Businesses in Azerbaijan gain round-the-clock access to FX operations
By Trend
Through the internet banking service, entrepreneurs in Azerbaijan can now carry out currency exchange operations around-the-clock. This business opportunity has been provided by the largest commercial bank in the country, PASHA Bank.
All PASHA Bank customers will be able to use the new service, director of the bank’s treasury department, Jeyhun Hajiyev said in an interview with Trend.
“Imagine a situation where, for some reason, a client did not manage to complete the transaction and purchase a certain amount in foreign currency for his business needs before the end of the business day. In this case, the client will have to wait for the next day, but it is possible that the new exchange rate will be less profitable for his business, or not profitable at all. Therefore, the main advantage offered by PASHA Bank through this service to its customers is the possibility of not being tied to the trading day and to carry out currency exchange operations at any time convenient for the customer in accordance with the exchange rate established for the operation day," Hajiyev said.
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