To successfully conduct business for foreign companies in Belarus without opening a representative office, as well as to work with other countries (for example, the EU, the USA), it is often necessary to open an account in banks of the Republic of Belarus. Very often companies try to open a bank account on their own, but foreign companies most often prefer to contact consultants on opening bank accounts.

Our team has been dealing with customer support issues in banks of the Republic of Belarus for more than 10 years. We help Clients choose the right bank to work with, taking into account their profile and type of activity, as well as fully support them in opening bank accounts in Belarus.

Why does a foreign company need a bank account?

For successful operations in the international market, foreign companies require reliable banking solutions. A bank account facilitates secure financial transactions, ensures compliance with local regulations, and enables efficient payment processing with global partners. It’s essential for managing day-to-day operations, receiving payments from clients, paying suppliers, and maintaining financial transparency. Additionally, a corporate bank account enhances business credibility, simplifies tax reporting, and provides access to various banking services such as international transfers, currency exchange, and online banking platforms. This financial foundation is crucial for companies looking to expand their operations and establish a strong presence in the global marketplace.

In order to manage a bank account opened in Belarus, it is not necessary to be located within the country. It is enough to have the “Internet banking” service activated and the account can be managed remotely via the Internet. As a rule, when opening a bank account, the bank will assign you a client manager who is constantly in touch with you and will help you in case of any questions.

Different banks, as a rule, put forward different requirements for account opening documents. The standard set of documents for opening an account are the following documents:

• Application for opening a current (settlement) bank account in Russian;


• A copy of an extract from the commercial register of the state where the company is established or another document that confirms the legal status of the organization. Banks usually have requirements for the time of issue of the statement, for example, no older than one year. This document must be translated into Russian, legalized, or apostilled.;


• A copy of the charter or other document on the basis of which the organization operates. This document must be translated into Russian, legalized, or apostilled if it is certified by the state authorities of a foreign state. When this document is submitted to the bank by a representative of the organization, the bank usually requires a notarized copy.


• The bank may ask for other additional documents (for example, documents confirming the director’s authority to open an account, statements from other banks, source of funds, etc.).

1. Account Opening Application A formal application form specifying the desired account type, signed by an authorized representative with clear indication of banking service requirements.

2. Constitutional Documents Certified copies of company charter, memorandum of association, or equivalent documents proving legal status under the country of incorporation’s laws.

3. Registration Proof Official extracts from the commercial register or incorporation certificates demonstrating valid company registration in the country of origin.