Menu
AZENFA

Tariffs

OPENING AN ACCOUNT

1

Service fee for opening all current accounts regardless of the type of currency

10 monetary unit

2

Opening savings and other accounts regardless of the type of currency

Free of charge

MONEY ENTRANCE ON ACCOUNT

3

Service fee for inclusion of funds in the account  regardless of the type and source of currency 

Free of charge

TRANSFER OF FUNDS FROM THE ACCOUNT

4

Service fee for internal transfers regardless of the type of currency

Free of charge

5

Service fee for AZN transfers within the Republic (except for the transfers of customers’ insurance fees and state budget and compulsory social insurance fees brought against the account)

0.1 % (min 0,50 AZN;          max 100 AZN)

6

Service fee for the amendment, cancellation and investigation of AZN transfers executed within the Republic (upon the official request of customer) 

0.1 % (min 0,50 AZN;          max 40 AZN)

7

Service fee for the more than 100 MU transfer of funds exchanged in our bank for the execution of import contracts 

0.5% (min 10 $ equiv.            max 1000 $ equiv.)

8

Service fee for the amendment, cancellation and investigation of transfers in foreign currencies inside and outside the Republic (upon the official request of customer) 

10 $ equiv.  + service fee of intermediary banks

WITHDRAWAL OF FUNDS IN CASH FROM ACCOUNT

9

Service fee for the withdrawal of funds in cash entered into the account regardless of the type of currency within three years

Free of charge

10

Service fee for the withdrawal of cash funds in manat entered into the account  by transfer or in cash for more than three years (except for insurance payment and return transfers  of our loan customers remaining in the account for three years)

0.5% (min. 2 AZN)

11

Service fee for the withdrawal of cash funds in foreign currencies entered into the account  by transfer or in cash for more than three years: 

1% (min. 1 MU)

 

12

Service fee for the withdrawal of funds received in cash without customer’s bank account  

1% (min. 5 MU)

EXCHANGE TRANSACTIONS

13

Service fee for exchange transactions of insurance and other payments received by transfer related to loans obtained from our bank

According to the official rate of CB (Central Bank) for the date of transaction 

14

Service fee for all exchange transactions above the limit of 50000 (Other than internal non-cash exchange transactions  of correspondent banks)

According to the bank current non-cash exchange rate

ACCOUNT STATEMENT AND REFERENCE ABOUT ACCOUNT

15

Service fee for the issuance of account statement

Free of charge

16

Service fee for the repeated issuance of account statement (in accordance with the CB rate in case of  deductions from foreign currency accounts) 

10 AZN

17

Service fee for written letter, reference and banking transaction references submitted to customs office  (in accordance with the CB rate in case of  deductions from foreign currency accounts)  

10 AZN

18

Service fee for archive information (for each document) (in accordance with the CB rate in case of  deductions from foreign currency accounts)  

10 AZN

ISSUANCE OF CHEQUE BOOKS AND CLOSURE OF ACCOUNTS

19

Submission of  cheque book (25 sheets)

15 AZN

20

Submission of cheque book (50 sheets)

20 AZN

21

Closure of account

Free of charge

CORRESPONDENT ACCOUNTS

22

Service fee for opening correspondent accounts regardless of the type of currency

Free of charge

23

Commission fee deducted from the amount withdrawn in excess of the fund entered to the account of correspondent bank in cash 

by agreement

24

Service fee for internal transfers on the instruction of the correspondent bank

Free of charge

25

Service fee for transfers to its correspondent accounts in other banks on the instruction of the correspondent bank

 30 MU

26

Service fee for transit money transfers from foreign banks to the banks of Azerbaijan Republic, customers and in the opposite direction

0.5% (min. 10 $ 

- max.1000 $)  + service fee of other bank

 

27

Commission fee for internal non – cash exchange transactions of correspondent banks

According to the agreed rate for the date of transaction

28

Cash collection

According to the agreement through negotiations

CREDIT  TRANSACTIONS

29

Service fee for the analysis and documentation of orders on consumer loans

0.5%

30

Service fee for cashing orders on consumer loans

0.5%

31

Service fee for the analysis and documentation of other loans

1.5%

32

Service fee for cashing other loans

0.5%

 

                                      Guarantee 

 

33

Service fee for opening guarantee

1% (min. 200 MU)

34

İncrease the amount of the guarantee

1% (min. 200 MU)

35

Extension of guarantee term

0.5% (min. 200 MU)

36

Changing the term of guarantee

50 MU

37

Early termination of the guarantee

100 MU

38

Opening guarantee based on the contour guarantee of another bank

1% (min. 200 MU)

39

Changing amount of guarantee based on the contour guarantee of another bank

1% (min. 200 MU)

40

Advising bank

 100 MU

41

Commitment fee (yearly)

3%

42

Guarantee to a physical person (based on contour  guarantee)

1%

                                                        Letter of Credit

43

Opening letter of credit (up to 3 months)

1 %

44

Reception and verification of documents

10 MU

45

Extension of letter of credit (Up to 3 month)

0.5% (min. 200 MU)

46

İncrease the amount of the letter of credit

1 %

47

Changing the term of guarantee

10 MU

48

Early termination of the guarantee

100 MU

49

Confirm Letter of credit

3% (min. 200 MU)

50

Transferable 

by agreement

51

Commitment fee (yearly)

3 %

52

Advising bank

100 MU

PLASTIC CARD TRANSACTIONS

53

Service fee for the order of salary card 

10 AZN

54

Service fee for cash transaction from the Bank’s ATM with salary cards 

Free of charge

55

Service fee for the Bank’s POS – terminals with salary cards

Free of charge

56

Service fee for conversion transaction with salary cards

0.5%

57

Service fee for the order of local plastic  cards

10 AZN

58

Service fee for cash transaction from the Bank’s ATM with local plastic cards

1% (min. 0.5 MU)

59

Service fee for cash transaction from the Bank’s POS terminals with local plastic cards

-

60

Service fee for conversion transaction  with local plastic cards

0.5%

61

Service fee for the issuance of urgent payment cards 

20 AZN

  62                   SMS service for operations with plastic cards.                  5 AZN
  63                                   Dublicate Payment cards.                     5 AZN

NOTE:

  • The present rates can be changed unilaterally by the bank (unless otherwise specified in the agreement).
  • Accounts are being closed if transactions on the account are not conducted for more than 1 (one) year and in this case, small balances in the account (less than 1 AZN, 1 USD and 1 EURO) are attributed to the income of bank.
  • Previous rates shall be deemed invalid from the date of entry into force of the present rates.
  • If payment order made in manat is presented on weekdays (Monday – Friday) till 2 p.m., and received after 2 p.m. on the current day, it is executed on the next business day.
  • If payment order made in foreign currency is presented on weekdays (Monday – Friday) till 4 p.m., and received after 4 p.m. on the current day, it is executed on the next business day. 
  • Unless otherwise specified, Bank itself chooses the correspondent bank for the execution of customers’ payment documents.
  • Individual rates can be agreed by contract in cooperation with correspondent banks.
  • Rates dated 02.03.2011 agreed with International Bank of Azerbaijan remain in force.
  • The term “monetary unit” (MU) is applied to the currencies such as Azerbaijani manat, USD and Euro.