Services & fees

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The RoyalBank charges competitive fees for specific services requested by clients.  We encourage you to obtain a quote for any proposed services at any of our offices.
Below are the current fees for some of the most common services:

I. Transaction Tariffs in National Currency
Opening deposit and settlement account: free
Opening loan account: 10 AZN
Transferring funds from account to account: 0,2 % (min. 1 AZN – max 100AZN)
- if the customer making payment and receiving the funds has accounts in the bank free
Extracts on account balance free
Drawing up payment documents 2 AZN
Making cash payment:
- if funds entered by way of transferring 0,8 %
- if funds entered in cash within 3 months free
Registration and issuing of check books
- 25 sheet 10 AZN
- 50 sheet 20 AZN
II.Transaction Tariffs in Foreign Currency
Opening current currency accounts for natural persons free
Opening loan account for natural persons 5$ – 15$
Opening deposit account for natural persons free
Issuingextracts from account free
Money Transfers
Beneficiary transfers:
- to inter-bank customers free
- inter-republican transfers 0,1% (min30$ – max 100$)
Transferring the funds to the foreign countries 0,3% (min30$ - max 500$)
Credits
Consumer credit 1%
- for receiving cash funds up to 300 AZN     -   5 AZN
- for opening account above 300 AZN    – 10 AZN
Documentary letter of credit
Opening letter of credit
- amount up to 1 million $ agreement (0,35% – min 100$)
- amount more than 1 million $ agreement (0,2%)
Auditing the documents 0,15 % (min 120$ – max 1200$)
Payment 0,15 % (min 120$)
Termination of letter of credit 120$
Settlement in encashment form
Accepting the documents 0,15 % (min 50$)
Paying back and returning the documents 0,15 % (min 50$)
III. Conversion Transactions
By order of the customers 0,2% – 0,4%
*If the transactions are carried out in EURO, amounts indicated in tariffs will be deducted in EURO.
The Bank is entitled to conclude individual contracts with the customers and to apply privileged tariffs for services.

All extra costs of the Bank, charges for phone, fax, telex, e-mail, courier services in any case will be deducted additionally.

 
 
 
 
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