Finance / WORLD

Azerbaijan central bank revises payment-system fees

Maximum fees for AZIPS and the low-value payments clearing system will fall; the new tariff schedule takes effect on 1 April 2027.

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The Central Bank of Azerbaijan has approved new service fees for payment systems. Under a board decision dated 15 September, maximum fees for AZIPS and the Low Value Payments Clearing and Settlement System will be cut by factors of two and 1.5, respectively, while fees per settlement session will be harmonised across systems.

The new model sets fixed charges by transaction-value brackets regardless of time of day. Fees for the 24/7 Instant Payments System will be lower than those for other systems, and the Interbank Card Centre will receive tariffs for processing card-to-card transfers. The new fees take effect on 1 April 2027.

Data

Timeline

Revised payment-system fees

Service-fee schedule approved by the central bank and taking effect in April 2027.

  1. · Occurred

    Fee decision adopted

    The board decision cuts maximum AZIPS and low-value payment-system fees by factors of two and 1.5, respectively.

  2. · Scheduled

    New fees take effect

    The fee schedule takes effect on 1 April 2027.

Methodology

Event dates are the decision and effective dates stated in the release; amounts are in the linked tariff document.

Updated:

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  • Azerbaijan · Place role: Coverage · Place type: Country or area · Location precision: Regional
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    • Explicit preserved editorial country/region; no city or national centroid inferredwww.cbar.az ↗
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