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Tariffs

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Export Tariffs

Documentary Credits (DC)

DC/DC amendment advising	AMD 25,000 account(s) servicing one-off fee
Presentation commission	0.2% of the bill amount, min. AMD 25,000
Inward remittance fee	AMD 6,000
Discrepancies	AMD 10,000 levied on each set of discrepant documents presented
Export loans under DC	AMD 25,000 account(s) servicing one-off fee and agreed annual interest rate 12-18%, term up to 1 year
Negotiation	0.25 % of the bill amount, min. AMD 25,000 plus agreed annual interest rate 10-12%, term up to 1 year. Presentation fee is waived
Confirmation	To be agreed on case by case basis

Transfer of Documentary Credits

Transfer of the whole credit (without substitution)	0.5% of DC amount, min. AMD 30,000
Partial transfer of the credit (with or without substitution)	0.5% of transferred DC amount, min. AMD 30,000
Amendment	AMD 25,000 In addition 0.5% will be levied for amendments involving increase in DC amount on the increased amount
Discrepancies	AMD 35,000 levied on each set of discrepant documents presented
Presentation fee	0.2% of the bill amount, min AMD 25,000
Inward remittance fee	AMD 6,000
Payment commission	In accordance with Tariff of Charges of the Bank

Documentary Collections

Issuance	0.2% of collection amount, min. AMD 15,000
Amendment	AMD 15,000 In addition 0.2% will be levied for amendments involving increase in amount on the increased amount
Inward remittance fee	AMD 6,000
Discounting of avalised drafts	AMD 25,000 account(s) servicing one-off fee and agreed annual interest rate 12-18%, term up to 1 year

Note: In case of discrepancies between the Armenian and English versions of this page, the Armenian version shall prevail.

Last updated on: 06/11/2009 13:00