Travel, Currency and Money saving tips for Belarus
The Belarusian Ruble (BYN) is the local currency in Belarus. Sterling isn't widely accepted for exchange into BYN so it's wise to carry US dollars or Euro. its not possible to change BYN to any other currency outside of Belarus so do so before you leave the country. The airport is always a convenient place to do this. ATMs are widespread and credit cards can also be USD to withdraw cash, usually BYN, occasionally US dollars will also be available. NB: In 2016, the New Belarusian Ruble (BYN) replaced the old Belarusian Ruble (BYR) at a ratio of 1:10,000.
Travel money for Belarus
Save money and time by Ordering your BYR online from Travelex, you get better rates and can pick
up the BYR cash locally or even on travel day at the airport.
Another popular option is to
use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate,
but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to
Pay in BYR otherwise you may get much worst exchange rates.
Sending money to Belarus
When searching around for information on how to get a good exchange rate when sending money to Belarus you need to start with finding out the latest
BYR foreign-transfer exchange rate.
Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much
you can save (we make that calculation easy here).
Get a better deal for foreign transfers to Belarus
When sending money to Belarus it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers.
To get a better deal you should follow these 4 simple steps :
Open an account with a BER reviewed FX provider (id docs may be required)
You specify the local or BYR amount you want to transfer
Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
Once your funds are received by the provider the converted BYR amount will be transfered to the recipient account you specify in Belarus.
Use our Send to BYR calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more -
end result is more BYR deposited into the recipient bank account and less margins and fees kept by the banks!
General advice: The information on this site is of a general nature only. It does not take your specific needs or circumstances into consideration. You should look at your own personal situation and requirements before making any legal, accounting or financial decisions. The foreign exchange rates and products compared on this page and website are chosen from a range of products that bestexchangerates.com (BER) has access to and are not
representative of all the products available in the market.
We may receive referral fees in relation to your activity on the BER website however this doesn't affect the exchange rates or fees you are charged.
The use of terms "Best" and "Top" are not product ratings and are subject to our disclaimer.