Belarusian trade and banking system ready for denomination

29 июня 2016

By Veronika Buta: Belarus’ trade and banking system are ready for the denomination, as announced at today’s special press briefing held today at the Trade Ministry, featuring representatives from the National Bank, the Belarusian Republican Union of Consumer Societies and trade and business entities from across Belarus. New money has appeared in all banks in sufficient quantities to be delivered to ATMs, cash registers and retail facilities starting from early in the morning on 1 July. Change in the new money, including coins, will be available in stores almost immediately.

Denomination is a technically complex process, which requires time and human resources. Therefore, tomorrow evening and Friday morning there might be some difficulties, for example, bank card payments will be suspended.