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Exchange rates

  • 1 USD 1.9300 / 1.9420
    1 EUR 2.2650 / 2.2820
    100 RUB 3.2300 / 3.2800

Precious metals

  • Gold
  • Silver
  • Platinum
1g. 103 BYN 10g. 21 BYN 10g. 1 000 BYN
5g. 450 BYN 20g. 35 BYN 20g. 2 000 BYN
10g. 865 BYN 50g. 79 BYN

Commemorative coins

1 USD1.9300 / 1.9420 1 EUR2.2650 / 2.2820 100 RUB3.2300 / 3.2800 10 CNY2.8450 / 2.9650 1 GBP2.4630 / 2.5230

Trade finance

TERMS OF TRADE FINANCE

Financing of all phases of a foreign trade contract within a letter of credit - from advance payment to payment for installation

Various financing methods:

  • post-financing (with no special contractual provisions)
  • payment in instalments with the discounting of documents (indicating in a contract the terms of payment by instalments and discounting)

The financing periods range up to 1 year (up to 2 years under contracts with Poland, up to 5 years under contracts with Italy)

 

WHY TRADE FINANCE?

  • The cost of financing is lower than that of direct lending
  • Wide geography of transactions (CIS countries, EU countries, Asia, North America)
  • A large number of correspondent banks that provide credit lines to Belarusbank
  • Fast decision-making on financing
  • Low risks of settlements under foreign trade contracts
  • Financing up to 100% of the contract value

HOW TO OBTAIN FINANCING?

  • Get advice on the draft contract and discuss the preliminary terms of financing at Belarusbank's office
  • Upon signing the contract file a request to the servicing branch of the bank (with the contract and financial reporting attached in order to establish the limit of active operations)
  • Conclude an agreement on opening and execution of a letter of credit and apply for the letter of credit

ELIGIBILITY CRITERIA

  • Strong financial position
  • Sufficient security

 

At the pre-contract stage we will be happy to assist you in:

  • developing contract sections
  • finding optimal settlement terms
  • structuring financing schemes

 

The choice of a payment and financing scheme depends on each specific transaction.

Therefore, before entering into a contract, we recommend that you contact the bank branch or the trade finance department of the bank.

Contacting the bank at the pre-contract stage will ensure the most efficient way of settlement with your foreign partner.

 

CONTACTS

Structured and Trade Finance
International Business Department

Tel.: + 375 (17) 309 06 68, 309 00 07
Fax: + 375 (17) 289 37 82
E-mail: tradefinance@belarusbank.by

 

/ Trade finance