Baku Inter-bank Currency Exchange (BBVB) notifies that temporarily in order to increase liquidity in the system with the BEST * 04/01/2013 exchange fee on the amount of net liabilities as a result of each trading session will be charged in the following order: the below mentioned financial instruments
USD / AZN_TOD, USD / AZN_TOM, USD / AZN_SPT,
Swap_USD / AZN_TOD_TOM, Swap_USD / AZN_TOD_SPT,
Swap_USD / AZN_TOM_SPT, Swap_USD/AZN_TOD_1Week,
Swap_USD/AZN_TOD_2Week, Swap_USD/AZN_TOD_1 Month
- The exchange fee will be 0, 005%, and the maximum amount - 500 USD in manat equivalent (at the official rate of the Central Bank on the day of trading.)
EUR / AZN_TOD, EUR / AZN_TOM, Swap_EUR/AZN_TOD_1Week, Swap_EUR/AZN_TOD_1 Month
- The exchange fee will be 0, 005%, and the maximum amount - _ 500 manat equivalent (at the official rate of the Central Bank on the day of trading.)
EUR / USD_TOD, EUR / USD_TOM
- The exchange fee will be 0, 005%, and the maximum amount - _ 500 manat equivalent (at the official exchange rate of the euro against the dollar CBA on the day of the auction).
RUR / AZN_TOD, RUR / AZN_TOM
- The exchange fee will be 0, 1%.
* E-trading system (Bourse E-system of Trades) - a system built on the principle of universality in the provision of exchange services, and today is a modern platform for the integrated management of foreign exchange risk and short-term liquidity. BEST allows Azerbaijani banks not only to conduct transactions in foreign currencies, but also to the active drawing and placement on the inter-bank credit market. - 15D -
Economics
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