
Main conditions - valid from 01.09.2026
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Securities custody service
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Service |
Fee* |
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Securities account opening and closing |
Free of charge |
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Safekeeping1 |
0.08% (annual) |
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Transfer of Securites2,3 |
Transfer of Equities (DVP/FOP/ST)4 |
0.15%, min 10,000 AMD max 3,000,000 AMD |
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Transfer of Bonds (DVP/FOP/ST)4 |
0.015%, min 5,000 AMD max 300,000 AMD |
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Transfer of other securities (DVP/FOP/ST)4 |
0.25%, min 10,000 AMD max 3,000,000 AMD |
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Internal transfer of Equities4 |
0,08%, min 5,000 AMD |
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Internal transfer of Bonds4 |
0,008%, min 3,000 AMD |
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Internal transfer of other securities4 |
0,1%, min 8,000 AMD |
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Portfolio transfer5 |
6,000 AMD |
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Pledge of securities |
Pledge of Equities |
0,06%, min 5,000 AMD |
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Pledge of Bonds |
0,01%, min 1,000 AMD |
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Securities account freeze |
0,05%, min 5,000 AMD |
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Corporate actions |
Free of charge |
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Provisioning of Reference (statement) |
Free of charge |
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Reference with non-standard6 information |
10,000 AMD |
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Other custodian services 7 |
Ardshinbank's Custodial expenses + 25% |
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1 No fee is 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.
No fee is applied to the custody of units of Money Market Funds acquired as a result of sweep deal transactions.
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 securities balance held in the account of the account holder at the end of each day of the reporting period, applying, where applicable, the exchange rate of the Central Bank of the RA effective on the last 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,
- the transfer of RA government bonds is carried out within the CBA system.
3 The calculation is performed on the date of the actual crediting to/withdrawal from the Securities account, applying the Bank’s non-cash purchase exchange rate where applicable.
4 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.
5 Applies only for transfer of funds from one account opened in CDA to the other account opened in other CDA Account operator.
6 A document with any other form and content different from the form and content approved by Ardshinbank OJSC.
7 Fee is not applied to income payments, dividends and redemptions.
* Tariffs are charged in AMD.
Tariffs published on the Bank's website shall apply to Clients, whose 50 percent or more shareholders or participants are not citizens of another country then RA, or more than 50 percent of the ultimate beneficiaries are not citizens of another country then RA.
The specified tariffs do not apply to financial institutions, unless otherwise stipulated by the contract (except for credit organizations, organizations that are performing processing and clearing of payment instruments and settlement documents and insurance companies). Tariffs for these institutions are defined by the contract signed between "Ardshinbank" OJSC and the financial institutions.
Other terms
The terms and conditions for the provision of securities custody services, including the procedure and timeframes for concluding and terminating the agreement between the Bank and the Client within the scope of the service, the terms, timeframes, and methods of payments by the Client, the list of documents required by the Bank, the procedure for submitting and executing instructions for the purpose of concluding transactions, the terms for providing statements/reports (including copies thereof) and other information, the places where securities transactions are executed, the time limits and conditions for the fulfillment of obligations and the possible consequences of failure to comply therewith as well as provisions on the prevention of conflicts of interest and other relevant matters, are set forth in Chapters 12 and 13 of the General Terms and Conditions for the Provision of Banking Services.
ATTENTION! THIS MATERIAL IS AN ADVERTISEMENT.
Ardshinbank is regulated by the Central Bank of the Republic of Armenia.