Currency Exchange in Belarus

Currency exchange in Belarus should only happen in legally provided centres, or it will be considered a crime. Unless it involves a few licensed firms, including state-owned gas stations and big travel agencies, payment in US dollars also constitutes a criminal offense in this country. By all means, expats should avoid black market transactions to avoid stiff penalties.

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Volatile and unpredictable market movements are easily addressed by Currency Index, a leading foreign exchange brokerage firm. It allows individuals and businesses in Belarus and other parts of the world to secure a favorable current rate, with the currency delivered in the future. All that’s required is a minimal deposit, usually 10%, with the rest to be paid before the release of the currency.
Margin
0.60%
Margin description
0.25% - 0.60% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£7 or £12 - No fee for transfers above £30,000
Min
No minimum
Currencies
Wide range of major and exotic currencies
Options
Bank to Bank Transfers, Spot, Forward contract, Limit or Stop Loss Order
Moneycorp takes pride in providing outstanding and excellent currency exchange services by looking at challenges creatively. It assures its clients in Belarus and in other parts of the world that it provides timely and useful solutions to their needs, by being able to anticipate change. It provides excellent service to its customers, down to every single one of them.
Margin
0.6%
Margin description
0.25% - 1% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£0
Min
£1,000 or £250 Regular Payments
Currencies
76 Currencies
Options
Bank to bank - one off or regular payments