Azerbaijan Determines Procedures For Reproduction Of Banknotes
Date
7/31/2023 5:38:15 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 31. Azerbaijan
has established procedures for banknote reproduction, trend reports.
This is reflected in the decree "On the application of
the Law of the Republic of Azerbaijan dated July 6, 2023, on
amendments to the Law "On the Central bank of the Republic of
Azerbaijan", signed by President of the Republic of Azerbaijan
Ilham Aliyev today.
According to the decree, the Central Bank of Azerbaijan (CBA) is
advised to adopt the procedure for banknote reproduction within six
months and to notify President of the Republic of Azerbaijan Ilham
Aliyev.
At the same time, it is proposed that the CBA adopt the
procedure for performing payment transactions by payment service
providers and settlements between them, as well as payment
instrument requirements, within six months and notify the president
of this.
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