Silk Way Bank launches financial service for VAT refund

Silk Way Bank launches financial service for VAT refund

Silk Way Bank has launched new financial service on cash back of VAT amount for the shopping in European countries - TaxFree4U. Currently, Silk Way Bank cardholders can refund VAT amount within the shortest time period, not wasting their time in queue at the airport before the departure from the country they made purchases. While installation TaxFree4U application, Silk Way Bank cardholders entering swbank promo-code will receive additional 5 Euro to the first cash back VAT amount from Silk Way Bank.

For receiving the largest cash back of VAT amount in European countries* Silk Way Bank cardholders should:

- Download TaxFree4U mobile application to their smartphone, register with swbank promo-code;

- Upload photo of passport** (for confirmation of the absence of EU residency and other information for filling up declaration), enter information about the travel;

- 24 hours before the departure, upload photo of receipts to the TaxFree4U mobile application;

- Print filled declaration form at the hotel (VAT cash-back form), service will send it to the e-mail of the user;

- Before the departure from European countries, by declaring purchases in packed form and with tags, ensure the stamp by customs officer;

- After arrival in Azerbaijan, put stamped declaration and original receipts to the box at the airport (Heydar Aliyev International Airport, Terminal 1, SW Bank department №1.

- Cash back amount and additional bonus 5 Euro will be deposited to the Silk Way Bank card within 48 hours after the receipt of original documents from the user.

TaxFree4U mobile application benefits for Silk Way Bank cardholders:

Benefits: TaxFree4U service charges the top highest cash-back percentage %; ensure VAT refund for purchases from all VAT payer magazines; combines checks into one declaration for avoiding mandatory minimum amount of purchase, required by each country;

Convenience: without any additional papers and queues. It is enough to take photos of checks via the application - TaxFree4U specialists themselves will fill the declaration and send it via e-mail;

Quickness: Refund of amount to the card is being carried out within 48 hours after receiving original documents, this time period is the shortest refund period in the practice of the VAT cash-back operators;

Azerbaijani citizens have right to get VAT cash back in 28 countries of the European Union.

TaxFree4U service ensures VAT cash back for the purchases made in Italy, Spain, France, Great Britain, Germany and in Finland.

TaxFree4U service - is the first online-service on VAT cash back for the purchases made in Europe*. The service lifts up the burden of filling declaration for the tourists, stays in several queues and applies the highest percentage of cash back to the customer's card among all TaxFree operators. Up today, many tourists in European countries use of simplified VAT cash back service. https://taxfree4u.eu/ru/

* The service ensures VAT cash back for the purchases made in Italy, Spain, France, Great Britain, Germany and in Finland.

**The passport, as well as card information, and photo are protected and cannot be transferred to the third persons.

You can get more information about the products and services of the bank at www.banksilkway.az, from the bank's call centre by calling (012) 931 or on the Bank's official Facebook page - www.fb.com/swbankmiles

N-US style='font-size:12.0pt;line-height:115%;font-family:Tahoma; mso-ansi-language:EN-US'>You can get more information about the products and services of the bank at www.banksilkway.az, from the bank's call centre by calling (012) 931 or on the Bank's official Facebook page - www.fb.com/swbankmiles

