Smart account | Ameriabank

Smart account

Open an account with just a smile

It will take you a few simple steps to join the Ameriabank family within minutes. Once joined, you will be able to perform your transactions and manage your cash and accounts freely and easily. 

Open an account remotely and get the following for FREE: 

Account

in Armenian drams without minimum balance requirement

Online/Mobile banking

to manage your accounts and daily transactions

Card

one VISA Classic, MasterCard Standard or ArCa Carrefour "Smile" card

Payment card

When you open an account remotely, you receive a free-of-charge VISA Classic, MasterCard Standard or ArCa Carrefour "Smile" card. Learn more about cards and their terms here.

Cashback up to 10.5%

You can get up to  10.5% cashback for non-cash purchases at our partner merchants. Learn more.

Safe and secure

Transactions with Ameriabank's cards are safe and secure. We are always at your side to ensure the security of your funds and data.

Manage your accounts without visiting the Bank

Ameria Online and Mobile Banking platforms, as well as our phone banking services, enable you to make transfers and payments, including loan payments, check your account, and much more. 

Learn more

USSD

Get information about your account balance, available services, and recent transactions, or block your card, if necessary, anytime and anywhere via USSD instructions. 

Learn more

Wide ATM network

Via our cash machines and automated self-service terminals, you may either withdraw cash or make instant cash deposits on your account, pay utilities, and perform other payments.  

Service network

Ready to open an account?



FAQ

What is a SMART Account?

SMART Account is a bank account opened completely online, without visiting the bank in person. When you open a SMART Account, you also get a VISA Classic or MasterCard Standard card free of charge, as well as 24/7 Online Banking with access to manage accounts and perform transactions.

How can I open an account online?

Opening SMART Accounts online is easy and simple.

  • Fill in the application form
  • Take a photo of your ID and a selfie
  • Select a complimentary payment card and delivery mode
  • Register in Online Banking to manage your account remotely
  • Once the bank has approved your application, you will be able to log in to Online Banking and perform certain transactions (see further for details). In order to be able to use all available services freely, without restrictions, as well as to activate your card, you will be required to pass full identification via a video call or by visiting us in person. If you are a non-resident citizen of Armenia, your full identification will be performed in accordance with the appropriate internal procedures of the bank.


On what days/hours can I open a SMART Account?

You can apply for a SMART Account online whenever you like.

Can I open a SMART Account if I am abroad?

Yes, you can open SMART Accounts from abroad as well. All you need is an ID (be an Armenian resident*) and a social card, a smartphone with Internet access or a computer with a webcam, as well as an active Armenian mobile number. If you order a card, it will be delivered to the Armenia-based address specified by you.

*An Armenian resident means an individual whose center of vital interests is located in the Republic of Armenia. The center of vital interests is the Republic of Armenia if a house or an apartment where the person’s family resides or the principal place of implementation of the economic (professional) activity is located there.


Can I open a SMART Account if I am a foreign national resident in Armenia?

Currently, only citizens of the Republic of Armenia can open SMART Accounts online.

What is the difference between restricted-access accounts and full-access current accounts?

When you apply online, a restricted-access account, which you can use until you pass full identification in accordance with the laws of Armenia and internal regulations of Ameriabank, is open for you. With restricted access, you can perform certain bank transactions.

Once you have passed full identification, you will get full access to your current account, which means that now you can also make payments to accounts of other persons, as well as payments between your own accounts, deposit and withdraw cash, and exchange currency. 

Accounts (with either restricted or full access) are opened based on your application within 1 business day.


What transactions can I perform via a restricted-access account?

You can perform the following transactions via a restricted-access account:

  • Transfers between your own accounts with a daily limit of 400,000 Armenian drams or foreign currency equivalent
  • Transfers between Ameriabank accounts
  • Currency exchange
  • Utility payments
  • Payments to the state budget
  • Payments of traffic tickets
  • You can also submit applications for services available at that time in Online Banking


How can I make my SMART Account unrestricted?

To gain unrestricted access to banking transactions via your SMART Account, you need to pass full identification via a video call or by visiting us in person. To schedule a video call, log in to Online Banking, click “restricted” and select the date and time.

What is a video call?

During the video call, our employee completes the identification of the person who opens an account online. The video call is recorded. Once you have passed full identification, you can gain unrestricted access to your account and activate your payment card. You can fix the date and time for your video call when submitting the SMART Account application.

During the video call, you will be asked to answer several questions about who you are and what you do.

For more details about accounts please click here.


For more details about accounts please click here.

How to apply

Item

Standard

1.      Account opening + service package (package1 includes accounts in AMD and one foreign currency, MyAmeria app, one payment card2)

The package is available only to the citizens of Armenia.    

AMD 7,000

2.      Distance opening of Smart account + service package (package1 includes an account in AMD, MyAmeria app, one payment card3)

The package is available only to the resident citizens of Armenia.

