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Cheques/Chequebooks

1. Chequebook1

Issuing chequebook Free
Placement of "Stop Payment" instruction AMD 3,000
Removal of "Stop Payment" instruction Free
Return of cheque due to insufficient funds AMD 5,000

1 Chequebooks are provided to current account holders only in AMD and USD.

2. Travellers Cheques

     HSBC Bank Armenia cjsc customers may buy US dollar and Euro Travellers Cheques at several denominations.

     Immediately after endorsement, the Cheque can be encashed at different banks, hotels, restaurants, etc. around the world.

     For encashing the Travellers Cheques a valid identification document must be presented and the Cheques endorsed
     again in the specified place.

Issuance fee

For account holders
In USD/EUR 1%, minimum
AMD 6,000
For non account holders
In USD/EUR 2,5 %, minimum
AMD 6,000

Acceptance fee

For travellers cheques issued by other banks AMD 6,000
For travellers cheques issued by HSBC Group member banks Free

Important note: Encashment of travellers' cheques are subject to aforementioned terms of cash withdrawal of non cash funds.


3. Other cheques clearing

Deposit of each cheque into the account AMD 15,000
Returned unpaid cheques are subject to a charge of AMD 10,000 plus intermediary/returning bank charges

Important note: Other bank cheques are accepted only from account holders having at least 6 (for a bank cheque) or 12 (for a personal and corporate cheque) months satisfactory banking relationship.



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

Last updated on: 01/04/2011 14:00