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Belarus banking system ready for currency redenomination, National Bank says

The banking system of Belarus is ready for the forthcoming redenomination, said the National Bank June 29. All the banks of Belarus have the necessary funds to operate in conditions of the redenomination, during its first days. On 1 July at 8 am, new money will be delivered to ATMs, cash registers and retail facilities.

Now the Bank is working to identify any possible abnormal situations and technical details that may arise when setting up equipment and cash registers in retail chains.

Edvard Matulis, Deputy Minister of Trade of the Republic of Belarus:
Retail facilities will be open on 30 June and on 1 and 2 July, and will operate in the normal mode. We have warned everyone, we have prepared staff and explained how to act in certain conditions. Mainly, these are cashiers, because they will face the majority of difficulties connected with the redenomination.

Belarus banking system ready for currency redenomination, National Bank says