Joint Bank to introduce debit cards

The Universal Joint Stock Bank (UJSB) is expected to introduce its local debit cards in a matter of one month. The cards will be used in paying salaries and pensions. On an agreement with “AzerCard”, the local debit cards will be brought to the republic shortly, according to the Board Chairman of the Bank Zakir Zeynalov.

Mr. Zeynalov indicated that US traveler checks have also been delivered to Azerbaijan. Forwarding these to the Bank, foreigners can receive cash. So far, the system exists only in Baku, but it will soon cover Sumgayit, Ganja, Nakhchivan, etc.*