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Turkish and Belarusian citizens to be able to open bank accounts in Azerbaijan in distance

07 November 2019 17:55 (UTC +04:00)

Infrastructure, prepared related to mutual recognition of e-signatures between Azerbaijan and Turkey will be demonstrated in “Bakutel 2019” exhibition”, Deputy Director of the National Center of Certification Services of the Ministry of Transport, Communication, and High Technologies, Habib Abbasov said in the IV International Banking Forum today, APA-Economics reports.

H. Abbasov stated that a meeting was held between the Ministry and Central Bank on opening a bank account in distance: “The e-signature infrastructure has also been integrated in the information system. What will mutual recognition of e-Signatures between Turkey and Azerbaijan will give us? We solved technical issues and conducted investigation on legal issues. Lawyers saw that there is not any limitation in legislation. It means, if we start to open bank account in distance and citizens of the country with which we have provided recognition of e-signatures, can also open a bank account in Azerbaijan. Process related to the issue is underway with both Turkey and Belarus. You may get familiar with the infrastructure in “Bakutel 2019” exhibition.”