CHARGES AND FEES on issuance of payment cards by the International Bank of Azerbaijan

Size: px

Start display at page:

Download "CHARGES AND FEES on issuance of payment cards by the International Bank of Azerbaijan"

Spencer Neal
6 years ago
Views:

1 5-Feb-2018 USD CHARGES AND FEES on issuance of payment by the International Bank of Azerbaijan Annual fees for issuance of payment (manat) Internet Card 1 / MC Web-Card 1 Electron 1 / Debit MC Standard 1 Classic 1 / MC Standard 1 Gold 1 / MC Gold 1 Platinum 1 / MC Platinum 1 Amex Green Card 2 PrimeCard Gold 2 Amex Gold Card 2 PrimeCard Platinum 2 Infinite 2 / MC World Elite 2 Amex Platinum Card Cash withdrawal fees Visa (İnternet, Electron, Business) MasterCard with Salary, social, student and other which benefit from free cash withdrawal at IBA Withdrawing cash from ATMs and POS machines of IBA Withdrawing cash from ATMs and POS machines of other banks in Azerbaijan (served by Azericard) Withdrawing cash from ATMs of other banks in Azerbaijan (not served by Azericard) and abroad Withdrawing cash from POS machines of other banks in Azerbaijan (not served by Azericard) and abroad 1% min.1 AZN/USD/EUR/GBP min.3.5 AZN/USD/EUR/GBP min.6 AZN/USD/EUR/GBP min.2 AZN/USD min.3 AZN/USD min.3.5 AZN/USD min.6 AZN/USD min.3.5 AZN/USD/EUR/GBP min.6 AZN/USD/EUR/GBP 0% 3 IBA subsidiary banks (MBA-Moscow and IBA- Georgia) - 1% (min.1 AZN/USD/EUR/GBP) min.3.5 AZN/USD/EUR/GBP min.6 AZN/USD/EUR/GBP 1 - Fee is paid in full for all period when the card is ordered 2 - Cards are issued for three years, fee is paid annually 3 - Withdrawal of the credit limit in cash from salary card - 1.0% (minimum 1 AZN/USD/EUR/GBP), withdrrawal of the credit limit from with - (minimum 2 AZN/USD/EUR/GBP) 1

2 Currency exchange rates on 2/5/2018 for the operations by the payment Valyuta Cash AZN Buy Cashless AZN Cash AZN Sell Cashless AZN USD GBP EUR Fees for "Cash by code" service Funds transfer: - In Azerbaijan (minimum amount 10 AZN or its equivalent, maximum 1000 AZN); - Abroad: (minimum amount 10$ or its equivalent, maximum 1000$ or its equivalent) Visa (İnternet, Electron, Business) 1.15% min.1.5 AZN/USD/EUR/GBP (other banks) min.2.5 AZN/USD 2.15% (other banks) min.3 AZN/USD MasterCard with min.2.5 AZN/USD/EUR/GBP 2.15% (other ) min.3 AZN/USD/EUR/GBP Salary, social, student and other which benefit from free cash withdrawal at IBA 0.15% min.0.5 AZN/USD/EUR/GBP (other ) from credit limit (IBA and other banks) 2

3 Fees for Unique (gambling) and quasi-cash (e-wallet etc.) operations 5 Visa (İnternet, Electron, Business) MasterCard with Salary, social, student and other which benefit from free cash withdrawal at IBA Unique (gambling) and quasi-cash (e-wallet etc.) operations at the merchants served by IBA 1% (minimum 1.70 AZN) (min. 3.4 AZN) (min. 1.7 AZN) 0% Unique (gambling) and quasi-cash (e-wallet etc.) operations at the merchants served by "Azericard" in Azerbaijan Unique (gambling) and quasi-cash (e-wallet etc.) operations at the merchants not served by "Azericard" in Azerbaijan and abroad (min AZN) (min AZN) (min AZN) (min AZN) (min AZN) (min AZN) (min AZN) (min AZN) 5 Note 1: Operations on MCC codes 6012, 6050 and 6051 by, Infinite, MasterCard World Elite, Prime Gold, Prime Platinum and Platinum, Gold, Classic, Business, Gold Business və MasterCard Platinum, MasterCard Gold, MasterCard Standard, MasterCard Business with a are restricted; Note 2: For all, MasterCard, MasterCard Debit and Maestro, except the listed above: - in country "unique" and "quasi-cash" operations (MCC 4829, 6529, 6530, 6534) comission 1% (minimun 1 manat equivalent). - in country operations with the MCC codes 6050 and 6051 doesn't be charged. 3

