of loan amount, min , max immovable property ABB GUARANT loans to individuals under suretyship 2% of loan amount, min ABB STUDENT educational loans to individuals ABB TOURIST tourist loans to individuals ABB APPArik loans for the acquisition of CMTPL (APPA) 1000 agreement ABB AUTO loans to individuals for the acquisition of a 1% of loan amount, min transport facility Loans for the acquisition of property alienated by the Bank real estate vehicle 1% of loan amount, min ABB PRIMARY loans to individuals under security of primary collateral (funds available on deposit and bank accounts) ABB AUTO TAX loans for a vehicle custom clearance 2.5% 3.0% ABB AGRO GOLD agricultural loans under security of gold USD RUB USD ,000-60, USD , , USD , , USD , , USD USD ABB GOLD gold secured loans For a period of 1-12 months For a period of months and less and above

12 ABB GOLD ALTERNATIVE gold secured loans One-time fee for loan maintenance - Monthly fee for loan maintenance -.65% of the contractual amount of issued loan ABB STANDARD + credit lines to individuals under security of immovable property ABB EXTRA + credit lines provided to individuals under security of immovable property 2% of loan amount, min ABB GUARANT + credit lines issued to individuals on up to or equivalent foreign currency plastic cards under suretyship and above or equivalent foreign currency ABB - SALARY + credit lines issued to individuals under 0% security of salary received via Bank cards where stipulated under terms and conditions - 3% ABB - AFFORDABLE + credit lines to individuals under security of salary ABB PRIMARY + credit lines to individuals under security of funds available on Deposit and Bank accounts 13.3 Fee for signing and extending the validity of General agreement on conducting loan operations 13.4 Provision of a statement on credit liabilities (VAT included) Provision of a statement on credit line to legal entities for participation in the tender (VAT included) 13.6 Provision of statements on credit obligations under the social package, and on compliance with the general terms of mortgage loans (VAT included) 13.7 Giving consent to: lease of the subject of pledge change of the owner of the subject of pledge change of address of the subject of pledge divide a subject of pledge into separate units state registration of another kind in relation to the subject of pledge - Individuals (VAT incl.) Legal entities and private entrepreneurs (VAT incl.) Giving consent to: Change of state number of the collateral Departure of the subject of pledge (vehicle) out of Armenia and Nagorno-Karabakh Amendment in the technical passport - Individuals (VAT incl.) Legal entities and private entrepreneurs (VAT incl.) Change of the collateral upon approval of the Bank - Individuals (VAT incl.) Legal entities and private entrepreneurs (VAT incl.) Rescheduling upon approval of the Bank the dates of monthly repayments specified under a loan agreement pursuant to Customer s application, as well as the final term of the loan in case of extension of loan maturity. - Individuals Legal entities and private entrepreneurs Provision of a statement on repaid, archived loans, items of collateral (VAT incl.) Putting a member of the family on record at the address of a pledged real estate or removing a person from registration, upon approval of the Bank (VAT incl.) Leasing 14.1 Fee charged for the review of leasing bids /one-time fee/ Fee charged for servicing of leasing transactions /one-time 1%, minimum 150,000 fee/ 15. Factoring 15.1 Fee for bids review Fee for maintenance (assigned from total claimed amount) 1%, min , max Card operations ArCA Classic Pension Gold Card issue Card prompt issue (within 1 banking day) Card account opening Card account administration Annual service fee (In case of credit lines My ABB (In case of credit lines My ABB and My ABB ) and My ABB ) Minimum balance requirement Card validity 3 years 1 year 3 years Amount of reinforcement of account minimum balance for each additional card

