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Xalq Bank Launches Digital Deposit Service

Xalq Bank launches new digital deposit service. Open deposit via mobile app, earn up to 10.5% interest, and join the lottery.

Isabella Martinez
ByIsabella Martinez- Senior Editor
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Xalq Bank continues to offer convenient financial solutions by launching a new digital deposit service. Customers can now open a deposit account and deposit funds anytime, anywhere via the mobile app without visiting a bank branch.

Through the XalqOnline app, customers save time and can earn up to 10.5% annual interest on their funds. The digital deposit is available in fixed and replenishable options. Deposits can be placed for terms of 3/6/9/12/18/24 months in AZN and 6/9/12/18/24 months in USD.

Note that only Xalq Bank customers who are XalqOnline users can benefit from the service. For detailed terms, visit the bank's official website.

The new service offers a simple and fast process, high profitability, and secure banking. It also supports environmental responsibility by reducing paper documentation and promoting efficient resource use.

Additionally, Xalq Bank is running a stimulating 'Deposit' lottery. The lottery consists of 4 draws, with the main prize being two sums of 50,000 AZN. The first draw phase ends on June 30; customers can deposit at branches or via XalqOnline to participate. Winners will be announced on July 10. To enter, deposits of at least 500 AZN/300 USD in Baku and Sumgait, or 250 AZN/150 USD in other regions are required.

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