Azerbaijani central bank introduces commission for cash delivery of 100 manat banknotes
The Azerbaijani Central Bank (CBA) has introduced a commission of 0.3 per cent for cash delivery of 100 manat banknotes, the CBA told Trend news agency on Wednesday.
"The Central Bank has introduced a commission of 0.3 per cent for cash delivery of 100 manat banknotes since Feb. 1, 2013 as a result of monitoring and evaluation to improve the efficiency of cash transactions in the country, to optimise the nominal structure of banknotes, to reduce the use of cash payments in calculations and to promote the use of cashless payment systems," the CBA said.
The official exchange rate is 0,7848 AZN/USD on Feb. 20.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!