Opening a Personal Bank Account in Belarus for Foreign Nationals
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Personal Bank Accounts in Belarus for Foreign Nationals
Both Belarusian citizens and foreign nationals — including those without a Belarusian residence permit — can open personal bank accounts in Belarusian banks. Opening an account as a foreign national takes somewhat longer than for Belarusian citizens due to stricter compliance requirements and the need to translate documents into Russian or Belarusian.
Foreign individuals typically need bank accounts in Belarus to receive proceeds from the sale of real estate or other property in Belarus, transfer funds from abroad when purchasing property, manage savings or investments, or receive salary payments from a Belarusian employer.
AMBY Legal assists foreign nationals with the full account opening process — advising on the most suitable bank, preparing documents, coordinating translations, and accompanying the process through to successful account activation. As a rule, we help clients open a personal bank account in Belarus within 48 hours. In cases requiring additional bank verification, this may take up to 96 hours.
Who Can Open a Personal Bank Account in Belarus?
The following individuals can open personal bank accounts in Belarusian banks:
Belarusian citizens — with a standard set of documents and no special requirements.
Foreign nationals permanently residing in Belarus — with a residence permit.
Foreign nationals temporarily staying or residing in Belarus — including those without a residence permit.
Foreign nationals not residing in Belarus — who need an account for specific purposes such as receiving proceeds from property sales or managing assets in Belarus.
There are limited categories of individuals who may be refused account opening — including persons included on the list of individuals involved in extremist activities. AMBY Legal advises on eligibility before any documents are prepared.
Bank Account for Foreign Company
Open a bank account in Belarus for a foreign company with full support at every stage.
Timeframes for Opening a Bank Account for a Foreigner in Belarus
As a rule, we help clients open a personal bank account in Belarus within 48 hours of submitting a complete document package. In cases where the bank requires additional compliance verification, this may take up to 96 hours. The final decision rests with the bank’s compliance department — our advocates prepare documentation to the highest standard, anticipate compliance questions, and manage the process to make account opening as fast and smooth as possible.
Bank Cards in Belarus for Foreign Residents
Foreign nationals who open a personal bank account in Belarus can obtain a bank card linked to their account. Cards are typically available in Belarusian rubles, euros, and US dollars. Visa and Mastercard are the most common options, with card issuance typically taking 1 to 2 working days. Many Belarusian banks now offer digital cards for convenient online transactions. Some cards can be linked to Apple Pay and other payment systems. Note that for foreign nationals, some banks require a refundable deposit when issuing a card — this is returned when the card expires.
Our Services
Document Preparation
Account Opening Support
Remote Account Opening
What Kind of Accounts do Banks Open?
Current account
Deposit account
Savings account
Foreign currency account
Interest-bearing account
For a child
Legal Opinion in Belarus
Obtain a legal opinion in Belarus taking into account international standards and local regulations.
Opening a Personal Bank Account in Belarus: Documents Required
Foreign nationals can open accounts in Belarusian banks in both foreign currency and Belarusian rubles. The specific terms, fees, and compliance requirements vary between banks — we advise on the best option for your situation before documents are prepared.
For Remote Bank Account Opening you Need
- Power of attorney for remote account opening
To open an account remotely, we require a notarized and apostilled power of attorney in our name to act on your behalf. - Client’s passport for remote account opening
A notarized and apostilled copy of your passport, translated into Russian, is needed to open a bank account remotely. - Documents from non-Hague Convention countries
If your country is not a party to the Hague Apostille Convention, documents must be consularly legalised at a Belarusian or Russian embassy in your country rather than apostilled. - Sending documents for remote opening
Once legalised, send the translated and legalised documents to us by post or courier. We handle all subsequent bank communications and the full account opening process on your behalf.
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FAQ
Belarusian banks open the following account types for individuals: current (settlement) accounts for everyday transactions, deposit accounts for fixed-term savings with interest, savings accounts with flexible top-up and withdrawal, foreign currency accounts in USD and EUR, interest-bearing accounts, and specialised children’s accounts. The most common account for foreign nationals is a current account, sometimes combined with a foreign currency account.
Individuals — including foreign nationals — can open current accounts, deposit accounts, savings accounts, foreign currency accounts, and card accounts in Belarusian banks. Account types available and the specific conditions vary between banks. AMBY Legal advises on the most suitable account type for your situation before documents are prepared.
To open a current account, a foreign national must visit the bank in person or authorise AMBY Legal to act on their behalf remotely. Required documents include a valid identity document (passport) with a notarized Russian or Belarusian translation, and a completed application form. For remote opening, a notarized and apostilled power of attorney and apostilled passport copy are also required.
Accepted identity documents for foreign nationals opening a bank account in Belarus include: a foreign passport (with notarized Russian or Belarusian translation), a residence permit, a refugee identification card, and travel documents issued by a foreign country or international organisation for individuals temporarily residing in Belarus.
The best bank depends on your specific situation — your nationality, planned account usage, and whether you need foreign currency options or a linked bank card. Some banks have more streamlined procedures for foreign nationals than others. AMBY Legal advises on bank selection as part of our account opening service.
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