OREANDA-NEWS. May 04, 2011. The International Bank of Azerbaijan (IBA) has completed work on the introduction of a new version of the “Internet Bank” system for juridical persons and individuals engaged in the entrepreneurial activity. As 1news.az reports, with reference to the IBA, the system enables clients to manage their accounts from anywhere, saving time and money, reported the press-centre of IBA.

The new system version provides the customer with the following options:

- Set up a flexible system of access to the accounts for the various staff members (up to 5 hierarchical levels);

- With a special key-fob get access to accounts from any computer and at the same time without any threat of unlawful invasion;

- Use templates for frequently repeated operations, which can accelerate the process of their implementation;

- Receive information about accounts and create account statements in a convenient for clients format and upload them to your computer;

- Carry out any kind of transfer both between the customer's accounts and to any person in the country and abroad;

- Convert currency;

- To open time deposits;

- Obtain current information about credits and repay them.

To connect to the organization or company’s “Internet Bank” service it is enough to apply to the bank branch servicing the company or organization, fill out a special form and sign a contract.

The Bank will provide the appropriate secret codes to login in the “Internet Bank” system.

Connecting to the system will cost customers less than 7 manats per month in the first year and in subsequent years - less than 3 manats per month.