Currency transactions

RETAIL BANKING Currency transactions

EXPERIENCE OVER 30+ YEARS

TuranBank provides the following services for currency exchange operations to all customers:

Purchase and sale of foreign currency at current exchange rates;
Swap transactions with foreign currencies;
Withdrawal of cash in foreign currency from the bank's ATMs through plastic cards in the national currency;
Withdrawal of cash from ATMs of the bank in the form of national currency through plastic cards in foreign currency;

Exchange rates are determined based on the Central Bank and current exchange rates.

Convenient, safe and fast banking

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TuranBank has opened a correspondent account in US dollars with Habib American Bank.

Having successfully developed relations with foreign financial institutions, TuranBank OJSC has started strategic cooperation with Habib American Bank (HAB) to expand the network of international correspondent relations. As part of our collaboration, TuranBank will establish a correspondent account in US dollars at Habib American Bank, a renowned institution known for its excellence in international payments and settlements in the United States of America (USA). This strategic move will streamline foreign currency transactions for our valued...

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A trade financing agreement was concluded between TuranBank and Asian Development Bank

Marking a significant milestone, TuranBank OJSC, a prominent player in the country's banking sector, has entered into a pivotal agreement with the Asian Development Bank (ADB) to finance international trade operations. Within the framework of the new agreement, ADB approved the trade financing guarantee limit by including TuranBank OJSC in the "Trade and Supply Chain Financing Program" (TSCFP). This agreement will allow the country to expand import-export operations and support customers' trade operations. "We are happy to see that...

TuranBank has become the bank that contributes the most to the increase in competitiveness within the microlending.

TuranBank was awarded at the III Agribusiness Development Forum, held jointly with the Agricultural Credit and Development Agency under the Ministry of Agriculture of Azerbaijan and the Food and Agriculture Organization (FAO) of the United Nations on March 29th. Specifically, TuranBank, which has always supported the development and financing of entrepreneurship, especially in rural areas, and contributed to the development of the private sector in Azerbaijan, was awarded in the category of "the bank that contributed the most to the...