BelVEB Bank (Republic of Belarus)

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BelVEB Bank (Republic of Belarus)

Belvnesheconombank OJSC (BelVEB Bank) is a financial institution of Belarus, registered in December 1991. This is a multifunctional credit and financial institution, which occupies a key place among other banks in the country in providing services in the field of foreign economic activity, international payments, foreign exchange transactions, etc. The main shareholder of the bank is the state-owned development corporation VEB.RF (Russia) with 97.52 % of shares.


Types of bank accounts

Personal, corporate; current, deposit.

The bank opens accounts for any companies, including registered in classic offshore jurisdictions.

The cost of opening of the account

(bank tariff)

Accounts for legal entities - 50 USD.

Accounts for individuals - about 2 USD.

Minimum balance is not provided, but the account amount must remain sufficient to cover the bank commissions.

Representative offices 


Management of the account

Using online banking.

Authorization of payments in the Internet bank requires binding to a specific computer on which the corresponding bank software is installed.

Bank’s tariffs

Service tariffs depend on the activities and the turnover of the company.

In more detail with the bank's tariffs can be found here.

Terms of opening the account 

The procedure of opening the account consists of two stages: the preliminary stage and final stage of opening an account.

The preliminary stage includes the process of collecting and filing your documents which are required for opening an account. The terms of preliminary stage depends wholly on you.

The process of reviewing documents by the bank and making a decision on opening an account takes 2-3 weeks from the moment of submitting the documents to the bank office. After the adoption of the decision by the bank, appointed by the meeting with the manager of the bank in the main office of the bank.

BelVEB Bank follows the «know your client» principle and therefore you may be requested to provide any additional information or documents concerning the procedure of opening the account that may take additional time, as well as refusing of account opening without reasons explanation.


Working languages: Belarusian, Russian.

Credit/debit cards

Visa, MasterCard.

Other bank’s products

Deposits, settlement transactions, documentary operations, safes, lending, investment, bank guarantees.

Documents for opening an account

Forms for signing are provided at the bank at a personal meeting with the client.


Documents for the company:

- originals of all statutory documents;

- detailed description of the company.

For new companies, you must provide a Certificate of Good Standing under the apostille.

Documents for the account manager (company attorney) and the beneficiary:

- original internal passport with a residence permit (for citizens of Russia and Ukraine);

- original utility bill is not older than 3 months, if there is no registration in the passport;

- original passport.

Documents for the nominee manager/shareholder/secretary (if the company uses the nominee service):

- a copy of the passport (if the nominee head/secretary/shareholder is an individual) under the apostille;

- original utility bill is not older than 3 months under the apostille;

- a copy of the Certificate of incorporation under the apostille, the charter and the memorandum of association under the apostille, the protocol on the appointment of the director under the apostille (if the head/shareholder/secretary is a legal entity);

- a copy of the Certificate of Good Standing under the apostille and Certificate of Incumbency under the apostille.

Addition documents can be requested while consideration.

The procedure of opening an account

It is necessary to visit our office to fill out a questionnaire, as well as preliminary verification of documents for the company, attorney (account manager) and the beneficiary. To open an account need a personal visit to the bank manager of the main office of the bank in Republic of Belarus.

Bank site


For further consultation concerning the terms of account opening in BelVEB Bank (Republic of Belarus) please contact our office. We will respond to any questions you may have and will help you open an account non-resident in  in Belarusian BelVEB Bank or any other bank out of 60 foreign banks you may choose from.