Currency rates

Calculate

as at 21.09.2018
M
$
1 AZN =0.5872 USD 0 (0%)

Currency rates

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as at 21.09.2018
  Buy Sell
Currency CBA rate Cash operations Non-cash operations Cash operations Non-cash operations
USD 1.7000 1.6970 1.6780 1.7030 1.7020
EUR 2.0024 1.9821 1.9523 2.0114 2.0164
GBP 2.2562 2.1998 2.1998 2.2833 2.2788
RUR 0.0256 0.0247 0.0239 0.0258 0.0258
CHF 1.7728 1.6487 1.6842 1.8969 1.8614
JPY 0.0151 0.0140 0.0143 0.0162 0.0159
CAD 1.3172 1.2250 1.2513 1.4094 1.3831
AUD 1.2396 1.1528 1.1776 1.3264 1.3016
TRY 0.2727 - 0.2591 - 0.2863
AED 0.4628 0.4165 0.4397 0.4952 0.4859
SEK 0.1937 0.1801 0.1840 0.2073 0.2034
NOK 0.2086 0.1940 0.1982 0.2232 0.2190
DKK 0.2685 0.2497 0.2551 0.2873 0.2819
KZT 0.0047 - 0.0045 - 0.0061
GEL 0.6489 - - - -
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Open a current account

Open an account

To open a current account you need to provide the following documents:

  • Application
  • Notarised copy of the legal entity's charter
  • Notarised copy of the state registration statement of legal entities
  • Original of the duplicate certificate issued by the State Social Protection Fund of the Republic of Azerbaijan (except profit legal entities and individual entrepreneurs)
  • Original of the duplicate certificate issued by the relevant tax authority
  • Signature and seal/stamp specimen

Government bodies need to provide the following documents:

  • Application
  • A letter of permission by the State Treasury Agency of the Ministry of Finance of the Republic of Azerbaijan to open a bank account for institutions funded by the state budget or Nakhchivan AR's budget;
  • a documentary evidence of approval of the Charter of a public authority acting under a charter approved by the relevant executive power’s act;
  • Original of the duplicate certificate issued by the State Social Protection Fund of the Republic of Azerbaijan
  • original of the duplicate certificate issued by the relevant tax authority
  • signature and seal/stamp specimen

Municipality needs to provide the following documents:

  • Application  
  • The text of the legal act on approval of the municipality’s charter, registered with the State Register of Legal Acts of the Republic of Azerbaijan
  • Original of the duplicate certificate issued by the State Social Protection Fund of the Republic of Azerbaijan
  • Original of the duplicate certificate issued by the relevant tax authority
  • Signature and seal/stamp specimen

Individual entrepreneur needs to provide the following documents:

  • Application  
  • ID of and individual entrepreneur
  • Original of the duplicate certificate issued by the relevant tax authority
  • Signature specimen sheet

Branch or a representative office of legal entity need to provide the following documents:

  • Application
  • Notarised copy of the state registration statement of legal entities
  • Original or a notarized copy of the charter of the branch, the representative office approved by the legal entity (entities operating under a model charter must provide documentary evidence of the model charter)
  • Original of the duplicate certificate issued by the State Social Protection Fund of the Republic of Azerbaijan
  • Original of the duplicate certificate issued by the relevant tax authority
  • Signature and seal/stamp specimen

Trade Union association need to provide the following documents:

  • Application
  • Resolution or an excerpt from a resolution by the Trade Union association, the Trade Union primary is a member of, documenting creation thereof
  • Notarised charter of the Trade Union association
  • Original of the duplicate certificate issued by the relevant tax authority
  • Signature and seal/stamp specimen

Family farm should provide the following documents:

  • Application
  • a notarized copy of the certificate issued by the municipality where the farm is registered under the relevant application
  • ID of the head of the family farm (the ID shall be verified against the account application and signature specimen sheet, a copy of the ID shall be kept at the bank and the document returned to the owner)
  • Original of the duplicate certificate issued by the State Social Protection Fund of the Republic of Azerbaijan
  • signature specimen sheet

Official representative should provide the following documents:

  • Application
  • documentary evidence of the status of the foreign diplomatic or other official representative office (translated into Azerbaijani and notarized copy)
  • signature and seal/stamp specimen

You can open account in the following currencies:

  • Azerbaijani manat (AZN)
  • US dollars (USD)
  • Euro (EUR)
  • British pound (GBP)
  • Russian ruble (RUB)
  • Swiss franc (CHF)

What you can do

You can make the following bank operations using your current account:

Tariffs

Account opening

(for corporate customers)

Current account opening

(free of charge for deposit accounts)

Free

Information about FATCA and CRSDownload16 kB
Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities)Download121 kB
Request for Taxpayer Identification Number and CertificationDownload117 kB