Terms and tariffs

Enjoy free account opening and servicing.

¹You can familiarize yourself with the list of required documents for respective accounts opening, as well as accounts opening and closing procedures in that account-related part of our website (links to the respective pages are available above).

² Escrow account is a one-time account service provided by the Bank for ensuring secure settlements between the parties to real estate property sale and purchase transactions.

International Visa PLUS ATM card is issued with your current account. You can choose to have two accounts attached to one ATM card and manage your accounts from ATMs. Moreover you can withdraw cash free of charge from HSBC Group ATMs worldwide.

¹ Cash withdrawal daily limit may vary due to the limits of the country/region or bank.

As a STATUS customer get a free Mastercard World Black Edition card, the best-in-class card product within Mastercard family premium-level cards introduced in Armenia.

The card package includes:

Mastercard World Black Edition card guarantees high level of security. Make fast and secure payments via innovative Contactless technology.

¹Maximum daily limit of cash withdraw is AMD 1 million to each of the accounts linked to ATM card. The service is available if ATM has cash deposit opportunity.

²Applicable on the loan encashment, not applicable for withdrawal of funds converted through FX transactions (including conversions made before 18 August 2023), and interest paid on deposits. Funds placed as time deposit with a term 91 days and more and not terminated before due date (or funds placed as a time deposit for a shorter tenor but rolled over/stayed for 91 days and more till maturity) are considered as cash.

³Not applicable for withdrawal of funds converted through FX transactions (including conversions made before 18 August 2023), interest paid on deposits and loan encashment. Funds placed as time deposit with a term 91 days and more and not terminated before due date (or funds placed as a time deposit for a shorter tenor but rolled over/stayed for 91 days and more till maturity) are considered as cash.

⁴Applicable on the exchanged amount (including conversions made before 18 August 2023) as well as loan encashment.

¹Mobile Banking service is available only to HSBC online banking users. 

*The Bank may unilaterally terminate the Phone Banking or Online/Mobile Banking agreements signed between the Bank and the customer in case no transaction is made via Phone Banking service or the user has not been active (not logged in the system) during the last 12 months.

Being a member of SWIFT global electronic payments network, we offer transfers in Armenian drams and all major currencies: USD, EUR, GBP, RUB, CHF, AUD, AED, HKD, JPY and CAD.

Important notes:

Minimum commission for any foreign currency outward remittance or Demand Draft issuance: AMD 6,000.

The bank is not liable for any refund if payment has already been effected to the beneficiary.

Intermediary/beneficiary bank(s) charges may be paid either at the expense of beneficiary or remitter, at customers’ decision and with the prior consent of the bank.

Applicable commissions if intermediary/beneficiary bank charges are paid by the remitter, for the beneficiary to receive the amount without any additional charges: AMD 5,000.

³If the actual charge amount is above equivalent of AMD 20,000 the difference between already paid commission and actual charge is subject to further debiting from remitter's account.

¹In case of AMD transfers within Armenia, if the transferred amount contains luma, the amount will be rounded up to the decimal point according to standard rounding rule.

²If the payment instruction (for amounts of up to AMD 50 million or equivalent foreign currency) is submitted to the Bank not later than 15:00 will be processed same day.

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

²Cash withdrawal of cheque amount in foreign currency is subject to a charge under encashment to non-cash funds.

¹For customers using Online Banking services.

²Balance confirmations will be presented as of the date and time of request receipt.

³If requested via Online/Mobile or Phone Banking services, reduced charge of AMD 1,000 will be applied for each copy. Documents will be sent to the branch of your choice within 3-5 working days after receipt of the request.

⁴VAT included.

As a STATUS customer enjoy preferential terms for number of other products and services.

• + 0.5% for term deposits in AMD
• + 0.25% for term deposits in USD

¹ Not applicable to the loans provided in scope of the Special offer for Personal assistance loans.

² The mentioned tariff is indicative.

Insurance can be done either by full market value of the property or by loan amount upon borrower's discretion. If the property is insured for part of its value insurance compensation will be paid in the same proportion ratio of the sum insured and the property's full market value.

Important note: Loan interest amount is being calculated based on the annual nominal interest rate, whereas the annual percentage rate or APR indicates how much would loan cost to borrower in case of repayment of interest amount and other payments under the defined timeline and terms. 

Call us on +374 (60) 655 151

or fill in a callback request form below.

Find your nearest branch to apply in person.