Round the clock access to your business accounts
If you are interested in finding out more about HSBCnet, or to subscribe to the service, simply contact us at (+374 10) 515089
The following fees and charges are applicable to Armenia HSBCnet services:
| HSBCnet one-off fees | |
|---|---|
| HSBCnet Initial Setup and Training (including 5 Security Devices) |
AMD 45,000* (one-off) |
| Additional security device** | AMD 12,000* per item (minimum 5 devices) |
| Additional site visit | AMD 12,000* (one-off) |
| * Inclusive of VAT ** The quantity of additional security devices can be 5, 10, 15 or 20 |
|
| Provision of electronic bank accounts service via HSBCnet | |
| Monthly service fee* If at least 75% of all monthly non-cash outward transactions are done via HSBCnet | AMD 7,000 Free of charge |
| Amendment or cancellation of payment instructions in local currency | AMD 3,000 |
| Amendment or cancellation of payment instructions in foreign currencies | AMD 15,000 |
| * The AMD 7,000 monthly fee is applicable if customers use Enquiry only access and/or if less than 75% of all monthly non-cash outward transactions are done via HSBCnet. | |
When calculating the total volume of transactions submitted via HSBCnet, all of the accounts (including those ones of associates) reporting to HSBCnet profile will be taken into account.
AMD 100 charge for local payment instructions in AMD submitted via HSBCnet will not be applied.
Bank will decrease telegraphic transfer charge by 0,015% for international transfers submitted via HSBCnet.
Monthly fees (if applicable) will be automatically deducted on a quarterly basis (within the month following calendar quarter) from AMD account and in case of foreign currency account the Bank shall be entitled to convert the respective amount of the foreign currency into AMD at the Bank’s exchange rate and only after that apply the respective charge.
Other fees related to transactions effected via HSBCnet system, which are not mentioned here is available in general banking services section.