Cash settlement servicesEveryday banking services for your business
What are cash settlement services?
We provide resident and non-resident legal entities and individual entrepreneurs with convenient cash settlement services in manat and other currencies, as well as advisory services in this area.
These services enable customers to carry out their daily financial operations, both cash and cashless payments, conveniently and promptly.
Choose the service that suits you
Cash deposit to current account
Funds can be deposited into the current account both in cash and by transfer. Deposit transactions may be carried out by both the account holder and their business partners through bank transfers.
Cheque book service
When a current account is opened, a cheque book is provided upon the customer’s request. A cheque can be used to pay cash from the account to other persons.
Issuance of account documents
As part of cash settlement services, customers are provided with statements, letters and other supporting documents on account balances and movements.
Local and international payments
Based on customers’ instructions, payments are made from the account to the accounts of both domestic and foreign partners in various currencies. The Bank’s membership in SWIFT, VISA, AZIPS, AOS and XOHKS payment systems, as well as its extensive correspondent relationships with reputable foreign banks, ensures the high speed of international and local transfers.
Standing payment orders
Standing payment orders submitted by customers allow recurring payments, such as rent and service expenses, to be made automatically. This removes the need to prepare a new instruction each time and saves your time.
Currency exchange
Customers can carry out currency exchange (conversion) transactions both in cash and by transfer.
Cash withdrawal
Upon request, the customer can receive the funds in the account in cash, in manat or foreign currency.
Statements in SWIFT MT940 format
At the customer’s request, a statement covering account transactions and balance is sent via SWIFT to the bank specified in the application, for example, the bank servicing the parent company abroad.
