Which type of bank account is best for everyday transactions in Azerbaijan?
The most suitable bank account for daily transactions varies depending on the individual or business’s specific requirements. A checking account is typically utilized for day-to-day transactions, providing services such as writing checks, using a debit card, and paying bills online. On the other hand, a savings account is perfect for saving money and accruing interest. Azerbaijani banks offer businesses competitive fees, aiding them in efficiently handling operational expenses and enhancing financial effectiveness.