13 Additional card issue Not applicable Not applicable Applicable Annual fee for additional card maintenance Card double issue for the same validity period in the event of card damage and/or theft or loss of PIN code Issue of a new card in the event of loss Subscription to SMS service (VAT included) Fee for each received SMS (VAT included) Reinforcement of a card account (cash credit) Prompt reinforcement of a card account Provision of a statement of a card account Fee for cash withdrawal at Bank ATMs and POSs 0,3% (In case of credit lines My ABB and My ABB+ - 3%) Fee for cash withdrawal at other ArCa member banks ATMs and POSs 1% (In case of credit lines My ABB and My ABB+ - 3%) 0 % 0,3% (In case of credit lines My ABB and My ABB+ - 3%) 0.5% 1% (In case of credit lines My ABB and My ABB+ - 3%) Fee for terminating and canceling an accepted transaction 0.5 % 0.5% 0.5 % Fee to cash out funds available on the card account without a card (Drawdown of interests available on the card account against time deposits is made as per tariff Fee for drawdown of funds via ATMs and POSs of other ArCa member banks Fee for cashless transactions at all ArCa member Banks sales and service points (trading through POSs) Annual interest rate accrued on a favorable card account balance Cashless transfer /conversion/ from Card account without using the Card (within the system of ARMBUSINESSBANK CJSC) % (In case of credit lines My ABB and My ABB+ - 3%) 0.5 % (In case of credit lines My ABB and My ABB+ - 3%) 0.5% 0.5 % (In case of credit lines My ABB and My ABB+ - 3%) 5% 5 % 3% 0.5% 0.5 % (In case of credit lines My ABB and My ABB+ - 3%) Card to card transfer via internet and ATM 0,5% 0.5% 0,5% Access to credit line Accessible Not applicable Accessible Maximum credit line limit up to 2 mln drams or equivalent in Applicable to definite groups of up to 4mln drams or equivalent in foreign currency foreign currency cutomers Annual rate of interest charged against credit line 10%-24% 17-10%-24% 17 Access to credit line in the currency and up to 90% of the In case of a - In case of a deposit in Armenian balance of deposit amount, if such is available 18 deposit in drams - Annual interest rate of Armenian drams - deposit +4%, rate 12% min. Annual interest In case of a deposit in foreign rate of deposit currency Annual interest rate of +4%, rate 12% deposit + 5%, rate 10% min. min. In case of a deposit in foreign currency Annual interest rate of deposit + 5%, rate 10% min. Maximum amount of transactions per day Maximum amount of each cash Maximum number of cash transactions per day Fee for cash transactions limit review one time /fixing daily transactions limit up to the fivefold/ Imaging cardholder s photo on the reverse side (VAT incl.) Card blocking Card unblocking (in case wrong PIN entered three times) Card unblocking Card closure ArCA -LADY Classic and LADY Gold / terms and conditions for servicing a discontinued card / ArCA LADY Classic LADY Gold Card account administration Annual service fee Minimum balance requirement Card validity 1 year 1 year

14 Card double issue for the same validity period in the event of card damage and/or theft or loss of PIN code Subscription to SMS service (VAT included) Fee for each received SMS (VAT included) Replenishment of a card account (cash credit) Prompt replenishment of a card account Provision of a statement of a card account Provision of an additional statement of a card account (VAT incl.) Fee for cash withdrawal at Bank ATMs and POSs 1 % (In case of credit cards 3%) 1 % (In case of credit cards 3%) Fee for cash withdrawal at other ArCa member banks ATMs and POSs Fee to cash out funds available on the card account without a card (Drawdown of interests available on the card account against time deposits is made as per tariff Fee for drawdown of funds via ATMs and POSs of other ArCa member banks Fee for cashless transactions at all ArCa member Banks trade and service outlets (trading through POSs) Annual interest rate accrued on a favorable card account balance Cashless transfer /conversion/ from Card account without using the Card (within the system of ARMBUSINESSBANK CJSC) 16 2 % (In case of credit cards 3%) 1 % (In case of credit cards 3%) 1% (In case of credit cards - 3%) 2 % (In case of credit cards 3%) 1 % (In case of credit cards 3%) 3% 3 % 1% (In case of credit cards - 3%) Card to card transfer via internet and ATM Not permissible Not permissible Access to credit line Not accessible Not accessible Maximum transaction amount per day Maximum amount of each transaction Maximum number of transactions per day Fee for cash transactions limit review one time /fixing daily transactions limit up to the fivefold/ Suspension of card Card unblocking (in case wrong PIN entered three times) Card unblocking Card closing 16.3 MasterCard / Visa International cards Maestro 20 Visa Electron MC Standard Visa Classic MC Gold Visa Gold MC Business Visa Business Visa-Customs card Card issue Card prompt issue (within 1 banking day) Card account opening and administration Annual service fee In case of maternity benefit cards /Chip/ /Chip, with tourist insurance coverage/ Card validity 3 years 3 years 2 years 2 years 2 years Debit card minimum balance requirement in the main currency of the card card account USD card account USD 5 USD 10 USD 30 USD 0 USD 0 EUR card account EUR 5 EUR 10 EUR 30 EUR 0 EUR Credit cards Credit cards minimum balance Access to credit line Accessible Accessible Accessible Accessible Accessible Maximum credit line limit Percentage rate charged on credit line Grace period for charging interests max. 1mln drams or equivalent in foreign currency max.2mln drams or equivalent in foreign currency max.5mln drams or equivalent in foreign currency max. 10 mln drams or equivalent in foreign currency max. 80 mln drams or equivalent in foreign currency 10% - 24% 17 10% - 24% 17 10% - 24% 17 15%-23% min. 14% As per loan agreement As per loan agreement As per loan agreement Not applicable Not applicable

