Cash and settlement services

Bank Respublika offers individuals a complete range of services and additional options for cash and settlement transactions:

  • Opening a demand/current account in manats, USD, Euro and other currencies
  • Charging funds to accounts in cash and non-cash forms
  • Bank transfers across Azerbaijan and overseas
  • Withdrawal of cash from account
  • Release of transaction and account summaries and statements, copies of payment documents
  • Multi-currency conversion transactions to purchase and sell currency
  • Advice on banking transactions
  • Cash collection services

Procedure for opening a current/demand account for individuals:

To open a current/demand account you need to come to the Bank with an identification document. At the Bank, you will complete an application form for opening an account and certify a signature specimen. To open a current account individuals authorized to engage in entrepreneurial activities will also need to submit to the Bank a duplicate certificate from the Ministry of Taxes (1 copy for each kind of account)

Cash and settlement services will be performed on the basis of the rates set under the Agreement signed between the Bank and the Client.


FATCA &CRS bulletin

To the attention of Financial Institutions