Back

Business Deposit

Our deposits will allow you to save money comfortably and use them as efficiently as possible!

Features

Currency

AZN / USD / EUR

Period

up to 24 months

Interest rate

up to 6%

Amount

1 000 000 AZN/USD/EUR

Documents required to open a deposit for legal entities:

  • 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.

Calculation of interest in case of early termination of the contract

Period: 0-90 days

 0%

Period: After 90 days

 10%

Period Interest rate
Currency

AZN

USD

EUR

6 months

3%

0.2%

0.01%

9 months

4%

0.4%

0.02%

12 months

5%

0.6%

0.03%

24 months

6%

0.8%

0.04%