Five days needed to withdraw dollar deposits from Belarus banks

Due to the shortage of US dollars in forex bureaus, the European Radio for Belarus explores how quickly Belarusians can withdraw the money from their currency bank accounts. Depositors at Priorbank and Belgasprombank will have to wait five days, the longest period amongst Belarusian banks in order to withdraw their deposits ahead of aschedule.

Belgazprombank: “We return currency deposits within five days as stipulated in the agreement. Currently, the situation is quite stable; many people open deposit accounts. Everything is normal”.

The clients of Belarusbank have a better luck, because they can get their money back within three days. But the bank's information service advises to withdraw Belarus rubels instead of the hard currency.


Those who are saving dollars in Belinvestbank have found themselves in the best situation. Under the terms of the deposit, cash can be withdrawn one day after the termination of the deposit agreement.

Belinvestbank: “The money (hard currency) should be ordered by noon of the previous day. It will be remitted on the next day”.

But one thing remains common for all the banks in Belarus: it is not advisable to withdraw dollars. According to the banks, depositors are not in a hurry to do so.

Photo by Ukraine's Realtor News