OREANDA-NEWS. December 02, 2008. The International Bank of Azerbaijan has commissioned a new service - Electron Deposit, reported the press-centre of IBA.

The Bank has informed that due to the fresh service the IBA customers will be able to open a deposit through cash machines, Internet Banking and information kiosks.

“To connect to Electron Deposit service, the IBA client should apply to an IBA branch that serves him and sign a relevant contract. The deposit finances and accrued interests are transferred to the customer’s plastic card that excludes fully the necessity to visit the Bank. The customer can carry out all operations on deposit opening through cash machines, info kiosks and Internet Banking,” a Bank’s source says.

Electron Deposit is not replenished and extended. Minimum deposit sum is 100 currency units (AZN, USD, GBP, EUR). Deposit period is 3 months up to five years and minimum interest rate 9%.