15 Access to credit line in the currency and up to 90% of the balance of deposit amount, if such is available 18 In case of a deposit in Armenian drams - Annual interest rate of deposit +4%, rate 12% min. In case of a deposit in foreign currency Annual interest rate of deposit + 5%, rate 10% min. In case of a deposit in Armenian drams - Annual interest rate of deposit +4%, rate 12% min. In case of a deposit in foreign currency Annual interest rate of deposit + 5%, rate 10% min. In case of a deposit in Armenian drams - Annual interest rate of deposit +4%, rate 12% min. In case of a deposit in foreign currency Annual interest rate of deposit + 5%, rate 10% min Provision of additional card 21 Not applicable Applicable Applicable Not applicable Not applicable Annual service fee for additional card servicing Replenishment amount for account minimum balance per additional card (Visa Electron only in case of Visa cards) (Visa Electron) (Visa Electron only in case of Visa cards) (Visa Classic/MC Standard) (Visa Electron) (Visa Classic/MC Standard) Annual rate of interest accrued on a favorable balance of the card account 3% 3% 3% 1% Not applicable USD 0.01% 0.01% 0.01% 0.01% Not applicable EUR 0.01% 0.01% 0.01% 0.01% Not applicable Card double issue for the same validity period in the event of card damage and/or theft or loss of PIN code Activation of SMS service (VAT included) 22 Fee for each incoming SMS (VAT included) - For subscribers of mobile operators of RA and NKR For subscribers of mobile operators of other countries Replenishment of a card account (cash credit) Prompt replenishment of a card account Provision of a statement of a card account Provision of an additional statement of a card account (VAT included) Fee for cash provision at Bank ATMs and POSs 0.15 % (In case of credit lines My ABB and My ABB+ - 3%, in case of other types of loans as per the tariffs stipulated by the terms of given type of loan) 0,3% 14 (In case of credit lines ABB AVIA+, My ABB and My ABB+ - 3%, in case of other types of loans as per the tariffs stipulated by the terms of given type of loan) 0,5% (In case of credit lines ABB AVIA+ - 3%, in case of other types of loans as per the tariffs stipulated by the terms of given type of loan) 0,5% Not permissible 24

16 Fee to cash out funds available on the card account without a card (Drawdown of interests available on the card account against time deposits is made as per tariff Fee for drawdown of funds via ATMs and POSs of other ArCa member banks Fee for cash withdrawal at other ArCa member bank POSs Fee for cash withdrawal at ATMs and POSs of other banks 25 0,5% (In case of credit lines My ABB and My ABB+ - 3%, in case of other types of loans as per the tariffs stipulated by the terms of given type of loan) 1 % (In case of credit lines My ABB and My ABB+ - 3%) 1%, min (In case of credit lines My ABB and My ABB+ - 3%, min ) 0.5% 14 (In case of credit lines ABB AVIA+, My ABB and My ABB+ - 3%, in case of other types of loans as per the tariffs stipulated by the terms of given type of loan) 1% 14 (In case of credit lines ABB AVIA+, My ABB and My ABB+ - 3%) 1%, min (In case of credit lines ABB AVIA+, My ABB and My ABB+ - 3%, min ) 0.7% (In case of credit lines ABB AVIA+ - 3%, in case of other types of loans as per the tariffs stipulated by the terms of given type of loan) 1% (In case of credit lines ABB AVIA+ - 3%) 1%, min (In case of credit lines ABB AVIA+ 3%, min ) 1%, min % Not permissible 1 % Not permissible Not permissible Card to card transfer via internet and ATM (not accessible for ABB AVIA+, My ABB and My ABB+ credit cards) Fee for cashless transactions (trading through POSs) Cashless transfer /conversion/ from Card account without using the Card (within the system of ARMBUSINESSBANK CJSC) 16 0,5% (In case of credit lines My ABB and My ABB+ - 3%, in case of other types of loans as per the tariffs cash withdrawal from the Bank ATMs) 0,5% 0,5% 14 0,5% 0,5% Not permissible Not permissible 0,5% (In case of credit lines My ABB and My ABB+ - 3%, in case of other types of loans as per the tariffs cash withdrawal from the Bank ATMs) 14 0,5% (In case of credit lines My ABB and My ABB+ - 3%, in case of other types of loans as per the tariffs cash withdrawal from the Bank ATMs) 0.5 % Not permissible Maximum amount of daily transactions card account USD card account USD USD USD USD Amount in USD equivalent of EUR card account EUR 800 EUR EUR EUR Amount in EUR equivalent of Maximum amount of each cash transaction card account USD card account EUR card account Maximum number of cash transactions per day Maximum number of cashless transactions per day Fee for cash/cashless transactions limit review one time /fixing daily transactions limit up to the fivefold/ equivalent of USD 800 equivalent of EUR 700 equivalent of USD 800 equivalent of EUR 700 equivalent of USD 1000 equivalent of EUR 900 equivalent of USD 1000 equivalent of EUR 900 equivalent of USD 1000 equivalent of EUR