Top of main content

Terms and tariffs

Table of contents

Eligibility

You can become STATUS customer for free if you are HSBC Bank Armenia (hereafter Bank) customer and your account data meets any of the following criteria

  • the current average aggregate credit balance of your accounts at the Bank for the last three months is not less than AMD 20 million or equivalent foreign currency 
  • you are a STATUS customer immediate family member (spouse, father, mother, son, daughter)1
  • your net monthly salary and alike payments are minimum AMD 2.5 million or equivalent foreign currency and are being transferred to your Bank account2
  • your current personal loan portfolio3 at the Bank is minimum AMD 100 million
  • you are HSBC Group Premier or Private Banking Customer 
  • the Bank may offer you to be STATUS customer, if you are shareholder or director of corporate customer of the Bank

 

In the future, if you do not meet the above set criteria you may still temporarily benefit from STATUS for AMD 20,000 per month4 on Bank’s discretion.

Family members can use STATUS service if the average credit balance of STATUS customer accounts at the Bank for the last three months was not less than AMD 20 million or equivalent foreign currency.

2 You will be given grace period to replenish your accounts within the next 24 months after becoming a Bank STATUS customer, so that the average credit balance of your accounts for last three months of the above period should be not less than AMD 20 million or equivalent in foreign currency. 

STATUS service will apply until loans whole repayment.

4 It is not applicable during 6 months after becoming STATUS customer.

Account opening and maintenance1

Enjoy free account opening and servicing.

Tariffs:
Current and savings (including additional) account opening and servicing Free
Term deposit (including cumulative) account opening and servicing
Free
Escrow account2

0.5% of escrow amount

(minimum AMD 100,000

maximum AMD 500,000)

Tariffs:
Current and savings (including additional) account opening and servicing Term deposit (including cumulative) account opening and servicing
Free Free
Current and savings (including additional) account opening and servicing Escrow account2
Free

0.5% of escrow amount

(minimum AMD 100,000

maximum AMD 500,000)

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

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.

Fees:
Card issuance and service
Free
Additional card issuance and service
Free
Card reissuance
Free
Additional card reissuance  Free
Cash withdrawal at HSBC Group ATMs worldwide
Free
Cash withdrawal from Ameriabank ATMs Free
Cash withdrawal at non-HSBC Group ATMs
AMD 2,000 per transaction
Transfer of funds between accounts held at the Bank
Free
Fees:
Card issuance and service
Additional card issuance and service
Free Free
Card issuance and service
Card reissuance
Free Free
Card issuance and service
Additional card reissuance 
Free Free
Card issuance and service
Cash withdrawal at HSBC Group ATMs worldwide
Free Free
Card issuance and service
Cash withdrawal from Ameriabank ATMs
Free Free
Card issuance and service
Cash withdrawal at non-HSBC Group ATMs
Free AMD 2,000 per transaction
Card issuance and service
Transfer of funds between accounts held at the Bank
Free Free
Limits:
Cash withdrawal daily limit
AMD 1,000,0001
Daily transfer limit through Bank ATMs
AMD 3,000,000
Limits:
Cash withdrawal daily limit
Daily transfer limit through Bank ATMs
AMD 1,000,0001
AMD 3,000,000

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

Mastercard World Black Edition card

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:

Insurance Package1

Travel insurance free package offers various insurance services, with up to EUR 50,000 coverage worldwide. Enjoy your trip while Mastercard World Black Edition card takes care of the rest.

