Digital deposit

The Digital Deposit service allows customers to place a deposit without visiting a branch. The service is available to Xalq Bank customers who are users of XalqOnline.

Deposit currency – AZN/USD

Minimum amount – 100 AZN/USD

Maximum amount – 500,000 AZN/USD*

Interest payment – monthly or at maturity

The product is offered in 2 types: “Term (Fixed)” and “Top-up”.

Deposit replenishment:

“Term (Fixed)” deposit – not available.

“Top-up” deposit – available.**

Partial withdrawal of funds – not available.

Accrued interest is transferred to a  current account.

* Provided that the maximum amount is not exceeded across all agreements concluded under each Digital Deposit product.

** For deposits with a term of 3–12 months, replenishment is possible during the period up to half of the deposit term; for deposits with a term of 18–24 months, replenishment is possible until 180 days remain before the deposit maturity date.