Belarusian banks face problems with payments via SWIFT

Customers of Belarusian banks reported problems with transfers from abroad. Alfa Bank has suggested that foreign intermediary banks have not yet worked out internal rules for remittances to Belarus after the sanctions.

Clients of Belarusian banks are complaining in mass about the problems with transfers abroad: many of them fail to get money from abroad, reported Sputnik.

According to the agency, the problems were reported by clients of BSB Bank, Dabrabyt, BPS-Sberbank, BelVEB, Belarusbank, Belagroprombank, Priorbank and Alfa-Bank.

According to Office Life, both individuals and companies have had problems with transfers. One of them told the publication that “there are problems even with transfers from third countries. “If a non-EU partner transfers amounts in euros, often the transactions are not allowed through by correspondent banks in the European Union,” the article said.

The press service of Alfa Bank in Belarus told Sputnik that “there have been difficulties lately with single transactions made through SWIFT. Foreign intermediary banks, through which transfers are made, have not yet developed internal rules for working with transfers to and from Belarus after the recently imposed sanctions, the bank suggested.

“As soon as the partner banks work out the rules of interaction, the problem will be solved. True, this may take several months,” the press service added.

The National Bank of Belarus declined to comment. “Contact commercial banks,” the regulator’s press service advised Office Life. Priorbank declined to comment to Sputnik, and Belarusbank promised to give an explanation later.

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