Domestic transfers
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Domestic transfers

Terms

Domestic transfers are the easiest and the most affordable way to transfer money to your company's account or to other people's account at any local bank. This kind of transfers can be made only in local currency.

You can choose 2 various local transfer systems to make the transfer.

"XÖHKS" system:

  • The maximum amount of transfer can be up to AZN 40,000 (except for a payment to the budget).
  • The beneficiary will get the money within 2 working day.

"AZİPS" system:

  • The transfer amount is unlimited.
  • If the payment order is received by the branch until 16:30 the order will be executed with the same day value date. If the payment order is received by the branch 16:30 the order will be executed with the next working day value date.

To make a domestic transfer, please provide 2 copies of the payment order to your branch.

Note the following information in the payment order:

  • Date and number (the payment order will be valid within 3 working days);
  • Sender details (name, surname, account number, TAX ID);
  • Sender bank’s details (name, code, TAX ID, correspondent account, SWIFT);
  • Beneficiary details (name, surname, account number, TAX ID);
  • Beneficiary bank details (name, code, TAX ID, correspondent account, SWIFT);
  • Amount and currency of transfer;
  • Details of payment;
  • Signatures;
  • Stamp.

Charge and fees

Domestic transfers

via "XÖHKS"

0.1% (minimum  AZN 1 maximum  AZN 50)

-

via "AZİPS"

0.15% (minimum AZN 3 - maximum  AZN 100)

-

Foreign currency transfers within the country

-

0.1% (min. USD 1 equivalent  - max. USD 50 equivalent)

Transfer investigation

 AZN 10

USD 10 equivalent

Changes in payment documents after the execution of the transfer

 AZN 5

USD 5 equivalent

Acceptance of a request for reversing a payment orderı 

 AZN 5

USD 5 equivalent

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