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Accounts for non-resident companies
Now in Belarus there is no strict regulation to open accounts for non-resident companies in Belarus, as, for example, in Europe. Of course, it all depends on the decision of the compliance Department of each bank. But still companies from Hong Kong, EU, CIS, offshores and other jurisdictions open accounts in Belarus.
Why Do I Need a Foreign Business Bank Account?
Opening a foreign bank account provides vital advantages for international business operations. It enables efficient cross-border transactions, helps optimize tax planning through legal international structures, and safeguards company assets. Foreign accounts also enhance business credibility with global partners and customers, facilitate multi-currency operations, and provide access to diverse financial markets, making international trade and expansion significantly smoother.
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Types of Companies Opening Foreign Bank Accounts
Global businesses across sectors leverage international banking solutions for expansion. IT companies and digital service providers need accounts for seamless client payments and remote team management. Trading firms handle cross-border transactions, while holding companies oversee international investments. Manufacturing businesses facilitate overseas operations, real estate companies manage global properties, and e-commerce platforms require multi-currency capabilities for worldwide sales.
Opening a Bank Account for a Foreign Company
Establishing an international bank account requires careful documentation and compliance with local regulations. Companies must provide proof of incorporation, ownership structure, and business activities. The process typically involves presenting corporate documents, financial statements, and tax records. Many jurisdictions require physical presence during account opening, while some modern banks offer remote solutions. Due diligence procedures ensure transparency and prevent financial misconduct.
Our Services
Expert evaluation of your business needs and goals to match you with optimal banking institutions offering the most suitable account types and features.
Strategic guidance on documentation preparation, compliance requirements, and jurisdiction selection based on your company’s profile and operational needs.
Complete support with Belarusian banking procedures, including document preparation, translations, and personal assistance during the application process.
Documents Required for Opening a Bank Account in Belarus
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Bank Account for a Foreign Company
Application Form: Standard bank document requiring company details, account type preferences, and authorized signatory information. Must be signed by the empowered representative.
Constituent Documents: Company charter and memorandum of association proving legal structure. Documents demonstrate operational framework according to home country legislation.
Registration Proof: Commercial register extract or incorporation certificate confirming company’s legal status in country of origin.
Authorization Documents: Protocols, decisions, and contracts proving signatory rights and account management permissions for designated representatives.
Signature Card: Bank-issued document with specimen signatures and company stamp, completed on premises with authorized personnel.
Identity Documents: Personal identification for individuals representing the company during the account opening process.
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FAQ
Yes, you can conduct international transactions with business partners worldwide. Belarusian banks support SWIFT transfers in multiple currencies, enabling seamless cross-border payments and receipts.
Yes, we handle all required notifications to tax authorities following account opening, ensuring full compliance with local regulations and reporting requirements.
Yes, companies can maintain multiple accounts across different Belarusian banks. This strategy offers advantages in service diversification and operational flexibility.
Accounts can be funded through international wire transfers, internal transfers between Belarusian banks, or direct deposits. All transactions must comply with local banking regulations and documentation requirements.
Yes. Belarusian banks provide stable banking infrastructure, competitive transaction fees, modern internet banking systems, and multi-currency operations. They offer special conditions for IT companies and strong personal support in English.
Online banking can only be activated via a Belarusian SIM card and you can decide how you will manage your accounts. We can also arrange an eSIM electronic SIM card for you if you are using a mobile phone with support for this technology (iPhone 10 and its latest versions).
Our company provides account and SIM card management services, so you can be completely sure that your transactions will be carried out.
Contact us
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Limited Liability Company “Spex Advisers”Certificate of state registration issued by the Minsk City Executive Committee on July 4, 2018. Registration number: 193101292
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E-mail
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Telephone\WhatsApp
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AddressOffice: 8 Kirova str., office 21, Minsk, 220030, Belarus. Postal address: 38 Novovilenskaya str., office 21, Minsk, 220053, Belarus
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Working hoursMonday-Friday 9:00-19:00