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Baku, Azerbaijan

Baku Digital Bank β€” Compare Providers in Baku

Compare digital bank accounts, business banking, international money transfers, currency exchange and investing services available to residents of Baku.

Baku Digital Bank (bakudigitalbank.com) is now part of Digital Bank Networks. Old bakudigitalbank.com links land here.

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These are partner links and we may earn a commission. Availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction. Crypto-related products are volatile and can lose value. Confirm current terms directly with each provider.

Local banking essentials

What to check before opening an account in Baku

Regulation

Banks and non-bank credit organisations must be licensed by the Central Bank of the Republic of Azerbaijan, and payment organisations and e-money issuers require CBA authorisation under the law on payment services. Verify the provider's CBA licence before holding manat balances with it.

Check Central Bank of the Republic of Azerbaijan (CBA)(opens in a new tab)

Local account details

Azerbaijan issues IBANs with the country code AZ followed by 26 characters, a 28-character total in which the two check digits are followed by a four-character bank code and the account number.

Local currency: AZN (Azerbaijani manat)

Payments and transfers

The Central Bank operates the AZIPS RTGS for high-value settlement and the interbank clearing systems for retail transfers, with instant phone-number and card payments available through bank apps and wallets such as M10; cross-border transfers typically use the SWIFT BIC.

Digital banking directory for Baku

Our original directory of financial services, listed category by category in editorial order. Availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction. Confirm details directly with the provider.

Digital Bank Accounts

Digital Bank Accounts in Baku

Business Banking and Payments

Business Banking and Payments in Baku

Currency Exchange

Currency Exchange in Baku

International Money Transfers

International Money Transfers in Baku

Cryptocurrency Accounts and Digital Assets

Cryptocurrency Accounts and Digital Assets in Baku

Investment and Trading

Investment and Trading in Baku

Personal Finance and Lending

Personal Finance and Lending in Baku

Banking Technology

Banking Technology in Baku

Real Estate and Mortgage

Insurance

Insurance in Baku

Payroll and HR Software

Global Credit Cards

Global Credit Cards in Baku

Disclosure

Digital Bank Networks is a financial comparison platform, not a bank. We may receive compensation when users click links or open accounts with our partners. This never affects which providers we list or how we describe them. All services are provided by licensed financial institutions; availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction.