Business Deposit / Deposits / Business

Features

Currency

AZN / USD / EUR

Period

up to 24 months

Interest rate

up to 6%

Amount

1 000 000 AZN/USD/EUR

Application for opening an account (1 copy for each type of account)
Sample signatures (2 notarized copies)
Charter (original or notarized copy)
Certificate of the Ministry of Justice of the Republic of Azerbaijan (notarized copy)
Certificate of the State Statistics Committee of the Republic of Azerbaijan (notarized copy)
Duplicate certificate of the Ministry of Taxes of the Republic of Azerbaijan (1 copy for each type of account)
Extract from the application for the appointment of the head of the enterprise and the chief accountant

Currency	AZN/USD/EUR
Maximum amount	1 000 000 AZN/USD/EUR *
Deposit increase	Impossible (new contract must be signed)
Minimum deposit period	6 months
Maximum deposit period	24 months
Interest calculation	Calculated depending on the term of the deposit
Interest payment	At the end of the period
Accrual of interest in case of early termination of the contract	Calculated based on the number of days that have passed from the date of signing the contract to the date of expiration of the deposit

*Mention: The decision to accept a deposit in the amount of more than 1,000,000 manats / US dollars / euros is within the competence.

Period: 0-90 days	0%
Period: After 90 days	10%