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Important notice

Dear Customer,
 

Starting from 01 December, 2020 new guaranteed limits for compensation of Bank deposits of individuals will be applicable as a result of changes in the RA law on “Guaranteeing the compensation of Bank deposits of individuals”.

The new limits of guaranteed deposits are as follows:
Deposit/currency
Limit
If you have a deposit only in AMD within the same bank
16 (sixteen) million Armenian drams
If you have a deposit only in foreign currency within the same bank
7 (seven) million Armenian drams
If you have deposits both in Armenian drams and in foreign currency within the same bank and if the deposit in Armenian drams is more than 7 (seven) million drams

16 (sixteen) million Armenian drams

(only the deposit in Armenian drams is guaranteed)

If you have deposits both in Armenian drams and in foreign currency within the same bank and if the deposit in Armenian drams is less than 7 (seven) million  drams

7 (seven) million Armenian drams

(the deposit in Armenian drams is fully guaranteed and the deposit in foreign currency is guaranteed in the amount of the difference between 7 (seven) million Armenian drams and the guaranteed deposit in Armenian drams)

The new limits of guaranteed deposits are as follows:
Deposit/currency
If you have a deposit only in AMD within the same bank
Limit
16 (sixteen) million Armenian drams
Deposit/currency
If you have a deposit only in foreign currency within the same bank
Limit
7 (seven) million Armenian drams
Deposit/currency
If you have deposits both in Armenian drams and in foreign currency within the same bank and if the deposit in Armenian drams is more than 7 (seven) million drams
Limit

16 (sixteen) million Armenian drams

(only the deposit in Armenian drams is guaranteed)

Deposit/currency
If you have deposits both in Armenian drams and in foreign currency within the same bank and if the deposit in Armenian drams is less than 7 (seven) million  drams
Limit

7 (seven) million Armenian drams

(the deposit in Armenian drams is fully guaranteed and the deposit in foreign currency is guaranteed in the amount of the difference between 7 (seven) million Armenian drams and the guaranteed deposit in Armenian drams)

Please contact us 24/7 at +374 60 655 000 or visit any of our Bank branches in case you have questions.

Thank you for banking with us.
 

With best regards,
“HSBC Bank Armenia” CJSC