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Cash operations

«Bank of Baku» is offering its clients full range of banking services for the opening and administration of accounts. Through their accounts, clients of the Ban will get an opportunity to perform all types of banking operations permitted by the relevant legislation of the Azerbaijan Republic. 

What kind of benefits will you get once you open an account and start using the services of «Bank of Baku»?

  • Convenient use
  • Attractive rates
  • High quality service
  • Reliable partnership
  • At «Bank of Baku» you can open your bank account in AZN, USD, EUR or other currencies

Our rates for services are as follows:

Opening and maintenance of the account
Category of the servicesCharge rate (Note: the rate is fixed irrespective of the currency of the account)
Opening of the account

Settlement

Free of charge

Loan and deposit

Free of charge
Minimum account balanceN/A
Account maintenanceFree of charge
Closure of the accountFree of charge
Issue of account documentsFree of charge
Issue of registration-control list for submission to customs authoritiesFree of charge
Issue of account statementsN/A


List of documents required for the opening of the bank account:

Legal entities

  • Application for account opening (per each account separately)
  • Notarially certified copy of Charter
  • Notarially certified copy of certificate about state registration
  • Certificate-duplicate given out by Tax bodies for each account separately
  • Notice given out by Tax bodies for each account
  • Notarially certified samples of signatures

Note: Opening of bank account for NGOs and religious organizations require 90 day period.

Private entrepreneurs

  • Document confirming personality of businessman
  • Original of certificate-duplicate given out by corresponding tax bodies
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