EconomyBanks in Belarus, Kazakhstan, and Kyrgyzstan sharply raise fees for cash ruble deposits
Banks in Belarus, Kazakhstan, and Kyrgyzstan have sharply increased fees for nonresidents depositing cash Russian rubles into their accounts, RBC reports. Some fees have risen from 2–5% at the start of summer to 10–15%, while Belarus’s Neo Bank Asia charges a flat 20%. At least 10 banks tightened their terms since early August amid increased cash inflows from Russia.
Banks in Belarus, Kazakhstan, and Kyrgyzstan sharply raise fees for cash ruble deposits