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Belarusian banks resume online exchange operations


According to BelTA belarusian banks are resuming online exchange operations on bank cards.

Alfa Bank (Belarus) informs it will be back online for Alfa Click and Alfa Mobile operations on bank cards denominated in Belarusian rubles on 2 February 2015.

On 26 January Priorbank lifted restrictions on online trading in Belarusian-denominated debit cards in the national segment.

Bank BelVEB resumed the sales of foreign currency on ruble-denominated cards both in Belarus and outside its borders. The card holder can pay for goods and services, top up and withdraw deposits, cash foreign currency within the sum equivalent to Br3 million a week within Belarus and Br15 million a month abroad, including online operations within Br10 million a month abroad. According to the bank, the decision was taken due to a stable growth in national currency deposits and adaptation to the new terms of the exchange rate formation mechanism.

As was informed, the Belarusian banks started resuming foreign exchange transactions on bank cards denominated in Belarusian rubles.

Belarusbank decided to increase the limits on transactions with ruble-denominated bank cards abroad. On 27 January VTB Bank also increased the limit on the foreign currency exchange transactions with ruble-denominated Visa cards from И300 to И500. Bank Moscow-Minsk has also resumed foreign exchange transactions on bank cards denominated in the Belarusian rubles. Some Belarusian banks (Belagroprombank, BPS-Bank, Alfa-Bank) already removed some restrictions on non-cash exchange operations.

Banks imposed the restrictions in December last year due to instability in the financial market of the country.

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