In 2012, Belarusbank, the country's biggest bank, signed an agreement with American Express to allow the use of Amex cards when paying or withdrawing cash in Belarus. However, in 2022, following Russia's invasion of Ukraine, American Express suspended its operations in Russia and Belarus. As a result, globally issued American Express cards no longer work at merchants or ATMs in these countries.
Characteristics | Values |
---|---|
Are American Express cards accepted in Belarus? | No, American Express has suspended all operations in Belarus. |
When did American Express suspend operations in Belarus? | March 6, 2022 |
Why did American Express suspend operations in Belarus? | To denounce Russian President Vladimir Putin's decision to invade Ukraine. |
What You'll Learn
American Express cards were accepted in Belarus in 2012
In 2012, American Express cards were accepted in Belarus. This was thanks to an agreement between American Express and the country's biggest bank, Belarusbank. This meant that American Express cardholders could use their cards to pay or withdraw cash in Belarus.
At the time, this was seen as a positive development for American tourists visiting Belarus, as it provided more convenience and ease when it came to financial transactions. It is worth noting that some companies and businesses in Belarus may have accepted American Express cards even before the official agreement with Belarusbank.
However, the current situation regarding American Express in Belarus is different. As of March 6, 2022, American Express announced that it was suspending all operations in Belarus. This decision was made in response to the Russian invasion of Ukraine and followed similar moves by other major credit card companies such as Visa and Mastercard.
Due to the suspension, globally issued American Express cards are no longer functional in Belarus. Similarly, cards issued by Belarusian banks will not work outside of the country on the American Express global network. This means that American Express cardholders cannot use their cards for transactions or ATM withdrawals in Belarus as they could before.
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Globally issued Amex cards no longer work in Belarus
In March 2022, American Express announced it was suspending its operations in Russia and Belarus. This decision was made in response to Russia's invasion of Ukraine, with American Express joining Visa and Mastercard in taking measures against Russian President Vladimir Putin's actions.
As a result, globally issued Amex cards no longer work in Belarus. This means that American Express cards will be rejected by merchants and at ATMs in Belarus. Additionally, cards issued locally by Russian banks will no longer function outside of Russia on the American Express global network.
This suspension of operations has impacted the ability of cardholders to make purchases and withdraw cash in Belarus. However, it is important to note that even before this decision, American Express cards were not widely accepted in Russia or Belarus. According to a user on Reddit, one would have to search really hard to find a place where American Express was accepted in Russia, and it was extremely rare.
The impact of this decision is felt by cardholders, particularly those who are against the war and may be seeking to flee the country. On the other hand, an average Russian supporter of the war is less likely to be affected, as they tend to be older individuals with a Mir card for their pension and are less likely to make international purchases.
With this suspension of operations, American Express joins other companies in taking a stand against Russia's aggression and demonstrating their commitment to supporting Ukraine during this challenging time.
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Belarusbank had signed an agreement with American Express in 2012
In 2012, Belarusbank, the biggest bank in Belarus, signed an agreement with American Express. This agreement meant that American Express cards would be accepted when paying or withdrawing cash in Belarus. This was a significant development as it made it easier for American tourists and business travellers to access funds while in the country. Prior to this agreement, American Express cardholders had limited options for using their cards in Belarus, as the company had not yet established a widespread presence in the country.
The partnership between Belarusbank and American Express was a result of increasing efforts to improve the investment climate in Belarus and attract more foreign investment. Belarus has been working to modernise its economy and present itself as a favourable destination for international businesses. This includes measures such as establishing special economic zones, offering tax incentives, and improving the regulatory environment.
The agreement between Belarusbank and American Express was a step towards modernising Belarus's financial system and making it more accessible to international travellers and businesses. This move was well-received by American Express cardholders who could now use their cards more conveniently when travelling to Belarus. It also opened up new opportunities for businesses that accepted American Express, as they could now cater to a wider range of customers.
However, it is important to note that the current political situation between Belarus and the United States may impact the acceptance of American Express cards in Belarus. As of 2024, American Express has suspended all operations in Belarus due to its support for Russia's invasion of Ukraine. This means that American Express cards are no longer accepted at merchants or ATMs in the country. The future of the partnership between Belarusbank and American Express is uncertain, and it is advisable for travellers to check for the most up-to-date information before relying solely on their American Express cards in Belarus.
Overall, the 2012 agreement between Belarusbank and American Express was a significant step towards improving the acceptance of American Express cards in Belarus and facilitating financial transactions for international travellers and businesses. However, political events and sanctions have since impacted the availability and use of American Express in the country.
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American Express cards were used to pay or withdraw cash in Belarus
In 2012, Belarusbank, the country's biggest bank, signed an agreement with American Express to allow the use of Amex cards when paying or withdrawing cash in Belarus. This was a welcome development for American tourists visiting the country.
However, in March 2022, American Express announced that it was suspending its operations in Russia and Belarus. This decision followed similar moves by Visa and Mastercard in response to Russia's invasion of Ukraine. As a result, globally issued Amex cards no longer work in Russia or Belarus, and cards issued locally by Russian banks will not work outside of Russia on the American Express global network.
Therefore, as of March 2022, American Express cards cannot be used to pay or withdraw cash in Belarus. This situation may have caused inconvenience to American Express cardholders who were planning to travel to or currently reside in Belarus. They would need to rely on other payment methods or cards from different providers when transacting in the country.
It is important to note that the suspension of operations by American Express and other card companies is a response to the geopolitical situation and a measure to denounce the invasion of Ukraine. These decisions can have complex implications for both businesses and individuals, and it is challenging to predict the full extent of their impact.
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American Express has suspended all operations in Belarus
American Express has announced that it is suspending all operations in Belarus. This decision comes in response to Russia's attack on Ukraine, with American Express joining Visa and Mastercard in taking measures against Russia's actions.
The suspension means that globally issued Amex cards will no longer be accepted at merchants or for cash withdrawals in Belarus. This follows an agreement made in 2012 between American Express and Belarusbank, the country's largest bank, which allowed for the use of American Express cards in the country.
In addition to the suspension of operations in Belarus, American Express has also ceased operations in Russia. As a result, American Express cards issued globally will no longer work at Russian merchants or ATMs. Furthermore, cards issued locally in Russia by Russian banks will no longer be functional outside of the country on the American Express global network.
The impact of this decision on individuals in Belarus and Russia is expected to be minimal, as American Express was rarely accepted in these countries. However, the suspension of operations by major credit card companies like American Express, Visa, and Mastercard, highlights the response from the business community to Russia's invasion of Ukraine.
American Express has not provided any further details on the suspension of operations in Belarus or Russia, and it is unclear when or if their services will resume in these countries. The company has stated that it stands with the people of Ukraine during this difficult time.
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Frequently asked questions
No, American Express has suspended all operations in Belarus. Globally issued Amex cards will not work in the country.
American Express suspended operations in Belarus in March 2022, following similar moves by Visa and Mastercard.
American Express suspended operations in response to Russia's invasion of Ukraine, which was launched from Belarus.
Yes, even before the suspension, American Express cards were rarely accepted in Belarus.