Free

3.      Account opening (including distance opening) + service package “For Students” (package1 includes an AMD bank account, MyAmeria app, one Student payment card4)

Free

4.      Account opening

 

 4.1.Accounts in AMD

 

4.1.1.      For Armenian citizens5

 

4․1․1․1․ At Yerevan-based branches, if opened via Internet/Mobile Banking

AMD 3,000

4․1․1․2․ At branches outside Yerevan

Free

 4․1․1․3 If opened via MyAmeria app

Free

4.1.2.      For non-citizens6

AMD 25,000

4.2.Accounts in foreign currency, including metal accounts in gold (999.9)

 

4.2.1.      At Yerevan-based branches, if opened via Internet/Mobile Banking

AMD 3,000 per account

4.2.2.      At branches outside Yerevan

AMD 2,000 per account

4.2.3.      If opened via MyAmeria app

Free

5.   Minimum account balance7

N/a

6.   Account management8

 

6.1.   If during a calendar half-year the average cash flows on the client’s bank accounts are at least AMD 150,000, or the average daily balance on the accounts is above AMD 50,000

Free

6.2.   If during a calendar half-year the average cash flows on client’s bank accounts are less than AMD 150,000, or the average daily balance on the accounts is less than AMD 50,000

AMD 1,000 per calendar half-year

7.   Distance banking9

 

7.1.   Via Internet/Mobile Banking

 

7.1.1.Activation of Internet/Mobile Banking

 

7.1.1.1.   Provision of a token/replacement of the token with the same type token

AMD 5,000 lump sum fee

7.1.1.2.   Provision of Ameria Token app code / replacement of the token with the same type token

AMD 1,000 lump sum

7.2.   Provision of MyAmeria app

AMD 1,000 lump sum

7.3.   Recovery of Internet/Mobile Banking, MyAmeria password at the Bank branch premises

AMD 1,000, VAT included

7.4.      Phone banking10

AMD 5,000 lump sum

8.   Provision of statements, information and copies of documents

 

8.1.    Provision of up to 1 year-old account statements, copies of account statements or other documents kept in electronic form

Free

8.2.    Provision of more than 1 year-old account statements, copies of account statements or other documents kept in electronic form11

AMD 5,000 per annual statement per account and each electronically stored document, VAT included

8.3.   Provision of more than 1 year-old account statement or other electronic document, by emailing to the customer without a stamp8

AMD 3,000, per annual statement per account and each electronically stored document, VAT included

 

1 In case of refusal to use one or several services, the package price does not change. If the client refuses from certain services but applies for them later, such services will be chargeable pursuant to their respective tariffs. The package is available to the existing clients if they do not use any of the package services (does not apply to Smart and For Students packages).

2 VISA Classic or MasterCard Standard cards are offered without annual service fee. Should the card be reissued upon expiry of the validity period, a fee will be charged in accordance with the then-effective payment card terms and conditions.

3 If the client chooses VISA Classic, MasterCard Standard or ArCa Carrefour Smile payment card, they are offered with no annual service fee. In case of Visa Classic Moons cards, an annual service fee will be charged in accordance with Ameriabank CJSC Card Rates and Fees.

4 There is no annual service fee for the Student cards.

5 To use bank services clients need to open an account in AMD. In case of ordering a payment card, opening a savings account, time deposits, purchase of bonds, getting loan products, safe deposit box renting or brokerage account opening, ordering a card under the payroll project, the respective account opening fees will not be applied.

6 Fee charged only for the first AMD account.

7 0% annual interest on credit balance.

8 The turnover of any bank account of the client (including card accounts) applies to all other accounts (this provision is applicable only in terms of charging the commissions). If the client has an active card only linked to a card account, no commission is charged. If the account is linked to a closed card, the commission is chargeable in accordance with the tariffs. Commissions are charged within two weeks following each calendar half-year.

If there was no activity on the account during the most recent 12 months, the account will be restricted for debiting within two weeks following each calendar quarter.

If there was no activity on the account during the most recent 12 months and the account balance is zero, the account will be closed within two weeks following each calendar half-year. This does not apply to the accounts that are required in the scope of other services provided to the client by the Bank.

Account maintenance fee shall not be charged (i) from the clients  having only brokerage accounts and/or (ii) if a bank account has been opened and is maintained for provision of the safe deposit box service.

9 The Bank defines currency exchange rates every business day. Such rates remain effective during open hours of the Bank. The Bank is entitled to reject conversion applications received by distance banking systems on non-open hours (before 09.30 a.m. and after 5:00 p.m.) and non-business days (including Saturdays).

10 The following services subject to the limits specified below may be performed via phone banking:

11 The fee is not charged for provision of home loan statements (i.e. loans for purchase/renovation/construction of residential real estate).

