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Legislative Update Newsletter - December, 2016 | Special Issue

Legislative Update Newsletter - 28 December, 2016

Recent changes to the Law of the Azerbaijan Republic on Non-Cash Transactions


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Non-cash transactions mean remittances from a person's bank account to the bank account of another person (including via different payment instruments - payment cards, payment order, etc.) and payment methods (mobile telephones, computers and other equipment); transactions carried out with payment terminals; and transactions carried out by transferring in cash to the seller's bank account.

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The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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