FAQ              
06.07.2008 
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rates
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USD
0.8097
0.808
0.818
EUR
1.2725
1.2660
1.288
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0.0344
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1.6067
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Account administration
«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

  • Our clients can get answers to their inquiries and needs at any branch or office of the Bank;
  • Through «Bank-Customer» system you can get information on the current status of your account and perform various operations without a need to visit the Bank;

Attractive rates

  • Our rates for the opening and maintenance of the account are attractive and are in line with the existing market conditions;
  • Furthermore, by opening an account in «Bank of Baku», you will get a chance to use other services provided by our Bank at very attractive terms;

High quality service

  • «Bank of Baku» is flexible and outstanding in its policy towards performance of banking operations, which are carried our with the use of latest bank technologies;
  • Our professional staff members will be diligent in dealing with your inquiries, and can provide you with advise and recommendations with respect to any aspect of banking operations;

Reliable partnership

  • During 12 years of its activities, «Bank of Baku» have always taken due account if interests and needs of its customers and tried to be a truly reliable partner. As a result, according to its clientele basis, the Bank is one of the largest in Azerbaijan. Currently, the number of individual and corporate clients and customers is in excess of 35000.
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 services

Charge 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 balance

N/A

Account maintenance

Free of charge

Closure of the account

Free of charge

 

 

Issue of account documents

Free of charge

Issue of registration-control list for submission to customs authorities

Free of charge

Issue of account statements

AZN 5

Issue of archive documents on the account

AZN 5

LIST OF DOCUMENTS REQUIRED FOR THE OPENING OF THE BANK ACCOUNT


LEGAL ENTITIES

  1. Account opening application (to be provided by the Bank);
  2. Bank Account Agreement (to be provided by the Bank; 2 copies);
  3. notarized copies of the charter or regulations;
  4. notarized copy of the certificate of state registration;
  5. notarized copy of the Certificate of registration with the State Statistics Committee of the Azerbaijan Republic;
  6. Certificate-Duplicate for each proposed account issued by the tax authorities;
  7. Notification for each proposed account issued by the State Social Protection Fund;
  8. Notarized signature samples– (card will be provided by the Bank; 2 copies for each account).

 

PRIVATE ENTREPRENEURS

  1. Account opening application (to be provided by the Bank);
  2. Signature and seal sample (to be provided by the Bank);
  3. Bank Account Agreement (to be provided by the Bank; 2 copies);
  4. Personal identification document;
  5. notarized copy of the Certificate of registration with the State Statistics Committee of the Azerbaijan Republic;
  6. original of the certificate-duplicate issued by the relevant tax authority (for each account);
  7. original of the notification issued by the State Social Protection Fund (for each account).

Additional information:



Please send us your queries related to this service. Approach any branch or office of the Bank or call Information center 145.

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