Public ID: PID-W9ZY5G
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.
21 July 2020
18 December 2020