4 Visa (İnternet, Electron, Business) Transfers fees MasterCard with Salary, social, student and other which benefit from free cash withdrawal at IBA Transfers to the issued by the banks served by "Azericard" 0.15% min.0.6 AZN/USD/EUR/GBP min.0.6 AZN/USD min.0.6 AZN/USD/EUR/GBP 0.15% min.0.6 AZN/USD/EUR/ GBP 6 Domestic transfers to other financial entities (daily limit AZN) 0.5% min.1.60 AZN/USD/EUR/GBP min.1.60 AZN/USD min.1.60 AZN/USD/EUR/GBP 0.5% min.1.60 AZN/USD/EUR/GBP Transfer to foreign financial entities (MasterCard MoneySend, Direct: daily limit AZN) 1% (min AZN) - (min AZN) 1% (min AZN) Cash deposit to a card account in cash-in ATMs and payment terminals "Cash to any card"- cash deposit to a card account in Cash-in ATMs without the use of card 0% 0% 0% 0.8% 7 0% 0% 0% 0.8% 7 Transfer by card owners of local financial institutions to card owners of other local financial institutions (MasterCard MoneySend, Visa Direct: daily limit AZN) Transfer by card owners of local financial institutions to card owners of foreign financial institutions (MasterCard MoneySend, Visa Direct: daily limit AZN) 0.5% (minimum (minimum 6.80 AZN) AZN) 6 - Transfer of the credit limit from salary card with - (minimum 0.6 AZN/USD/EUR/GBP) 7 - Fee for repayment of debt: 0% 4

5 Comissions from the recipient's card in card to card transactions Visa (İnternet, Electron, Business) MasterCard with Salary, social and pension, student and other which benefit from free cash withdrawal at IBA Comission from the recipient's card in transactions from card to card (Kart Transfer) 0% 0% 0% 0.8% Fees on extra services for and MasterCard payment (AZN) Emergency Card Replacement - for duplication of the card during non-banking business days (within 24 hour in the event of loss, theft or damage) Emergency Card Replacement (ECR)(for duplication and issuance of temporary by Visa offices abroad (in the event of loss, theft or damage) Lost and stolen Card reporting (LSR) service (for client application to LSR on stolen or lost ) Emergency autorization in the event of loss of a card Receving cash without card within 24 hours of loss or theft of a card Cancellation or decline the ECR after an order had been placed - penalty for rejection of service upon application of the client to Lost and Stolen Card Reporting Service Cash Advance operations with of other financial institutions Customs duties payments via POS machines 0.15% (minimum 1 AZN - maksimum100 AZN) 8 - For Visa infinite/mc World Elite 5