Travel insurance package covers the following
Insurance services Refund limit applies Currency Refund maximum limit Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person
Emergency evacuation & repatriation expenses Per event EUR 50,000 100
Emergency medical expenses Per event EUR
50,000
100
Personal accident full trip (Accidental death & disability) Per event EUR
50,000
Not applicable
Hospital daily benefit Per day (max 30 days) EUR
50 48 hours
Loss of baggage Per event EUR
1,200 50
Loss of money Per event
EUR
800 50
Trip cancellation Per event
EUR
2,000 Not applicable
Missed departure Per event
EUR
2,000 Not applicable
Travel delay Per hour (max 12 hours) EUR
60 4 hours
Baggage delay Per hour (max 12 hours)
EUR
60 4 hours
Documents replacement Per event
EUR
400 Not applicable
Personal liability Per event
EUR
50,000 Not applicable
Travel insurance package covers the following
Insurance services Emergency evacuation & repatriation expenses
Refund limit applies Per event
Currency EUR
Refund maximum limit 50,000
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person 100
Insurance services Emergency medical expenses
Refund limit applies Per event
Currency EUR
Refund maximum limit 50,000
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person 100
Insurance services Personal accident full trip (Accidental death & disability)
Refund limit applies Per event
Currency EUR
Refund maximum limit 50,000
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person Not applicable
Insurance services Hospital daily benefit
Refund limit applies Per day (max 30 days)
Currency EUR
Refund maximum limit 50
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person 48 hours
Insurance services Loss of baggage
Refund limit applies Per event
Currency EUR
Refund maximum limit 1,200
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person 50
Insurance services Loss of money
Refund limit applies Per event
Currency EUR
Refund maximum limit 800
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person 50
Insurance services Trip cancellation
Refund limit applies Per event
Currency EUR
Refund maximum limit 2,000
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person Not applicable
Insurance services Missed departure
Refund limit applies Per event
Currency EUR
Refund maximum limit 2,000
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person Not applicable
Insurance services Travel delay
Refund limit applies Per hour (max 12 hours)
Currency EUR
Refund maximum limit 60
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person 4 hours
Insurance services Baggage delay
Refund limit applies Per hour (max 12 hours)
Currency EUR
Refund maximum limit 60
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person 4 hours
Insurance services Documents replacement
Refund limit applies Per event
Currency EUR
Refund maximum limit 400
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person Not applicable
Insurance services Personal liability
Refund limit applies Per event
Currency EUR
Refund maximum limit 50,000
Nonrefundable amount/ nonrefundable period (EUR / HOUR) for each person Not applicable

Mandatory condition: travel insurance is applicable only in case 50% or minimum EUR 300 amount (whichever is less) of the trip cost has been paid by using your Mastercard World Black Edition Card.

For more information:

Security and comfort

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

Mastercard Airport Experiences gives access to airport VIP lounges in over 1200 airports around the world. As a World Mastercard Black Edition cardholder you receive one free access to VIP lounges on an annual basis.2

2Additional cardholder does not have free access

Get free International Concierge and order different services, make enquiries, order air-tickets, make bookings both in Armenia and abroad.

To use International Concierge service you need to dial +374 (95) 515 515 or +7 (499) 500 44 46 phone numbers both from Armenia and abroad. After customer verification and taking your inquiry, the operator will call you back to answer your query or solve your issue. Aspire Lifestyles Concierge Service operators speak both Russian and English. The service is also available on WhatsApp, Viber, and Telegram applications with the following contact information:

WhatsApp: +7 (499) 500 44 46

Telegram: @HSBCConcierge_bot

Viber:

Emergency services abroad

Be more confident with your Mastercard World Black Edition card when travelling, even if you have lost your cash or card. Your card will be re-issued within 48 hours, and you will be provided with emergency cash of up to USD 2,000 within 24 hours.

Special offers and discounts

Use exclusive discounts and special treatment in more than 100 sales and service centers in Armenia and in various hotels, restaurants, SPA and shopping centers abroad which are mentioned in Bank’s home&Away site.

Card fees and charges

As follows
Card type Mastercard World Black Edition card
Card currency
AMD
Card issuance and monthly service fee
Free
Additional Card issuance and service fee3
Free
Annual nominal interest rate of credit line
18%
Annual Percentage Rate of credit line4 19.56%
Encashment fee when using Bank's ATMs and POS terminals, along with Ameriabank's ATMs Free
Encashment fee when using other ATMs and POS terminals within ArCa system 1.5% of encashment amount (minimum AMD 500)
Encashment fee when using other ATMs and POS terminals outside ArCa system
2.5% of encashment amount (minimum AMD 1,000 from ATMs, minimum AMD 3,000 from POS terminals)
International Concierge membership service fee  Free
Mastercard Airport Experiences membership fee Free
Fee for usage of Mastercard Airport Experiences in airport lounges5
AMD 20,000 per visit
Travel insurance Free
Emergency cash advance fee abroad (up to USD 2,000)6
AMD 50,000
Card to card money transfer within Bank (via ArCa website www.arca.am)
0.75% of transfer amount
From Bank Credit card money transfer to other debit cards within ArCa system  (via ArCa website www.arca.am)
1.5% of transfer amount
Card reissuance fee  Free
Additional card reissuance fee Free
Card emergency reissuance fee abroad5
AMD 75,000
Card PIN unblock fee Free
Charge slip retrieval  AMD 8,000*
Dispute of genuine transaction AMD 15,000
Card limit permanent and temporary review Free
SMS service Free
Monthly Statement Delivery (within Armenia) Free

