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State support account (family capital maintenance)

A State support account is a special account that is opened at the Bank on which the the funds of lump-sum grant for family capital shall be remitted to be allocated for the 3rd and each subsequent child born on January 1, 2014 and after that date. A State support account is opened in the name of the child (account holder), based on the application of the lawful representative (parent, trustee, adoptive parent), who is registered at the address of his residence with the child in the Republic of Armenia. Disposal of funds available on State support account is limited by the legislation of the Republic of Armenia.

Please be informed that ARMBUSINESSBANK has made changes to the Bank's tariffs, and effective of April 2, 2018 annual interest rate applicable to the balance of Special State Account shall be 9%. Thank you for using the services of ARMBUSINESSBANK...

 

Application-agreemenet for opening s State support account(Arm)
List of documents required for opening a State support account(Arm)
State support account newsletter
Basic rules of opening and maintaining a State support account(Arm)

Basic rules of opening and maintaining a State support account
Тariffs

Updated on 03.11.2023, 16:40

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