BAKU, Azerbaijan, May 1. The Central Bank of
Azerbaijan (CBA) has issued a mandatory instruction to Baku Pay
LLC, Trend reports
via the CBA.


The CBA noted that the decision was made to eliminate the
violation of the minimum aggregate capital requirement in
accordance with paragraph 4.3 of the "Regulation on the
organization and implementation of activities by payment and
electronic money institutions".


The bank, guided by the requirements of Article 63.1 of the law
of Azerbaijan "On payment services and payment systems", issued a
relevant instruction to Baku Pay LLC as part of measures to monitor
in advance the decrease of the minimum amount of aggregate capital
below the limit established by legislation and take the appropriate
timely measures.







Baku Pay LLC was established in 2017 and received a license from
the CBA in March 2025.