Fee for each copy of card account statement

(if earlier than 6 months)

AMD 3,000*
Late payment fee

5% of overdue amount,

maximum AMD 20,000

Overlimit fee

10% of overlimit amount,

maximum AMD 20,000

Maximum cash withdrawals (per day) 50% of credit limit or AMD 500,000 (whichever is higher)
Number of cash withdrawals (per day) Maximum 3
Maximum limit for each non-cash transaction AMD 10,000,000
Total number of transactions per day (including cash and non-cash transactions and balance enquiries)   20

Lost card liability, after the customer has

informed the Bank

Up to AMD 25,000
Minimum payment due 10% of closing debit balance (minimum AMD 10,000)
Credit limit and currency

Minimum AMD 1,000,000

Maximum AMD 10,000,000

Grace (interest free) period7
Up to maximum 45 days (maximum 15 days from the statement generation date)
As follows
Card type Card currency
Mastercard World Black Edition card AMD
Card type Card issuance and monthly service fee
Mastercard World Black Edition card Free
Card type Additional Card issuance and service fee3
Mastercard World Black Edition card Free
Card type Annual nominal interest rate of credit line
Mastercard World Black Edition card 18%
Card type Annual Percentage Rate of credit line4
Mastercard World Black Edition card 19.56%
Card type Encashment fee when using Bank's ATMs and POS terminals, along with Ameriabank's ATMs
Mastercard World Black Edition card Free
Card type Encashment fee when using other ATMs and POS terminals within ArCa system
Mastercard World Black Edition card 1.5% of encashment amount (minimum AMD 500)
Card type Encashment fee when using other ATMs and POS terminals outside ArCa system
Mastercard World Black Edition card 2.5% of encashment amount (minimum AMD 1,000 from ATMs, minimum AMD 3,000 from POS terminals)
Card type International Concierge membership service fee 
Mastercard World Black Edition card Free
Card type Mastercard Airport Experiences membership fee
Mastercard World Black Edition card Free
Card type Fee for usage of Mastercard Airport Experiences in airport lounges5
Mastercard World Black Edition card AMD 20,000 per visit
Card type Travel insurance
Mastercard World Black Edition card Free
Card type Emergency cash advance fee abroad (up to USD 2,000)6
Mastercard World Black Edition card AMD 50,000
Card type Card to card money transfer within Bank (via ArCa website www.arca.am)
Mastercard World Black Edition card 0.75% of transfer amount
Card type From Bank Credit card money transfer to other debit cards within ArCa system  (via ArCa website www.arca.am)
Mastercard World Black Edition card 1.5% of transfer amount
Card type Card reissuance fee 
Mastercard World Black Edition card Free
Card type Additional card reissuance fee
Mastercard World Black Edition card Free
Card type Card emergency reissuance fee abroad5
Mastercard World Black Edition card AMD 75,000
Card type Card PIN unblock fee
Mastercard World Black Edition card Free
Card type Charge slip retrieval 
Mastercard World Black Edition card AMD 8,000*
Card type Dispute of genuine transaction
Mastercard World Black Edition card AMD 15,000
Card type Card limit permanent and temporary review
Mastercard World Black Edition card Free
Card type SMS service
Mastercard World Black Edition card Free
Card type Monthly Statement Delivery (within Armenia)
Mastercard World Black Edition card Free
Card type

Fee for each copy of card account statement

(if earlier than 6 months)

Mastercard World Black Edition card AMD 3,000*
Card type Late payment fee
Mastercard World Black Edition card

5% of overdue amount,

maximum AMD 20,000

Card type Overlimit fee
Mastercard World Black Edition card

10% of overlimit amount,

maximum AMD 20,000

Card type Maximum cash withdrawals (per day)
Mastercard World Black Edition card 50% of credit limit or AMD 500,000 (whichever is higher)
Card type Number of cash withdrawals (per day)
Mastercard World Black Edition card Maximum 3
Card type Maximum limit for each non-cash transaction
Mastercard World Black Edition card AMD 10,000,000
Card type Total number of transactions per day (including cash and non-cash transactions and balance enquiries)  
Mastercard World Black Edition card 20
Card type

Lost card liability, after the customer has

informed the Bank

Mastercard World Black Edition card Up to AMD 25,000
Card type Minimum payment due
Mastercard World Black Edition card 10% of closing debit balance (minimum AMD 10,000)
Card type Credit limit and currency
Mastercard World Black Edition card

Minimum AMD 1,000,000

Maximum AMD 10,000,000

Card type Grace (interest free) period7
Mastercard World Black Edition card Up to maximum 45 days (maximum 15 days from the statement generation date)

Important notes and general terms

  • No interest is calculated against the credit balance of card account
  • Cardholder's minimum age should be 18, maximum age 65
  • Cards are valid for three years period. Cards are subject to renewal upon bank's discretion
  • From time to time the Bank may review the Card nominal rates in order to reflect market trends
  • The decision to issue a credit card is made and the card is delivered to the address specified by the customer, during 10 working days after the presentation of all necessary documents
  • All tariffs and charges related to STATUS products and services offered by HSBC Bank Armenia are subject to amendments and modifications with reasonable notice

1Travel Insurance is provided by "INGO Armenia" ICJSC, so the terms and conditions of "INGO Armenia" ICJSC apply. Package of insured risks include: medical expenses (including dental) in case of accident or sudden illness abroad; transportation to a medical institution; repatriation (including post mortem) of the insured person.

Insurance claims have to be submitted to "INGO Armenia" ICJSC.

2 Additional cardholder does not have free access.

Additional card’s tariffs are regulated with main card tariffs.

For more information about Annual Percentage Rate please refer to our website at www.hsbc.am or see "Card Products Tariffs and Other Conditions" booklet.

Mastercard Airport Experiences service considers 1 free entrance for main cardholder to more than 1200 airport Mastercard Airport Experiences VIP lounges worldwide during calendar year from 01 January till 31 December inclusive. Unutilized free of charge access during the calendar year not transferred to next year. If main cardholder utilizes 1 free access, then all consecutive entrances are available after appropriate payment. Before visiting airport lounges, please familiarize with applicable terms and conditions, as well as other details by visiting https://airport.mastercard.com/.

6 For emergency cash advance within 24 hours and emergency card replacement within 48 hours outside of Armenia, please call +374 60 655 000 Bank call center.

Grace period is applicable in case of non-cash transactions and if the payment of the whole statement Closing Balance is received by the bank on or before the Payment Due Date. Depending on the day of month when the transaction has been posted to card account, duration of the grace period may vary. Annual nominal fixed interest rate is calculated after moment of making encashment from credit by daily basis on utilized amount.

8Refer to Section 7 of Card products terms and conditions.

* Inclusive of VAT

  

Credit and Debit cards*

ArCa Classic Card issuance and service Free
Mastercard Standard Card issuance and service Free
Mastercard Gold Card issuance and service Free
Mastercard Platinum Card issuance and service Free
Mastercard World Black Edition Card issuance and service Free

Credit and Debit cards*

ArCa Classic Card issuance and service Mastercard Standard Card issuance and service
Free Free
ArCa Classic Card issuance and service Mastercard Gold Card issuance and service
Free Free
ArCa Classic Card issuance and service Mastercard Platinum Card issuance and service
Free Free
ArCa Classic Card issuance and service Mastercard World Black Edition Card issuance and service
Free Free

* Including additional card provision and service.

Cash transactions/operations

Includes
Cash deposit in branches Free

Cash deposit through ATM1

Free

Cash withdrawal of funds deposited in cash in AMD, USD, EUR

Free
Cash withdrawal of non cash funds in USD/EUR2 2%
Cash withdrawal of funds deposited in non-cash in AMD Free
Cash withdrawal of funds deposited in cash/non-cash in other currencies2 3%
Includes
Cash deposit in branches

Cash deposit through ATM1

Free Free
Cash deposit in branches

Cash withdrawal of funds deposited in cash in AMD, USD, EUR

Free Free
Cash deposit in branches Cash withdrawal of non cash funds in USD/EUR2
Free 2%
Cash deposit in branches Cash withdrawal of funds deposited in non-cash in AMD
Free Free
Cash deposit in branches Cash withdrawal of funds deposited in cash/non-cash in other currencies2
Free 3%

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 in case of FX conversions and loan encashments.

