Tuesday, August 30, 2011

Most of the Belarusian banks have imposed restrictions on withdrawals from ruble cards abroad

Most of the major Belarusian banks have imposed restrictions on withdrawals of currency abroad with bank cards issued in Belarusian rubles. According to information received by RIA Novosti on Friday in the central offices of Pryor Bank, BPS-Bank, Belgazprobbank, Belarusbank, Belinvestbank, without limitation currency abroad can only be removed from the ruble-denominated cards Belarusbank. Priorbank imposed daily limit on the use of the ruble cards abroad, 300 cash and 500 dollars in non-cash equivalent. BPS-Bank (subsidiary of Sberbank of Russia) imposed a limit on the use of ruble-denominated cards abroad, equivalent to 1 thousand dollars per day and 2.5 thousand per week. Belgazprom limited the issuance of currency denominated card $ 500 a day, and Belinvestbank - 500 per day and 2 thousand a week in cash and 700 per day and 3 thousand a week, non-cash. At the same time on the cards denominated in foreign currencies are listed restrictions do not apply. With them, as before, you can take currency abroad without restrictions. Domestically, cardholders also have experienced a number of limitations. Thus, the owners of ruble-denominated cards are now unable to withdraw cash in dollars or euros, as previously assumed. Foreign currency accounts are also no longer replenish the Belarusian rubles. In early March, the republic's economy faced a sharp increase in demand for foreign currency by the population and economic entities, provoked by fears of a possible one-time devaluation of the currency. The last devaluation of 20% of the Belarusian ruble was held in early 2009. Officials of Belarus to the last moment to deny such a possibility. National Bank of Belarus has introduced a number of exchange restrictions. Thus, on 25 February decided that restricts the purchase of imported equipment due to the currency to be bought, March 21 - cease to support commercial banks to sell foreign currency to the public. On the background of monetary problems negative foreign trade balance for the whole of Belarus in 2010 amounted to 9.6 billion dollars, an increase of 32,7%. On materials RIA Novosti

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