Contract registration needed at banks in Belarus for export orders exceeding 3000 Euros
Trade barrier summary
In Belarus, a contract needs to be issued and registered in a bank, for any export deals exceeding 3,000 Euro. A Belarusian company doing business with an overseas payment, cannot issue invoice payments without this kind of registered contract. These requirements are aimed at preventing fraudulent transactions in Belarus but place additional administrative responsibility on exporters.
Sectors affected
- All sectors
Resolved
No
Date reported
21 July 2020
Last updated
18 December 2020
Public ID
PID-W9ZY5G
If a trade barrier is affecting your exports or investment from the UK, please let us know on report a trade barrier .
If you export goods you can check duties and customs procedures for your chosen market.