Belarusian banks switch to new payment standard

From August 1, the payment system of Belarus will work according to the international standard ISO 20022. This means that the methodology of non-cash payments in rubles will change, Minsk-News writes. You can also read about average salaries in Belarus.

 In accordance with the requirements of the ISO 20022 standard, to make payments, you need to specify information about the country of registration of a non-resident, the status of the party, the payment destination code.

 Here you can find examples of filling out payment orders and requirements in Russian, as well as payment destination codes that will be used during transactions.

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Photo: sputnik.by