AZN – Azerbaijani Manat
The payment processing of this currency is considered to be relatively standardised.
- Currency Guidelines
Besides the standard information, it is important to note that the IBAN format is always recommended (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
The beneficiary’s tax ID is required and should be mentioned in the remittance information.
- Instructions, technical guidelines & more
To consult the Technical Guidelines of this currency, click hereTECHNICAL GUIDELINES
To consult the Appendix(es) click hereAppendix VI: IBAN Application Rules
- Additional information
• Available charge option: OUR/SHA/BEN
• Central bank of Azerbaijan: http://en.cbar.az/