Express banking

Fees
Sign up Free
Maintenance fee Free
Other banking services As per Tariff of charges
Fees
Sign up Maintenance fee
Free Free
Sign up Other banking services
Free As per Tariff of charges

Important note: The Bank may terminate the agreement on processing of instructions submitted via Telephone banking (Phone Banking) signed between the Bank and the customer in case if no transaction is done via Phone Banking during the last 12 months.

Fees
Internet banking sign up  Free
Internet banking maintenance  Free
Mobile banking sign up  Free
Mobile banking maintenance Free
Online security device replacement Free
Fees
Internet banking sign up  Internet banking maintenance 
Free Free
Internet banking sign up  Mobile banking sign up 
Free Free
Internet banking sign up  Mobile banking maintenance
Free Free
Internet banking sign up  Online security device replacement
Free Free

Important note: The Bank may terminate the agreement on processing of instructions submitted via online/mobile banking service, in case customer’s profile is not active (no logons) during the last 12 months.

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

Money transfers

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.

Transfers in Armenian drams (within Armenia)1

Fees
Transfers from account2 Free
Credit of received funds to account Free
Fees
Transfers from account2 Credit of received funds to account
Free Free

Transfers / Demand drafts in foreign currencies

Fees

Outward remittance

(USD, EUR, GBP, RUB, CHF, AUD, AED, HKD, JPY, CAD)

0.1%

Issuance of demand draft

(USD, EUR, GBP, RUB, CHF, AUD, AED, HKD, JPY, CAD) 

0.1%
Credit of inward remittance amounts Free
Fees

Outward remittance

(USD, EUR, GBP, RUB, CHF, AUD, AED, HKD, JPY, CAD)

Issuance of demand draft

(USD, EUR, GBP, RUB, CHF, AUD, AED, HKD, JPY, CAD) 

0.1% 0.1%

Outward remittance

(USD, EUR, GBP, RUB, CHF, AUD, AED, HKD, JPY, CAD)

Credit of inward remittance amounts
0.1% Free

Other conditions

Fees
Transfers between accounts held at the Bank Free
Amendment/cancellation to payment instruction Free
Payment investigation fee (can be charged irrespective of the outcome of the conducted investigation) AMD 20,000
Fees
Transfers between accounts held at the Bank Amendment/cancellation to payment instruction
Free Free
Transfers between accounts held at the Bank Payment investigation fee (can be charged irrespective of the outcome of the conducted investigation)
Free AMD 20,000

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.

Commissions if intermediary/beneficiary bank charges are paid by the remitter, for the beneficiary to receive the amount without any additional charges:

  • Outward remittances in USD to any bank located in the United States: AMD 5,000.
  • Outward payments in other foreign currencies: AMD 5,0003

Commission for outward payments in USD to any bank located outside the United States, where the remitter pays only the first intermediary bank charges and the beneficiary receives the amount after charges applied by other intermediary/beneficiary banks: AMD 5,000.

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 25 million or equivalent foreign currency) is submitted to the Bank not later than 15:00 will be processed same day.

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.

Cheques/Chequebooks1

Fees
Issuing chequebook Free
Placement/removal of ‘Stop Payment’ instruction  Free
Return of cheque due to insufficient funds Free
Deposit of each cheque and demand draft into the account Free2
Returned unpaid cheque charge  AMD 10,000 plus intermediary/returning bank charges
Fees
Issuing chequebook Placement/removal of ‘Stop Payment’ instruction 
Free Free
Issuing chequebook Return of cheque due to insufficient funds
Free Free
Issuing chequebook Deposit of each cheque and demand draft into the account
Free Free2
Issuing chequebook Returned unpaid cheque charge 
Free AMD 10,000 plus intermediary/returning bank charges

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 of 0.4%.

Safe deposit lockers

Safe Deposit Lockers are available for rental on either a monthly or an annual basis For HSBC STATUS customers only who are Bank account holders minimum 12 months.

