financial monitoring

Azerbaijan Changes Reporting Threshold for Electronic Transfers

From January 1, 2027, financial institutions will report transactions of 20,000 manats or more to the Financial Monitoring Service, while for individuals the threshold will be 50,000 manats per month.

Azerbaijan Changes Calculation of Electronic Transfer Threshold

From 1 October, the minimum threshold for electronic money transfers that financial institutions must report to the Financial Monitoring Service will be calculated on a calendar-year basis.