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Amount
Term
month
Interest rate
%
Monthly interest rate
2.666
%
Monthly payment
196.8
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POS terminal service

For several years consecutively, OJSC Bank of Baku has been awarded by the Central Bank the 1st prize in the nomination for the Leading Bank in Non-Cash Payments – now the Bank is proud to present following advantages and benefits of the POS terminal service:

  • Increase of sales volume due to customers performing non-cash payments;
  • Increase of sales volume as a result of use of Bolkart by customers in Bolkart partner merchants;
  • Convenient use of VISA and MasterCard cards issued in any country on POS Terminals of Bank of Baku.

Following documents are required for installation of POS terminals:
Legal entity:

  • Copy of by-laws;
  • Copy of the company TIN;
  • ACT (internal) on appointment of the company director;
  • Copy of the company director’s ID;
  • Codes of entities (Registration Certificate issued by the Ministry of Taxes);
  • Entity lease agreement or power of attorney;
  • Copy of entity documents (excerpt) – extract from the registry;
  • Account agreement and details;
  • Names and contact numbers of the director and other contact person

Individual:

  • Copy of TIN;
  • Copy of ID;
  • Codes of entities (Registration Certificate issued by the Ministry of Taxes);
  • Entity lease agreement or power of attorney;
  • Account details

Note: POS terminals are delivered and installed free of charge for Bolkart partner entities

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