Currency rates

16.01.2017

Buy Sell
USD 1.78 1.865
EUR 1.888 1.979
GBP 2.141 2.244
RUR 0.0299 0.0313
Buy Sell
USD 1.78 1.865
EUR 1.888 1.979
GBP 2.141 2.244
RUR 0.0294 0.0313
CHF 1.76 1.8449
CAD 1.3541 1.4193
TRY 0.4735 0.4963
JPY 1.5584 1.6335
AED 0.4845 0.5078
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Merchant Acquiring Service

DemirBank offers POS terminal setup service (acquiring) in shops as a convenient and contemporary method of electronic payments. 

Acquiring services (installation of POS-terminals)

DemirBank offers POS terminal setup service (acquiring) in shops as a convenient and contemporary method of electronic payments. 

Advantages for a business

  • Increased sales turnover - credit card users are known to make impulsive purchases more often and spend more on average than customers paying in cash; 
  • New and high-quality service to clients; 
  • Reduced volume of cash accumulations and financial risks associated with keeping cash on hand; 
  • Convenient control and accounting with money automatically settled to your corporate account; 
  • Increased competitiveness and provision of a wider range of payment methods to customers; 
  • Preparation, setup and maintenance of a POS terminal, as well as staff training are provided free of charge. 

DemirBank advantages

  • DemirBank is a principal member of VISA and MasterCard systems. DemirBank is also an Affiliate Bank and sponsors more than 8 banks in the field of Acquiring. 
  • One of the most beneficial tariffs in Azerbaijan.
  • Local cards – 1%
  • International cards – 1,8%
  • Quick POS terminal setup in a shop – 2 (two) days. 

DemirBank offers very beneficial terms and conditions for banking card transactions! 

  • Opening an account with DemirBank – free of charge!
  • POS terminal setup – free of charge!
  • Staff training – free of charge!
  • Amount of deposit – 0 AZN
  • Monthly POS terminal rent – free of charge! Cash disbursement from POS accounts – only 0.9%!
  • MasterCard debit card associated with a POS account - free of charge!

Commissions and fees:

MilliKart processing center and DemirBank cards (local cards) - 1% 

All other cards – 1.8%

Bank commissions:

Currency conversion – 0.6%

Domestic AZN money transfer for individuals – 0.1% min 0.60AZN / max 50AZN

Domestic AZN money transfer for legal entities – 0.15% min 0.60AZN / max 60AZN

Domestic USD money transfer for individuals – 0.15% min 1USD / max 50USD

Domestic USD money transfer for legal entities – 0.15% min 1USD / max 100USD

Foreign money transfer – 0.3% min 20 / max 300 

Cash out interest rate – 0.9% 

 

Documents required for POS terminal setup:

Opening of account

INDIVIDUALS LEGAL ENTITIES
Copy of ID card  Charter of incorporation (notarized)
Copy of Tax ID Extract from the state registry (notarized)
  Sample of signature (notarized)
  Copy of Tax ID
  Copy of authorized person’s ID card (managing director) and order of appointment (or power of attorney);

 POS terminal application

INDIVIDUALS LEGAL ENTITIES
Copy of lease agreement Copy of lease agreement
Copy of a tax authority’s statement in confirmation of reference numbers and field of activity  Copy of a tax authority’s statement in confirmation of reference numbers and field of activity

 Notes:

The Bank reserves the right to deny an application for POS terminal setup. 

In the event of problems with your POS terminal, please contact us at phone numbers below or contact your bank branch/unit.

MilliKart support service (24/7)

(+ 99412) 598 10 02, (+ 99412) 431 72 66

DemirBank hotline 

(+994 12) 149, (+994 12) 444 72 27