Settlement & Cash Operations | Azər Türk Bank | Your State Bank

Settlement & Cash Operations


Azer Turk Bank OJSC offers legal persons and individuals engaged in entrepreneurial activities opening of current accounts in Azerbaijani manat, US dollars, Euro, Russian rubles, Turkish lira, Swiss Franc and Pound Sterling. Opening of accounts and operations on them are implemented in accordance with the legislation of the Republic of Azerbaijan and the Bank's internal regulations.

Legal persons and private entrepreneurs are provided with the following services:

  • Opening of a current account in the above mentioned currencies
  • Non-cash transactions within and outside Azerbaijan
  • Depositing cash and non-cash funds
  • Withdrawal of cash from the account
  • Maintenance of statements and certificates on the account and operations on it.
  • Multi-currency conversion transactions on purchase and sale of currencies
  • Professional advice on banking operations
  • Encashment services – receiving cash and its transportation from one place to another upon the customer’s request (for example from client’s office to the Bank or vice versa).

he Bank’s settlement system enables free and quick inter-branch money transfers. Transfers within and outside the country are held in Azerbaijani manat and foreign currencies.
The commission for opening of an account and transactions on it are charged in accordance with official tariffs of Azer Turk Bank OJSC.

 In order to open a current account legal entities should provide the following documents:

  1. Application form for opening an account (provided by the Bank)
  2. Agreement for opening an account (provided by the Bank)
  3. Charter or Statute (notarized copy)
  4. Excerpt from State Registry of the Ministry of Taxes of the Republic of Azerbaijan (notarized copy)
  5. Original of the duplicate certificate issued by the State Social Protection Fund of the Republic of Azerbaijan (not applied for commercial legal entities and individual entrepreneurs)
  6. Original of the duplicate certificate issued by the Tax Authority
  7. Specimen signature and seal sheets
  8. Copies of ID documents of the authorized signatories
  9. Document/order about appointment of the authorized signatories possessing the right of disposal.

In order to open a current account individual entrepreneurs should provide the following documents:

  1. Application form for opening an account (provided by the Bank)
  2. Agreement for opening an account (provided by the Bank)
  3. Original of the duplicate certificate issued by the Tax Authority
  4. Specimen signature sheet (provided by the Bank)
  5. ID of the individual entrepreneur (the information on the document is compared with that in the application and specimen signature sheet bank representative keeps the copy and returns the document to the owner).

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