Correspondent accounts

The operations with the correspondent Banks are the important line of the Moscow-Minsk Bank's activity striving for active co-operation with the financial institutions from many countries of the world.

The Moscow-Minsk Bank continually extends the sphere of co-operation with the correspondent Banks for satisfying the growing requirements of their Customers in development of their business.

The "Moscow-Minsk Bank is offering to financial institutions services for opening and keeping the correspondent accounts in Byelorussian rubles and in foreign currencies.

Opening of correspondent accounts, payments in Byelorussian rubles (large value payments and clearing of payments) as well as issuing account statements are free of charge.

The terms and conditions for operations in Byelorussian rubles

• execution of payments "same day" if instructions on the account are received till 16:30 Minsk time;

• free of charge issue of correspondent account statement for the previous day transactions till 10:00 Minsk time;

• crediting the amount with the value date of the Moscow-Minsk Bank's correspondent account with the National Bank of the Republic of Belarus irrespective of the incoming time stamp;

• automatic accrue of the interest income on credit balance of the account on the basis of its actual daily balance at market rate "overnight" with a minimal margin of the Bank;

• assistance in recovery, changing the details of the payment, carrying investigations of non-delivered items and due amounts without additional commissions;

• possibility to use any convenient means of telecommunications (TELEX, SWIFT).

The terms for operations in foreign currencies:

• payments and settlements are made in US$, main European currencies, the currencies of CIS and Baltic countries;

• execution of payments "same day" if instructions are received on the account till 15:30 Minsk time;

• free of charge issuing of correspondent account statement for the previous day operations till 10:00 Minsk time;

• accrue of the interest income on credit balance of the account on the basis of a daily balance;

• possibility to use any convenient means of telecommunications (TELEX, SWIFT).

The correspondent account is opened after signing an agreement on establishing the correspondent relations with the Bank and submitting the necessary documents.

For more detailed information please refer to the next address:

49, str. Kommunisticheskaya, city of Minsk or by the phone numbers: +375 17 239 17 75, 239 17 71, Reuters Dealing - МВМВ

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