6 payment fees and service conditions (AZN) 9 Service type Green Card Gold Card Platinum Card Minimum credit limit (initial) AZN equivalent Maximum credit limit no limit Reporting period Last day at which card operation have been performed Reporting date Term of payment Emergency Card Replacement - for duplication of the card during non-banking business days (within 24 hour in the event of loss, theft or damage) Emergency Card Replacement (for duplication and issuanc of temporary by the Global Services offices abroad (in the event of loss, theft or damage) Emergency Cash advance (receipt of non-cash funds without card in the event of card loss or theft) Last banking day of the reporting period Last banking business day until 15th day of the month following the reporting date (minimum 5) 10 + (minimum 5) 10 + (minimum 5) Emergency Cash advance limits daily max. 200 EUR weekly max. 400 EUR daily max EUR daily max. 800 EUR daily max. 800 EUR weekly max EUR Minimum of debt repayment required Interest during (only for operations performed during last reporting period until the end of payment term) Commission for POS-credit service (Cash in via POS-terminals installed in branches of the Bank) 10% (minimum 10 AZN) Cards which benefit from free cash withdrawal at IBA 0.8% Other issued by IBA 0% Cards of "IBA-Moscow" and other banks serviced by "Azericard" 0.1% 0% 9 - AMEX cardholders are provided with an extra credit card MasterCard as a gift. (AMEX green- MC Standard, AMEX Gold- MC Gold,, AMEX Platinum- MC Platinum). If the card is damaged, a new card is issued as per current fees and charges 6

7 Postage fee for MC World Elite/ PrimeCard/ Card payment (AZN) 10 Delivery of or PIN envelopes via post (Baku) Delivery of or PIN envelopes via post (other regions of Azerbaijan) Delivery of or PIN envelopes via post (International) Insurance deposit Minimal deposit insurance limit for PayWave/PayPass (excluding salary and with credit limit) - AZN Interest on deposit insurance 0% 10 - Cards and PIN envelopes delivered separately 7

8 Commission for other services Urgent card service 15 AZN PIN change service 1 AZN Restoring blocked PIN SMS Notification service 0.40 AZN aylıq (VAT included) 11 Limited "SMS notification" service for pension 0.10 AZN monthly (VAT included) Cash deposit to the served by Azericard (excluding the IBA ) in the payment terminals Cash withdrawal at IBA branches by "IBA-Moscow" and "IBA-Georgia" card holders (minimal amount per POS machine - 10$) Cash withdrawal at IBA branches by cardholders of other financial institutions (minimal amount per POS machine - 100$, maximum 5000$) Commission for non-justified claims of payments 0.25% (minimum 0.20 AZN) 0.1% of amount (min AZN maks AZN) International "stop-list" based on customer's claims of payments AZN or equivalent Issuance of new card when a card is lost or damaged, regardless of the card expiry date 10 Issuance of a new card in the case of a damage of previous card for reasons other than customer's fault Issuance of a new card in case of loss or damage 5 AZN as per current fees and charges Issuance of a new Priority Pass card in the case of loss, damage or theft AZN or equivalent 11 - Gold/MC Gold, Platinum/MC Platinum, Amex Green Card, PrimeCard Gold, Amex Gold Card, PrimeCard Platinum, Amex Platinum Card ödəniş kartları üçün pulsuz 12 - Excluding social and pension 8

9 Fees and conditions for Elcard Service fee Validity period Credit limit Credit limit duration Credit authorisation fee Grace period 20 AZN 6 years Determined on individual basis 2 years Amount spent must be paid by a cardholder in equal installments by the 10th calendar day of the next month. Interest accrued 2 Fee for cash withdrawal (cash withdrawal is possible on the dates specified by the IBA) Service fee: Other fees Fees for "ƏLA kart" Pensioners and "Corporate retail" segment Other customers 1% (minimum 2 AZN) 10 AZN As per current charges and fees Fees and conditions for Ani Kart Service fee (monthly) Validity period Currency Loans by for with 30 days for without 0.99 AZN 1 year AZN, USD, Euro Loans interest rates by credit Currency Interest rate in credit limit above credit limit Manat 28% 56% Foreign currency 2 44% Manat 24% 48% Foreign currency 18% 36% 9

Transaction Type ArCa Debit Cirrus/Maestro ArCa Pension. AMD 2,000 annually

Debit Cards Transaction Type ArCa Debit Cirrus/Maestro ArCa Pension Card account currency, USD, EUR, RUB Card effective period 2 years 5 years 10 years Card issuance Card account fee 1 2,000 annually 2,000