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Azerbaijani International Bank Became American Express’s Bank-Agent

Business Materials 22 November 2007 16:13 (UTC +04:00)

Azerbaijan, Baku / Trend corr. I.Khalilova / The International Bank of Azerbaijan (IBA) introduces new cash-in system. The installment of cash-in machines will be started in the near future.

The system was developed by IBA and processing Azericard Ltd. The cash-in machines will also be used for draw out.

IBA has already renders service to the American Express cards. The card owners can use the IBA's cash-in machines. IBA was chosen the bank-agent of international payment system of the American Express.

The advantage of the American Express cards is they are credits, as well as one can use 100% limits of credit.

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