Discussion of NBAвЂ™s new rules on cash exchange transactions over
Discussion of the project on organization rules of exchange bureaus and order of transactions with cash foreign currency, developed by the National Bank of Azerbaijan (NBA), is over. вЂњThe working group of the Association of Azerbaijani Banks completed discussion of restructuring of cash exchange transactions with NBA,вЂќ Zakir Nuriyev, the chairman of the Association, told Trend.
вЂњThe discussion focused on reduction of social and commercial costs for transition of currency exchanges to exchange bureaus of commercial banks. There are 560 legal currency exchanges and some number of illegal currency exchanges in the country. The discussion is over and NBA can approve the rules in accordance with the existing procedure,вЂќ Nuriyev stressed.