Operation Currency
AZN USD EUR
Opening of the letter of credit
– up to 500000 AZN/USD/EUR 0,2%
min 50 min 50 min 50
– 500001-1000000 AZN/USD/EUR 0,15% 0,15% 0,15%
– 1000001 AZN/USD/EUR and more 0,1% 0,1% 0,1%
Aviso of the letter of credit (without bank
approval)
0,1%
min 30 max 300 min 30 max 300 min 30 max 300
Check up of documents (for each sent
document)
0,1%
min 30 max 300 min 30 max 300 min 30 max 300
Money transfer under the letter of credit to
beneficiary bank (for each transfer)
0,1%
min 50 max 300 min 50 max 300 min 50 max 300
Confirmation of the letter of credit (monthly or by
parts)
Based on agreement
Delayed payment (are taken additionally from the transfer
commission of letter of credit)
30 30 30
Changing the conditions of letter of credit 30 30 30
Transfer of the letter of credit 0,1%
min 50 max 300 min 50 max 300 min 50 max 300
Increasing the amount of letter of credit 0,2%
min 50 min 50 min 50
Cancellation of letter of credit 100 100 100
Post services (for each sent parcel) 50 50 50

Note: Commission fees of correspondent bank are withdrawn additionally. If documentary letter of credit is opened according to the credit line in loan account or credit line of letter of credit, both the credit line interests and operational commissions on current tariffs are withdrawn.