Revolut In Belarus: Is It Accessible?

Revolut is a British money transfer service that offers a range of payment, investment, and money management services through a mobile app. It has been operating in Belarus since July 2021. However, in March 2022, Revolut stopped supporting money transfers to or from entities in Belarus, and users could no longer top up their accounts using cards issued by Belarusian financial institutions. The company also does not support card payments in Belarus. This decision was made in the context of sweeping economic sanctions against Russia following its invasion of Ukraine, with Revolut's co-founders also issuing a statement condemning the war.

Belarusians can use Revolut to convert Euros to Belarusian Rubles

As of March 2022, Revolut has stopped supporting money transfers to or from entities in Belarus. This means that users can no longer top up their Revolut accounts using cards issued by financial institutions in the country. However, Belarusians can still use Revolut to convert Euros to Belarusian Rubles.

Revolut is a British fintech firm that offers a range of payment, investment, and money management services through a mobile app. The company has been operating in Belarus since July 2021. While Revolut no longer supports transfers to or from Belarus, its services can still be used to convert currencies.

To convert Euros to Belarusian Rubles using Revolut, users can follow these steps:

• Check out the Revolut exchange rates: Use the currency converter to stay on top of current EUR to BYN exchange rates before converting.
• Add money to your Revolut account: Fund your account with EUR or any of the 36 currencies supported by Revolut.
• Convert your currency: Go to the Exchange section in the app, choose EUR as the starting currency and BYN as the target currency. Enter the amount you want to convert, review the exchange rate and fees, and confirm the order.
• Spend in Belarus: When you're in Belarus, you can use your Revolut card to make payments or withdraw cash in Belarusian Rubles. Revolut will automatically convert your EUR to BYN at their exchange rate.

It is important to note that BYN is not one of the 36 supported currencies that can be kept and exchanged directly in the Revolut app. However, the conversion can still be done by paying with the Revolut card in Belarus. Additionally, there may be fees associated with currency exchanges, depending on the user's plan and the amount being exchanged.

Revolut cards are accepted in Belarus

Since July 2021, Revolut has been operating in Belarus, allowing customers to make card payments and ATM withdrawals in Belarusian Rubles. The Revolut app supports over 160 countries and regions, and customers can use their multi-currency card in 160+ countries.

However, as of March 2022, Revolut has stopped supporting money transfers to or from entities in Belarus. This includes topping up Revolut accounts using cards issued by financial institutions in the country. This move is in line with similar actions taken by other fintech firms in response to economic sanctions against Russia following its invasion of Ukraine.

It's important to note that the list of unsupported countries for card payments is subject to change, and Belarus is included in the list of unsupported countries for business card payments as of November 2024. Therefore, it is always advisable to check the latest information and terms provided by Revolut before planning to use their services in Belarus or any other country.

Revolut has stopped money transfers to and from Belarus

The decision to stop money transfers to and from Belarus came into effect on March 4, 2022, at 12:00 GMT. This move followed similar bans by major remittance firms like Wise, Zepz, TransferGo, and Remitly. The timing coincided with sweeping economic sanctions against Russia after its invasion of Ukraine on February 24, 2022.

The conflict in Ukraine holds personal significance for Revolut's co-founders, Nikolay Storonsky and Vlad Yatsenko, who were born in Russia and Ukraine, respectively, and both hold British citizenship. Storonsky issued a statement on March 1, 2022, condemning the war and expressing concern for the wellbeing of his staff in Russia and Ukraine.

While Revolut has ceased money transfers to and from Belarus, it still offers its users the ability to convert their money to Belarusian rubles when in the country. Users can add money to their accounts in euros or any of the 36 currencies supported in-app and then use their Revolut card to pay in Belarus, with the app automatically converting their currency to Belarusian rubles at the Revolut exchange rate.

Revolut's decision to stop money transfers to and from Belarus is part of a broader trend of fintech firms pulling out of the region in response to the Ukraine-Russia conflict and the associated economic sanctions.

Belarus is one of the countries Revolut does not support payments in

Revolut is a British fintech firm that offers a range of payment, investment, and money management services through a mobile app. It has become a popular option for many, with over 40 million global customers. However, it does not support payments in all countries.

Belarus is one of the countries that Revolut does not support payments in. This means that users cannot make card payments with their Revolut cards in Belarus. This restriction is in place regardless of whether the merchant is registered in Belarus or another country. It is important to note that this list of unsupported countries is subject to change, and there may be additional countries not listed that are also restricted.

The inability to use Revolut cards for payments in Belarus can be inconvenient for travellers and those doing business in the country. It is essential to be aware of these restrictions before planning any transactions or travel to Belarus.

Revolut's decision to block payments to certain countries, including Belarus, is often influenced by economic sanctions or political conflicts. In the case of Belarus, it is likely that the restrictions are related to international sanctions imposed on the country due to various issues. It is important to stay informed about any changes or updates to these restrictions.

Belarusians can use their Revolut card to make ATM withdrawals in Belarusian Rubles

As of March 2022, Revolut has stopped supporting money transfers to or from entities in Belarus. However, it appears that Belarusians can still use their Revolut card to make ATM withdrawals in Belarusian Rubles.

Revolut has been operating in Belarus since July 2021, and the service allows users to make card payments in most countries that accept Mastercard or Visa. While Belarus is listed as a country where Revolut does not support payments, it is still possible for users to add money to their account in EUR or any of the 36 currencies supported by the app and then use their Revolut card to make ATM withdrawals in Belarusian Rubles while in Belarus.

The Revolut app provides a currency converter that allows users to stay on top of current exchange rates before travelling. Users can add money to their account in EUR or any of the supported currencies, and Revolut will automatically convert the currency at the time of payment or withdrawal. There are no additional exchange fees on weekdays if the amount is within the user's plan limits.

It is important to note that Revolut's services and features may vary depending on the user's region and plan type. Users should refer to the Revolut app or official website for the most up-to-date and accurate information regarding the availability and functionality of their services in Belarus.

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