Belarusian banks may not serve customers on July 1

Беларускім банкам дазволілі не абслугоўваць кліентаў у першы дзень дэнамінацыі

National Bank has allowed banks and non-bank financial institutions not to conduct cash services or to suspend the provision of individual services to customers on July 1, 2016. These provisions are spelled out in the resolution #130 of the National Bank of March 15 published on the National Legal Internet Portal.

The decision determined the operations of the banking and payment systems of Belarus on 29-30 June and 1 July 2016. For example, on June 29, the acceptance of electronic payment documents and emails by the BISS system (automated interbank payment system of the National Bank) will continue until 20.00, on June 30 - in accordance with the timetable for receiving and processing BISS system of electronic payment documents and e-mails.

On July 1, the automated system of interbank settlements of the National Bank will not operate.