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Evocabank (Armenia)

Evocabank is a financial organization of Armenia, established in 1990 under the name Prometevsi Prometey Bank. 

The Bank gives absolute priority to innovative mobile products, due to which the Bank is twice recognized as the best digital institution in Armenia by the Global Finance magazine.

OPEN AN ACCOUNT IN EVOCABANK

The cost of opening of the account (bank tariff)  

The cost of opening an account for legal entities and individuals - no commission is charged.

 

Minimum balance - not applicable.

Representative offices

None.

Management of the account

Using free Internet banking software.

Bank’s tariffs

Account servicing for legal entities and individuals - 2000-3000 AMD/year.

 

Intrabank transfers - no commission is charged.

 

Transfers in EUR/USD - 0.1% (min 5000 AMD, max 7000 AMD).

 

For more information on tariffs, see the bank's website.

Terms of opening the account 

The procedure of opening the account consists of two stages: the preliminary stage and final stage of opening an account.

The preliminary stage includes the process of collecting and filing your documents, which are required for opening an account. The terms of preliminary stage depends wholly on you.

The procedure of consideration the documents and reaching the decision by bank regarding opening an account takes 1,5 months starting from the date when the bank has received your original documents.

Evocabank follows KYC policy and reserves the right to require additional documents what may lead to account opening term exceeding, as well as refusing of account opening without reasons explanation.

Staff

Russian/English speaking.

Credit/debit cards

MasterCard, Visa.

 

Other bank’s products

Deposits, loans, trust custody, asset trust management, investments.

Documents for opening an account

Forms for signing are provided at a bank branch in Yerevan (Armenia).

 

Company’s documents – you should give us the originals of all corporate documents. If the company is older than 1 year we shall be provided with the Certificate of Good Standing affixed with apostille.

 

Documents for the account holder:

- original of national passport;

- original of foreign passport (in case of its presence);

- confirmation of the address (utility bill not older than 3 months).

 

Documents for the beneficiary:

- original of national passport;

- original of foreign passport (in case of its presence);

- confirmation of the address (utility bill not older than 3 months).

The procedure of opening an account

To begin the procedure, it is necessary to provide high-quality copies of the above documents for sending to the bank for review. After their consideration and approval, we will agree on the date and time of your visit to the bank’s representative office in Yerevan (Armenia) for signing bank forms.

Bank site

For further consultation concerning the terms of account opening in Evocabank Armenia please contact our office. We will respond to any questions you may have and will help you open an account in Armenian Evocabank or any other bank out of 60 foreign banks you may choose from.

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