Safe deposit locker fees
Locker size For term of up to one year2 For term of up to one month2
Extra large AMD 200,000 AMD 50,000
Large AMD 120,000
AMD 30,000
Medium AMD 90,000
AMD 30,000
Small AMD 50,000
AMD 15,000
Safe deposit locker fees
Locker size Extra large
For term of up to one year2 AMD 200,000
For term of up to one month2 AMD 50,000
Locker size Large
For term of up to one year2 AMD 120,000
For term of up to one month2 AMD 30,000
Locker size Medium
For term of up to one year2 AMD 90,000
For term of up to one month2 AMD 30,000
Locker size Small
For term of up to one year2 AMD 50,000
For term of up to one month2 AMD 15,000
Other fees2
Safe deposit lockers each additional visit access fee in case of more than 2 visits per week  AMD 10,0002
Access to safe deposit box with Bank’s copy, in case if customer does not have own key AMD 5,0002
Recovery of lost key  AMD 15,0002
Other fees2
Safe deposit lockers each additional visit access fee in case of more than 2 visits per week  Access to safe deposit box with Bank’s copy, in case if customer does not have own key
AMD 10,0002 AMD 5,0002
Safe deposit lockers each additional visit access fee in case of more than 2 visits per week  Recovery of lost key 
AMD 10,0002 AMD 15,0002

1Customer can have only one of the following sized lockers simultaneously: 1 extra large or 1 large or 2 medium or 2 small or 1 medium and 1 small size locker.

2Inclusive of VAT.

Issuance of bank account statements / other documentation

Bank account statements/other documentation delivery

Fees
By courier within Armenia (monthly) Free
By courier outside Armenia via standard mail only  (monthly) AMD 25,0001, 5
By e-mail (monthly, weekly, daily)   Free
By Internet Banking  (monthly, weekly, daily) Free2
Collection from branches (monthly, weekly, daily) Free
Fees
By courier within Armenia (monthly) By courier outside Armenia via standard mail only  (monthly)
Free AMD 25,0001, 5
By courier within Armenia (monthly) By e-mail (monthly, weekly, daily)  
Free Free
By courier within Armenia (monthly) By Internet Banking  (monthly, weekly, daily)
Free Free2
By courier within Armenia (monthly) Collection from branches (monthly, weekly, daily)
Free Free

Other services

Fees
Power of attorney issuance Free
Balance confirmation3/ bank account advices  Free
For each copy of bank account statement/ transaction history /transaction confirmation advice (if earlier than 6 months) AMD 3,0004, 5
Fees
Power of attorney issuance Balance confirmation3/ bank account advices 
Free Free
Power of attorney issuance For each copy of bank account statement/ transaction history /transaction confirmation advice (if earlier than 6 months)
Free AMD 3,0004, 5

1Any foreign exchange transactions will be conducted at the Bank's exchange rate.

2For customers using Internet Banking services.

3Balance confirmations will be presented as of the date and time of confirmation request receipt

4If requested via Internet/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.

5VAT included.

Preferential terms for term deposits and loans

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

Term deposits (excluding Cumulative term deposits)

  • + 0.5% for term deposits in AMD
  • + 0.25% for term deposits in USD
Loans with HSBC Status:
Service/Product Preferential terms for HSBC Status customers Details
Property purchase loans (in AMD and USD) -0.5% loan provision fee

Loan provision fee is 0.5% (instead of standard 1%), maximum AMD 200,000

Property purchase loans (in AMD and USD) -1% Loans in AMD are provided with 1% lower than standard annual nominal interest rate – 11.5% (instead of standard 12.5%)
Annual percentage rate - 12.37% - 14.82%
Property purchase loans (in AMD and USD) -1% Loans in USD are provided with 1% lower than standard annual nominal interest rate - 9% (instead of standard 10%)
Annual percentage rate - 9.64% - 12.46%
Property renovation loan (in AMD and USD) -0.5% loan provision fee Loan provision fee is 0.5% (instead of standard 1%), maximum AMD 100,000 
Property renovation loan (in AMD and USD) -1% Loans in AMD are provided with 1% lower than standard annual nominal interest rate – 11.5% (instead of standard 12.5%)
Annual percentage rate - 12.52% - 15.80%
Property renovation loan (in AMD and USD) -1%

