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Currency values

Rules on bringing of currency values and withdrawal them by individuals to and out of the Republic of Azerbaijan

Bringing of currency values and withdrawal them by residents to and out of the Republic of Azerbaijan


Residents can bring currency values in cash to Azerbaijan without any limitation within the custom declaration. While the amount of currency values brought to the territory of Azerbaijan by residents is equal 10 000 (ten thousand) US dollars, their bringing will be registered oficially with “passenger-custom declaration” (appendix № 1) by custom bodies, in the amount of more than 10 000 (ten thousand) US dollars, it is registered with “passenger-custom declaration” and “custom card" (GA - form № 5, Appendix № 2). 

Residents can export the amount equal 50 000 (fifty thousand) US dollars in a cash that brought to Azerbaijan previously within the custom declaration. The “passenger-custom declaration” (the amount is equal 10 000 (ten thousand) US dollars) or “passenger-custom declaration” and “custom card" (the amount is more than 10 000 (ten thousand) US dollars) should be introduced to the custom bodies while currency values that brought to Azerbaijan previously in a cash form by residents are exported in a cash.  

Residents can transfer the currency values brought to Azerbaijan previously more than the amount is equal 50 000 (fifty thousand) US dollars in a cash out of Azerbaijan through authorized banks determined under rules of Central Bank of the Republic of Azerbaijan introducing the reference that confirms the values given to the resident by bank or credit institution of the country currency exported.

Residents can only export the amount is equal 50 000 (fifty thousand) US dollars in a cash from currency values brought to Azerbaijan previously on the basis of bank reference “about the issuance of foreign currency previously transferred to the Republic of Azerbaijan” (Appendix № 3) within authorized banks, declaring in custom bodies.
The currency values (excepting fund values) in the amount of 10 000 (ten thousand) US dollars) per capita can be exported by residents without document and declaring in custom bodies.

Bringing of currency values and withdrawal them by non-residents to and out of the Republic of Azerbaijan


Non-residents can bring the currency values in a cash to Azerbaijan through custom declaration and without limitation. While the amount of currency values brought to the territory of Azerbaijan by non-residents is equal 10 000 (ten thousand) US dollars, their bringing will be registered oficially with “passenger-custom declaration” (appendix № 1) by custom bodies, in the amount of more than 10 000 (ten thousand) US dollars, it is registered with “passenger-custom declaration” and “custom card" (GA - form № 5, Appendix № 2).

Non-residents can export the amount equal 50 000 (fifty thousand) US dollars in a cash that brought to Azerbaijan previously within the custom declaration. The “passenger-custom declaration” (the amount is equal 10 000 (ten thousand) US dollars) or “passenger-custom declaration” and “custom card" (the amount is more than 10 000 (ten thousand) US dollars) should be introduced to the custom bodies while currency values that brought to Azerbaijan previously in a cash form by non-residents are exported in a cash.

Non-residents can transfer the currency values brought to Azerbaijan previously more than the amount is equal 50 000 (fifty thousand) US dollars in a cash out of Azerbaijan through authorized banks determined under rules of Central Bank of the Republic of Azerbaijan introducing the reference that confirms the values given to the non-resident by bank or credit institution of the country currency exported. 

Non-residents can only export the amount is equal 50 000 (fifty thousand) US dollars in a cash from currency values brought to Azerbaijan previously on the basis of bank reference “about the issuance of foreign currency previously transferred to the Republic of Azerbaijan” (Appendix № 3) within authorized banks, declaring in custom bodies.  
Non-residents can export the currency values out of Azerbaijan in the indicated amount on the approval documents (the extract from order about  business trip or travel card and receipt of cash expense warrant about travel payment) of the organisation sending them to a business trip.

Non-residents can export the currency values in the amount of 1 000 (one thousand) US dollars in a cash without documentation excepting envisaged cases of these rules. 

http://customs.gov.az/

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