Iranian companies join UN CTCN
Iranian companies join UN CTCN
Iran to begin COVID-19 vaccinations in coming weeks: President Rouhani
Iran to begin COVID-19 vaccinations in coming weeks: President Rouhani
Iran reveals COVID-19 data for January 23
Iran reveals COVID-19 data for January 23
Loading Bars
Latest
Russia records over 21,100 daily coronavirus cases
Weekly review of Azerbaijani precious metals market
Kazakhstan's exports volume to Georgia increases multifold
Azerbaijan's strategic foreign exchange reserves increase year on year
Iran announces volume of sprat caught in Caspian Sea
Azerbaijan shares footage from Ashaghi Veysalli village of Fuzuli district (PHOTO/VIDEO)
Consumption of steel products in Iran increases
3 injured as blast hits vehicle in Kabul
Weekly review of Azerbaijani currency market
Georgia reveals data on exports of semi-finished products of iron or non-alloy steel to Turkey
Iranian companies join UN CTCN
Kazakhstan’s daily COVID-19 case count stands at 1,584
Weekly review of main events in Azerbaijan's transport sector
UK to quarantine visitors from nations with high COVID-19 risk
China rescues first person from Shandong gold mine: state media
Over 2 mln coronavirus cases registered in Colombia
Israel reports 4,550 new COVID-19 cases, 593,578 in total
Iran's Marun Oil & Gas Production Company manufactures certain equipment
Iran to begin COVID-19 vaccinations in coming weeks: President Rouhani
France registers 23,924 new COVID-19 cases, 230 deaths in one day
Turkmenenergo to sign new contracts with foreign companies
7.0-magnitude quake hits South Shetland Islands: CENC
Turkey reports 5,856 new COVID-19 cases, 2,424,328 in total
After first phone call, UK PM Johnson looks forward to working with Biden
UK records another 33,552 coronavirus cases, 1,348 deaths
WHO reports over 600,000 new daily cases of COVID-19
Azerbaijani, Turkish FMs discuss pirate attack on ship
Top Spanish general resigns over allegations of vaccination queue-jumping
Pirates hijack Turkish ship off coast of Guinea, one person killed
BMB Trade Group and Uzbek Saffron Research Center discuss saffron cultivation and processing
Trend TV shares video report from plundered during Armenian occupation Azerbaijani Zangilan
Belarus, Kazakhstan seek closer cooperation in exchange trade
Management of Azerbaijan's State Oil Company being improved - Decree
New staff of Azerbaijani SOCAR's Supervisory Board approved
Georgia's external merchandise trade down 14.8% in 2020
Turkey halts flights from Brazil due to new COVID-19 variant
Gas pressure in Iran's South Pars gas field projected to decrease
Iran's gas processing potential to increase
Portugal holds presidential election as COVID-19 cases spiral
Italy reports 488 coronavirus deaths and 13,331 new cases
Italy to rethink vaccine roll out if supply problems persist
US broadcaster, journalist Larry King dies aged 87
Russia signs deal with Turkey on vaccine production
Azerbaijani MoF issues footage from Kalbajar district's Gamishli village (PHOTO/VIDEO)
Manat exchange rate against dollar to remain unchanged - Standard & Poor's
Bahar Azadi gold coin price again falling in Iran
Azerbaijan considering issues of regional schools damaged during Karabakh War
Iranian Energy Exchange announces products to be on sale on January 24
State subsidy to increase from 10 to 15 GEL per 50 kg of wheat flour in Georgia
Goods transit via Iran's Bileh Savar on rise
Tax authorities of Kyrgyzstan, Russia discuss launch of joint project
Japan's COVID-19 death toll exceeds 5,000 as total cases surpass 360,000
Indian gov't confirms outbreak of bird flu
Azerbaijani president expresses condolences to Ukranian counterpart
Bulgaria to ease some COVID-19 rules, restaurants closed for now
COVID-19 vaccine delays may slow wider Irish roll-out, says PM
Azerbaijan confirms 705 more COVID-19 recoveries
WHO office in Azerbaijan discusses project on preventing deaths from COVID-19 pandemic
Uzbek-Korean Uz-Kor Gas Chemical to buy spare parts for water purifier via tender
Georgia increases import of vehicles from Turkey
Geostat reveals volume of ferroalloys exported from Georgia to Turkey
Iran oil export never reached zero - Iran's Oil Minister
Azerbaijani expert talks impact of recycling old cars on traffic jams
Weekly review of highlights in Azerbaijani ICT sector
Uzbekistan’s Uzpromstroybank reveals plans for strategic dev’t in 2021
WHO chief thanks India, PM Modi for 'support to global Covid-19 response'
Yukselish competition organizes webinar presented by Azerbaijani president's assistant (PHOTO)
Iran reveals COVID-19 data for January 23
Azerbaijan shares footage from Ashaghy Maralyan village of Jabrayil district (PHOTO/VIDEO)
Turkmenistan taking measures to further increase volume of cotton production
Iran to increase Shiraz municipality budget
Azerbaijani oil prices fall
Georgia sees decrease in COVID-19 cases
Russia reports 20,921 coronavirus cases over day, record low since November 11
Iran-Iraq-Syria transit route would improve economy - Iran's Minister of Road
Azerbaijan and Turkey ink MoU to support SMEs (PHOTO)
Karabakh's geography allows developing various tourism products - Azerbaijan Tourism Board
Standard & Poor's upgrades Azerbaijan's credit rating outlook
Georgian import of medical products from Turkey down
Uzbekistan reveals COVID-19 data for January 23
Brazil President Bolsonaro thanks PM Modi for 'sanjeevni booti' against Covid with Hanuman pic
India's COVID-19 vaccine diplomacy shines in South Asia and beyond
Cooperation on North-South Corridor to be researched during Iran’s FMA visit to Azerbaijan
First Batch of COVID-19 Vaccines Arrive in Myanmar from India
Iranian currency rates for January 23
Joint dev't of Dostlug field to be commercially, technically attractive - Wood Mackenzie
Socio-economic situation in Armenia deteriorating - Azerbaijani MP
AstraZeneca to supply 31 million COVID-19 shots to EU in first quarter, a 60% cut
Iran and Cuba to increase production capacity of COVID-19 vaccine
Iran and Russia to increase transportation ties
One Year to Special Olympics World Winter Games Kazan 2022
Azerbaijan producing lubricants based on new components
Azerbaijan to soon start issuing lump-sum subsidies to orchard farmers
Cancelling SMS permits due to eased quarantine raises passenger traffic in Baku
Turkey halts flights from Brazil due to new COVID-19 variant
COVAX to purchase 40 mln doses of Pfizer-BioNTech vaccine - WHO
Kazakhstan welcomes entry into force of Treaty on Prohibition of Nuclear Weapons
Fitch downgrades three Georgian Banks' support ratings
Tax authorities of Kyrgyzstan, Russia discuss launch of joint project
Chinese Mission to EU condemns European Parliament for interfering in Hong Kong affairs
All news