Non-cash settlements and wire transfers are among the most widely used categories of bank services.
At any branch of «Bank of Baku» you can use the services of the Bank to make transfers to any place in Azerbaijan or abroad. Existing correspondent relations of the Bank with a number of foreign banks, including such large financial institutions as American Express Bank, Dresdner Bank, Fortis Bank, Raiffeisen Zentral Bank, KBC Bank, etc. will give you a chance to make your overseas transfer within the shortest time and with high quality.
The Bank is using SWİFT and AZİPS software for wire transfer.
Our rates for these services are as follows: |
|
Transfers and wired deposits |
Category of the service |
Charge rate |
AZN |
USD |
EUR |
OTHER |
Transfer into the account |
Free of charge |
Transfer within the Bank |
Free of charge |
Transfer outside the Bank – in Azerbaijan |
0,1 %
min. AZN 1
max. AZN 200 |
0,3 %
min. AZN 30
max. AZN 300 |
Transfer outside the Bank – outside Azerbaijan |
... |
0,3 %
min. AZN 30
max. AZN 300 |
Urgent transfers* |
AZN 30 |
Investigation, amendment or cancellation of the instruction - * |
AZN 5 |
AZN 35 |
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| * |
To have the transfer executed in an urgent manner, the instruction shall contain the word “Urgent” endorsed the authorized signature of the client. Bank charges for this category of the service (urgent transfer) will be in addition to the applicable service fee. Time for acceptance of urgent instructions and period of implementation thereof is shown herein below: |
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| |
Receipt of payment instructions |
Payment system |
Period of implementation of the instruction |
9:00 – 16:00 |
AZİPS, SWIFT |
Within 30 minutes |
16:01 – 17:00 |
SWIFT |
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| ** |
Where investigation is required with respect to transferred funds, charges of other banks will be levied from the client. To pay such charges, in addition to the fees of the Bank, the customer shall have at its account blocked the amount of AZN 50. The unused portion of that amount will be repaid to the customer within 3 months upon decision 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.
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