HSBC Armenia
HSBC Armenia 1 Year Time Deposit
| Type | Fixed |
| Rate | 7.00% |
| Currency | AMD |
The product rate is applicable for a 12 month term with a minimum AMD 100,000 issued for the AMD currency. The yield is annualized and paid at maturity. USD and EUR time accounts are also available.
The rate of 7.00% is 2.75% higher than the average 4.25%. Also it is the highest rate for this term period 7.00 Updated Jun, 2018
The product rate is applicable for a 12 month term with a minimum AMD 100,000 issued for the AMD currency. The yield is annualized and paid at maturity. USD and EUR time accounts are also available.
The rate of 7.00% is 2.75% higher than the average 4.25%. Also it is the highest rate for this term period 7.00 Updated Jun, 2018
Type
Fixed
Rate
7.00%
Currency
AMD
Q: Are the deposits guaranteed by government and if yes upto what amount? Are there any limitations/controls to transferring the deposit amount out of the country at the expiry of the term? Is the interest earned taxed and if yes at what rate? Can it be transferred out of the country? Thank you.