Although the history of Coinstar corporation reaches 100 years, it is a relatively “young” player at the market for urgfent money transfer services. Currently, Coinstar has got its office in major airports, sea ports, railway stations, leisure and business centers, downtown streets in more than 80 countries on 4 continents.
You can use services of Coinstar for urgent money transfers not only from the Group’s own service points, but also through partner banks, including «Bank of Baku».
The main advantages of the system are:
• large network of offices
• competitive rates
• application of highly reliable security system
Another distinguishing feature of the system is that exchange of information is performed directly via Internet technologies. This, in turn, ensures efficiency and security of money transfers. |
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Commission fees applicable to cash transfers from Azerbaijan via Coinstar (in USD) |
Amount |
Commission |
100.00 or less |
4.00 |
100.01 - 200.00 |
6.00 |
200.01 - 300.00 |
10.00 |
300.01 - 400.00 |
14.00 |
400.01 - 500.00 |
18.00 |
500.01 - 750.00 |
25.00 |
750.01 – 1250.00 |
30.00 |
1250.01 - 1750.00 |
40.00 |
1750.01 - 2250.00 |
55.00 |
2250.01 - 2750.00 |
75.00 |
2750.00 – 3000.00 |
85.00 |
3000.01 – Limit |
95.00 |
Note: maximum amount which you can send in one transaction is limited to USD 5000. |
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Additional services:
1. Message – free of charge (any number of words)
2. Notification of payment – free of charge (any number) |
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Procedure for sending and receiving of money |
| What should I do to send money ? |
1. Visit branch or an office of the Bank;
2. Complete money transfer form;
3. Submit the completed form and your identification document to the Bank’s employee;
4. Pay the necessary amount to the cashier once you get the relevant documents from the Bank’s employee |
What should I do to receive money ? |
1. Visit branch or an office of the Bank;
2. Complete money receipt form, showing control code, name of the sender, amount transferred, place of origin of transfer and – as the most important item – transfer reference number;
3. Submit the completed form and your identification document to the Bank’s employee;
4. Collect the transferred amount from the cashier once you get the relevant documents from the Bank’s employee; |
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Important notes!
1. If you wish to use any of the services, please ask the employee of the Bank on availability of the required service in the country of the recipient of the service.
2. Please use printed letters when completing the form for transfer or receipt of cash.
3. No fee is levied from the customer on the receipt of cash. Fees for transfer are determined in accordance with international money transfer tariffs as applied by Coinstar system.
4. All operations for transfer and receipt of money are regulated by the relevant legislation of the Azerbaijan Republic.
5. You can send or receive money through Coinstar in any branch or office of the Bank. |
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Additional Information:
Please send us your queries related to this service. Approach any branch or office of the Bank or call Information center 145. |