Securities custody services
- Opening and management of a depository account for accounting of securities
- Registration of rights to the client's securities
- Transfer of Securities/ Pledge/ Termination of Pledge
- Freezing/unfreezing securities and accounts
Main conditions - valid from 21.11.2024
| Service | Fee* | |
| Securities account opening and closing | Free of charge | |
| Safekeeping1 | 0.08% | |
| Transfer of Securites2 | Transfer of Equities (DVP/FOP/ST)3 | 0.15%, min 10,000 AMD max՝ 3,000,000 AMD |
| Transfer of Bonds (DVP/FOP/ST)3 | 0.015%, min 5,000 AMD max՝ 300,000 AMD | |
| Transfer of other securities (DVP/FOP/ST)3 | 0.25%, min 10,000 AMD max՝ 3,000,000 AMD | |
| Internal transfer of Equities3 | 0,08%, min 5,000 AMD | |
| Internal transfer of Bonds3 | 0,008%, min 3,000 AMD | |
| Internal transfer of other securities3 | 0,1%, min 8,000 AMD | |
| Portfolio transfer4 | 6,000 AMD | |
| Pledge of securities | Pledge of Equities | 0,06%, min 5,000 AMD |
| Pledge of Bonds | 0,01%, min 1,000 AMD | |
| Securities account freeze | Securities account freeze | 0,05%, min 5,000 AMD |
| Corporate actions | Free of charge | |
| Provisioning of Reference (statement) | Free of charge | |
| Reference with non-standard5 information | 10,000 AMD | |
| Other custodian services6 | Ardshinbank's Custodial expenses + 25% | |
1 Fee is not applied to securities or public fund shares that are allowed to trade in the regulated market of the RA, as well as state or community property or owned by the Central Bank of the RA.
The basis for calculation is the market value of the securities, if it is not less than the nominal value. Otherwise, the nominal value is taken as the basis.
The basis for the calculation is the balance of securities in holder's account at the end of each day of the reporting period.
2 Transfer fee is not applied, when:
- a party transferring/receiving securities is the Central Bank of RA,
- the transfer is made within the framework of the brokerage order submitted by the client.
3 The basis of calculation is the market value of the securities, if it is not less than the nominal value. Otherwise, the nominal value is taken as the basis.
4 Applies only for transfer of funds from one account opened in CDA to the other account opened in other CDA Account operator.
5 A document with any other form and content different from the form and content approved by Ardshinbank OJSC.
6 Fee is not applied to income payments, dividends and redemptions.
Tariffs published on the Bank's website shall apply to Clients who are citizens of the Republic of Armenia and whose center of vital interests is in the Republic of Armenia
* Tariffs are calculated in AMD at the non-cash exchange rate set by the Bank
