Company authorised signatories/executives can now effect cash transactions with their Corporate ATM Card 24/7.
No need to visit our branches for cash withdrawal transactions anymore.
The Bank has launched a new product designed for corporate customers. Corporate ATM cards enable corporate customers of the Bank to have an easy and quick access to their company funds. The product allows Company Director and other authorized individuals to obtain cash funds from HSBC Bank Armenia ATM network. Encashment is exempt from the encashment fee for both local and foreign currency funds.
In addition to cash withdrawal transactions Corporate ATM cards also offer a number of other features, such as transferring funds between company accounts, transferring funds to other accounts within the Bank, checking company account balances, conducting foreign exchange transactions, etc.
| Card issuance fee for the first 3 cards1 | Free |
| Additional card issuance fee1 | AMD 3,000 |
| Card replacement | AMD 3,000 |
| Monthly service fee2 | AMD 1,000 |
| Transfer of funds between accounts held at HSBC Armenia | Free |
| Daily transfer limit3 | AMD 3,000,000 |
| Cash withdrawal at bank's ATMs | Free |
| Cash withdrawal daily limit3 | AMD 3,000,000 |
1 First three cards are issued free of charge. Additional cards issuance is subject to Additional card issuance fee.
2 Monthly service fee is charged at the beginning of each month for the preceding month.
3 Cards daily transactional limit is a total limit for all ATM Corporate cards issued to the Company.