Additional services
Honorary accounts

Honorary accounts

Profitably manage the military service honorarium

General

General
Tariffs
Documents
FAQ
Honorary accounts

Honorary accounts

Profitably manage the honorarium received by completing compulsory military service. You can spend this money on education, purchase of real estate or agricultural property.

Advantages

Annual income
7% Annual interest rate
Free opening
And free service
Free statement
Account statement is provided for free
Required documents
147.88 KB
The funds transferred to a remuneration account can only be used in the order and directions defined by RA Government Resolution N 456-N dated April 12, 2018.
A remuneration account can be opened in AMD.
Yes, the limit is AMD 5 000 000 unless otherwise provided by law.
The account is opened by the Bank for free as well as 7% annual interest rate is applied to the positive balance of the account.
A remuneration account is a special account serving the amount of remuneration calculated by the RA Defense Ministry to the rank and file at the moment of their release from military service (hereinafter also referred to as citizens receiving remuneration), who have signed contracts on serving in specific locations and conditions, disposal of the funds available on which is restricted by the RA legislation.
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Information updated 12.04.2024 09:51
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