ABB Bank

#Bank Transfer

ABB has been active since January 10, 1992. As a modern, beneficial and universal bank, ABB is currently one of the leading banks in the South Caucasus region by […]

Certified payment providers N/A
    Market coverage 1
    • Azerbaijan
    Currencies 1
    • Azerbaijan Manat
    Description

    ABB has been active since January 10, 1992. As a modern, beneficial and universal bank, ABB is currently one of the leading banks in the South Caucasus region by volume of assets, customer base and portfolio of operations international. With its branches and sub-branches covering different regions of Azerbaijan, the Bank provides universal banking services to its retail and corporate clients.

    The Bank participates directly in large-scale public projects carried out in sectors such as petroleum chemistry, transport-communications, energy, etc. and social programs. At the same time, it supports the financing of the activities of small and medium-sized enterprises and large groups.

    The Bank has the largest ATM network in Azerbaijan. Among Azerbaijani banks, ABB is a partner of the largest number of international payment systems.

    Since July 7, 2021 with a renewed brand identity, ABB has entered a new phase of development.

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    Frequently Asked Questions

    What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

    NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

    What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

    Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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