State support account

The service is available only for accounts that have already been opened. The opening of new state support accounts at Amio bank has been suspended.

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.