Loans in USD are provided with 1% lower than standard annual nominal interest rate - 9% (instead of standard 10%)

Annual percentage rate - 9.80% - 13.54%

Car loan -0.5% loan provision fee

Loan provision fee is 0.5% (instead of standard 1%), maximum AMD 100,000

Car loan -1%

Loan is provided with 1% lower than standard annual nominal interest rate - 14% (instead of standard 15%)

Annual percentage rate - starting from 22.19%

Personal instalment loan
-1% loan provision fee
Loan provision fee is 1% (instead of standard 2%), maximum AMD 20,000
Personal instalment loan -1%1
Loan is provided with 1% lower than standard annual nominal interest rate - 15% (instead of standard 16%)4
Annual percentage rate - 16.1% - 18.4%
Personal instalment loan Higher loan amount

Higher than standard maximum loan amount: AMD 15,000,000

(instead of standard AMD 3,000,000)

Property secured personal instalment loan (in AMD and USD) -0.5% loan provision fee Loan provision fee is 0.5% (instead of standard 1%), maximum AMD 100,000
Loans with HSBC Status:
Service/Product Property purchase loans (in AMD and USD)
Preferential terms for HSBC Status customers -0.5% loan provision fee
Details

Loan provision fee is 0.5% (instead of standard 1%), maximum AMD 200,000

Service/Product Property purchase loans (in AMD and USD)
Preferential terms for HSBC Status customers -1%
Details Loans in AMD are provided with 1% lower than standard annual nominal interest rate – 11.5% (instead of standard 12.5%)
Annual percentage rate - 12.37% - 14.82%
Service/Product Property purchase loans (in AMD and USD)
Preferential terms for HSBC Status customers -1%
Details Loans in USD are provided with 1% lower than standard annual nominal interest rate - 9% (instead of standard 10%)
Annual percentage rate - 9.64% - 12.46%
Service/Product Property renovation loan (in AMD and USD)
Preferential terms for HSBC Status customers -0.5% loan provision fee
Details Loan provision fee is 0.5% (instead of standard 1%), maximum AMD 100,000 
Service/Product Property renovation loan (in AMD and USD)
Preferential terms for HSBC Status customers -1%
Details Loans in AMD are provided with 1% lower than standard annual nominal interest rate – 11.5% (instead of standard 12.5%)
Annual percentage rate - 12.52% - 15.80%
Service/Product Property renovation loan (in AMD and USD)
Preferential terms for HSBC Status customers -1%
Details

Loans in USD are provided with 1% lower than standard annual nominal interest rate - 9% (instead of standard 10%)

Annual percentage rate - 9.80% - 13.54%

Service/Product Car loan
Preferential terms for HSBC Status customers -0.5% loan provision fee
Details

Loan provision fee is 0.5% (instead of standard 1%), maximum AMD 100,000

Service/Product Car loan
Preferential terms for HSBC Status customers -1%
Details

Loan is provided with 1% lower than standard annual nominal interest rate - 14% (instead of standard 15%)

Annual percentage rate - starting from 22.19%

Service/Product Personal instalment loan
Preferential terms for HSBC Status customers
-1% loan provision fee
Details Loan provision fee is 1% (instead of standard 2%), maximum AMD 20,000
Service/Product Personal instalment loan
Preferential terms for HSBC Status customers -1%1
Details Loan is provided with 1% lower than standard annual nominal interest rate - 15% (instead of standard 16%)4
Annual percentage rate - 16.1% - 18.4%
Service/Product Personal instalment loan
Preferential terms for HSBC Status customers Higher loan amount
Details

Higher than standard maximum loan amount: AMD 15,000,000

(instead of standard AMD 3,000,000)

Service/Product Property secured personal instalment loan (in AMD and USD)
Preferential terms for HSBC Status customers -0.5% loan provision fee
Details Loan provision fee is 0.5% (instead of standard 1%), maximum AMD 100,000

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

Insurance services

In 0.02 percentage point lower than standard interest rate

Preferential rate is applied only if property is purchased with loans provided by HSBC Bank Armenia.

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. 

Last updated on: 13.01.23, 05:09

Please, familiarize yourself with the special guidelines of user behavior on our Social Media accounts.