PASHA Bank

PASHA Bank offers AZN and foreign currency teller services to both resident and non-resident legal entities. Such transactions are effected as per rates determined on the basis of teller services contracts.

Teller services include the following:

- opening of settlement and current accounts;
- in-country and overseas money transfers;
- depositing /withdrawing of cash from the account
- currency conversion services (cashless exchange transactions from one account to another account);
- issuance of account statements;
- consultations with regard to bank transactions.

Corporate customers, who are resident of the Azerbaijan Republic, must submit the following documents in order to open a settlement and current accounts:

- original of the articles of association or a notarized copy thereof;
- a notarized copy of the document of state registration;
- original of certificate-counterpart issued by an appropriate tax authority;
- a notarized copy of the Certificate of filing of a tax payer;
- a sheet with signature and seal specimen (notarized 2 counterparts);
- copy of the order on appointment of senior executive of organization;
- copy of the order on appointment of chief accountant of organization;
- original of instruments of incorporation or a notarized copy thereof (if more than one founder);
- copy of the document confirming identities of authorized persons;
- application to open an account.

Corporate customers, who are non-resident of the Azerbaijan Republic, must submit the following documents in order to open a settlement and current accounts:

- Power of Attorney granted to Senior representative (legalized and having notarized translation into Azerbaijani language);
- Articles of association and registration certificate of Head office (legalized and having notarized translation into Azerbaijani language);
- Decision by Head office about establishment of branch or representative office (legalized and having notarized translation into Azerbaijani language).