All sections
All sections
All sections
Banners main page
About the bank
Corporate banking
Cards
Deposits
Urgent money transfers
Online services
News
Bankımız mediada
Loyalty club
Cash operations
Documentary operations
Announcements
Branches and ATMs
Videos
Selectors
Debet cards
Local cards
Credit cards
For business
When
Service time
Monday - Friday (10: 00-18: 00)

Documentary operations

  • Bid bonds
  • Prepayment bonds
  • Performance bonds

Fees:

Please review the existing fees of the Bank applicable upon bank guarantees: please note that the Bank’s fees applicable to bank guarantees also apply upon stand-by letters of credit

Bank fees for bank guarantees

These fees apply upon stand-by letters of credit as well

Fee rate (Note: the fees remain fixed irrespective of the currency of the transaction)

Out-bound guarantees

Issue of a guarantee

0.2% min. 50 AZN

Modification of terms / cancellation of a guarantee (except for the increase of the amount of a guarantee)

50 AZN

Increase of the amount of a guarantee (of the amount of increase)

0.2% min. 50 AZN

Transfer of funds under a guarantee (per transfer)

0.3 % min. 20 AZN max. 300 AZN

In-bound guarantees

Notification of a guarantee (without confirmation of the Bank)

0.1%, min. 50 AZN

Notification of a guarantee (with confirmation of the Bank)

1.5 % per annum

min. 50 AZN 
(for every complete or incomplete quarter)

Modification of terms / cancellation of a guarantee (except for the increase of the amount of a guarantee)

50 AZN

Increase of the amount of a guarantee (of the amount of increase)

0.1 % min. 50 AZN

Increase of amount under a guarantee (subject to an approval of the Bank)

1.5 % per annum 
min. 50 AZN 
(for every complete or incomplete quarter)

Bank of Baku © 2017
Site by Jeykhun Imanov Studio