6. Account crediting in cash

 

6.1 AMD

 

6.1.1 Up to and including AMD 50,000 [5]

AMD 500

6.1.2 Above AMD 50,000

Free

6.2 USD, EUR

Free

6.3 RUB, GBP, CHF and other foreign currencies [6]

As per the rates prevailing in the Bank on that day

7.Cash withdrawal

 

7.1 From funds credited to client’s account in cash

Free

7.2 From funds credited to client’s account through wire transfer

 

7.2.1 AMD

 

7.2.1.1 At Yerevan-based branches

0.2%, min AMD 500

7.2.1.2 At branches outside Yerevan

0.1%, min AMD 200

7.2.2 RUB

0.3%, min AMD 1,000

7.2.3 Other currencies

1%, min AMD 1,000

8.Distance banking fees [7]

 

8.1  Internet (Online) Banking/ Mobile Banking System

 

8.1.1 Provision of a token/replacement of the token with the same type token

AMD 5,000 lump sum fee

8.1.2  Provision of Ameria Token app code / replacement of the token with the same type token

AMD 1,000 lump sum authorize transactions)

8.1.3 Provision of token/Ameria Token (in case of loss or damage), change of existing token

AMD 1,000, VAT included

8.2 Via Phone banking

Lump sum fee of AMD 5,000

9.Provision of statements, information and copies of documents

 

9.1 Provision of up to 1 year-old account statements, copies of account statements or other documents kept in electronic form

Free

9.2 Provision of more than 1 year-old account statements or copies of account statements or provision of other documents kept in electronic form

AMD 5,000, VAT included, per annual statement per account

9.3 Provision of references

 

9.3.1 To holders of 3 and more months old accounts

AMD 3,000, VAT included

9.3.2 To holders of less than 3 months old accounts

AMD 5,000, VAT included

9.3.3 If ordered via Internet/Mobile Banking or Ameriabank website [8]

AMD 1,000, VAT included

9.4 Delivery of account statement

 

9.4.1 By email/span>

Free

9.4.2 By post within Armenia

Free

9.4.3 By post outside Armenia

As per postal service bills

10.Remittances [9] in AMD

 

10.1 Within Ameriabank accounts

Free

10.2 To Armenia-based banks

 

10.2.1 For account holders [10]

Free

10.2.2 For non-account holders at Yerevan-based branches

0.1%, minimum AMD 1,000

10.2.3 For non-account holders at branches outside Yerevan

0.1%, minimum AMD 500

10.3 Transfers to payment and settlement organizations on behalf of account holders

0.5% of transferred amount

11.Remittances in foreign currency

 

11.1 Within Ameriabank accounts

Free

11.2 In RUB

 

11.2.1 Costs of all correspondent and intermediary banks charged to the amount of remittance

AMD 3,000

11.2.2 Costs of all correspondent and intermediary banks borne by Ameriabank

0.1%, min AMD 3,000, max AMD 30,000

11.3 In USD, EUR

 

11.3.1 Costs of all correspondent and intermediary banks charged to the amount of remittance

0.1%, min AMD 5,000, max AMD 12,000

11.3.2 Costs of correspondent banks borne by Ameriabank, costs of other intermediary banks, if any, charged to the amount of remittance

 

11.3.2.1 If the payment order is submitted in paper form

0.15%, min AMD 7,500, max AMD 50,000

11.3.2.2 If the payment order is submitted via Internet/Mobile Banking

0.1%, min AMD 6,000, max AMD 50,000

11.4 Costs of all correspondent and intermediary banks borne by Ameriabank

Commission specified in point 1.6.2 + AMD 10,000

11.5 In other foreign currencies quoted by the Bank

 

11.5.1 Costs of all correspondent and intermediary banks charged to the amount of remittance

0.1%, min AMD 5,000, max AMD 12,000

11.5.2 Costs of correspondent banks borne by Ameriabank, costs of other intermediary banks, if any, paid by client

 

11.5.2.1 If the payment order is submitted in paper form

0.15%, min AMD 12,000, max AMD 50,000

11.5.2.2 If the payment order is submitted via Internet/Mobile Banking

0.1%, min AMD 10,000, max AMD 50,000

11.6 Transfers in currencies not quoted by the Bank [11]

0.2%, min AMD 20,000, max AMD 100,000

11.7 Transfer of money to Ameriabank client accounts from ARCA, VISA or MasterCard cards [12]

2%

[5] No commission for cash deposit in the following cases:

  • Account top-up to pay commissions
  • Account top-up to make payments to government and local authorities of Armenia, including notary offices, service agencies of state committee of real estate cadaster and other government bodies
  • Cash deposit as part of other operations handled by teller

[6] No commission for account crediting in case of making time deposits. In case of early termination of deposit within 30 days after deposit start date a fee is charged in the amount of the applicable rate for account crediting in cash as of actual deposit repayment day.

[7] The Bank defines currency exchange rates every business day, which remain effective during open hours of the Bank. The Bank is entitled to reject conversion applications received via distance banking systems on non-open hours (before 09.30 a.m. and after 5:00 p.m) and non-business days (including Saturdays).

[8] Requests for references should be submitted at least one banking day in advance.

[9] The Bank accepts and processes payment orders submitted in paper form or via distant banking solutions as per the schedule below, provided that there are sufficient funds on the account to execute the transfer.

For more details about accounts please click here.

Last updated on 22.04.20212, 15:56