ArCa Child
ArCa Mother and Child Care payment plastic card is intended for payment of Child Care Benefit for children under two, maternity benefit for the unemployed person and lump-sum allowance for childbirth.
-
Cash withdrawal at AraratBank cash points
0%
-
Annual service fee
Free of charge
-
Currency
AMD
| TRANSACTION TYPE | RATES* |
| Card issue | Free of charge |
| Annual service fee | Free of charge |
| Account statement | Free of charge |
| Account statement of the current month | AMD 500 |
| Annual service fee of the additional card | AMD 2,000 |
|
New card issue in case of loss and damage of a |
AMD 1,500 |
|
Cash withdrawal at ARARATBANK cash points |
0% |
|
Cash withdrawal at ArCa system cash points |
0.8% |
| Annual interest accrued over the positive balance of card account | 3% |
| Card blocking through Bank employee | Free of charge |
| Card deblocking | AMD 1,000 |
| Non-cash transactions | Free of charge |
| Number of cash withdrawal transactions per day | 10 |
|
Total maximum amount of cash transactions allowed per day |
AMD 500,000 |
| Total maximum amount per transaction | AMD 500,000 |
| Total maximum amount of transactions allowed per day | AMD 1,500,000 |
| Commission fee charged for card-to-card transfers | 0.3 % |
|
Cash in through ARARATBANK ATMs |
0% |
|
Cash in through ArCa system ATMs |
0.8% |
|
SMS messages on executed transactions, on card expiry, on annual service fee |
AMD 30 |
| The issued plastic card and the card account shall be active from the moment the card has been issued | |
* including VAT
ArCa Mother and Child Care payment plastic card is intended for payment of Child Care Benefit for children under two, maternity benefit for the unemployed person and lump-sum allowance for childbirth.
Upon receipt of the card the customer shall:
- sign on the reverse of the card
- sign both the Agreement and notification
- sign in the field designated for PIN code
Dates for crediting funds to card accounts:
- Funds credited to accounts between 17:30 of the previous business day and 9:30 of the following business day shall be activated by 10:30 of the given business day․
- Funds credited to accounts between 09:30 and 13:30 of the given business day shall be activated by 14:00 of the given business day.
- Funds credited to accounts between 13:30 and 17:30 of the given business day shall be activated on the same business day within an hour․
- Passport
- Social security card
“Your financial directory” is an electronic system which facilitates the search, comparison and selection of the most appropriate for you option among the services offered to individuals.
You have the right to communicate with the financial institution by any convenient means - by post or by e-mail. Receiving information electronically is the most convenient option. It is available 24/7, free from the risks of loss of paper information and ensures privacy.
Page updated 10.10.2023 | 09:40
In case of discrepancy between Armenian and English versions of the information, the priority is given to the Armenian version.
