| What is the difference between keeping your extra cash at home or in the office, and placing it to the deposit in the Bank? |
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Main criteria |
If you keep your money at home or in the office |
If you keep your money in the Bank |
Safety |
Of course, you can take a number of measures, to ensure the safety of your cash, however, no one can be 100% protected from certain unexpected occurrences! |
Bank, in all events, is responsible for cash taken into deposit. Whatever happens, fire, natural disaster, and even robbery, you can assured as to the safety of your money. |
Convenience |
You always worry as to where and how, in which form, in which currency to keep your extra cash at home or in the office, and to make any mistake every time you want to take some cash.. everyone is aware of inconvenience caused by all these factors. |
If you decide to keep your money in the Bank, you do not face any such problems, You can use any currency and terms & conditions of your choice to open a savings account in the Bank and only you decide how to make use of the funds in that account. |
Profitability |
There is an unwritten law effective at all times – money should circulate and should bring an income! As the time passes by, as any other item, money loose their value. If you opt to keep your money at home or in the office that becomes unavoidable... |
When you keep your money in the bank, you ear interest and do not have such a problem. Especially, in inflation periods, money kept in the Bank, are, to the extent, protected from devaluation. Furthermore, if you open a savings account, you get a chance to make use of some extra benefits. |
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| Although such a comparison sheds light on many issues, we still have to find an answer to a very important and complex question – which bank should one select, which bank can one trust, and, of course, where to place your money? |
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Convenience and diversity |
"Bank of Baku" offers you a “DYNAMIC” savings account, which has got a number of various, flexible, useful and beneficial features, and a lot of advantages |
Freedom in selection of the account currency |
You can have your savings account in AZN, USD or EURO |
High reliability and security |
We use at the Bank the latest bank technologies and security systems, For the information purposes we wish to note that for the 14 years of activities of the Bank, we had NO extraordinary event and NO incidents! |
Confidentiality |
"Bank of Baku" guarantees the confidentiality of savings placed into the Bank in accordance with the law of the Azerbaijan Republic On Bank Deposits! |
Flexible conditions |
Customer has the option to increase or to decrease the amount of the deposit, to get interest, monthly or at the end of the term of the account |
Additional advantages |
By selecting “DYNAMIC” savings you get a chance to get a free-of-charge credit card, credit line in the amount of up to 80% of the deposit, free-of-charge use of the safe deposit box, and also a chance to have your deposit insured and other advantages. |
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Additional Information:
- It will take just 10-15 minutes of your time to have your savings account with «Bank of Baku» open!
- You can put money to your account either on cash or by transfers
- You have an option to have the term of your account automatically extended at the end of the period
- Interest is calculated daily
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