Belgazprombank Forex Broker

BelgazprombankReview SummaryFounded1990Registered Country/RegionBelarusRegulationUnregulatedTrading PlatformBGPB Mobile appCustomer SupportPhone: +375 17 218 36 55 (Financial), + 375 17 229 15 38 (Media)Email: fi@bgpb.by Financial), media@bgpb.by (Media)Social Media: Facebook, Twitter, Instagram, Telegram, YouTube Established in 1990, Belgazprombank offers bank services including opening and maintaining of bank accounts, currency exchange transactions, issuing of bank guarantees and so on. It currently operates without regulation.Pros & ConsProsConsVarious banking servicesLack of regulationClear fee scheduleOnly available to trade on mobile devicesIs Belgazprombank Legit? Belgazprombank has not been regulated by any notable authorities, which indicates that it carries higher risks.Products and Services Belgazprombank claims to offer banks, non-banking financial institutions as well as foreign financial institutions services and tailor-made solutions in trade finance and documentary business.Products & ServicesAvailableLetters of Credit✔Irrevocable Reimbursement Undertakings (IRUs)✔Bank Guarantees✔Post-Financing✔Trade-Related Loans✔Trade Financing✔Miscellaneous Transactions✔Fees Belgazprombank charges fees and commissions for banks and non-banking credit and financial institutions. You can download the file (https://belgazprombank.by/upload/userfiles/files/Tarif_NKFO_01022024_en.pdf) to learn about a specific fee item. Besides, the key fee items have been presented in a table:Service CategoryFeeAccount Maintenance FeesStatement and Credit Notification IssuanceExtra statement and credit notification upon requestBYN 20.00 per itemTemporary Statement IssuanceIssuance of temporary statement upon requestBYN 20.00 per itemBank TransfersForeign Currency TransfersInterbank Transfers (MT2XX)USD 10.00Customer Transfers (MT103)Through Nostro account in Belarusian bankUSD 7.00Through Nostro account in foreign bank:USDUSD 20.00RUBRUB 600.00EUREUR 25.00Other currencies:0.1%, minimum USD 20.00, maximum USD 75.00Cash WithdrawalsForeign Exchange PurchaseForeign exchange purchase at Belarus Currency and Stock Exchange based on separate agreement2% of the application amountCustody ServicesSecurities Account OpeningFor issuersBYN 50.00ResidentsBYN 40.00Non-residentsBYN 180.00Issuers Securities Credit EntryWithout providing a compliant electronic list of holdersBYN 4.00 per shareholder, minimum BYN 50.00With providing a compliant electronic list of holdersBYN 2.00 per shareholder, minimum BYN 30.00Custody Service Subscription for BondsPer issue (monthly or part of a month)BYN 20.00Securities Registration in Central StoragePer issue or part of an issueBYN 25.00Securities Account Storage FeesResidentsBYN 15.00Non-residentsBYN 35.00Transfer of Securities Between AccountsResidentsBYN 15.00 per itemNon-residentsBYN 35.00 per itemDelivery transferResidentsBYN 20.00 per itemNon-residentsBYN 50.00 per itemFreezing Securities for Trading in Belarus Currency and Stock ExchangeResidentsBYN 20.00 per itemNon-residentsBYN 50.00 per itemRegistration Preparation (securities registered with multiple custodians)BYN 25.00Calculation of Income (dividends, interest)BYN 90.00Payment of Income (dividends, interest)BYN 40.00 plus BYN 5.00 per itemRedemption of 1 SecurityBYN 20.00Termination of Custody Agreement(Due to change of custodian)BYN 550.00Trading Platform Belgazprombank offers the BGPB Mobile app. This app can be downloaded for free on Android, iOS, and Huawei devices.Deposit and Withdrawal Payment methods like S Pay, Apple Pay, Samsung Pay, Garmin Pay, and Square Pay are available on this platform.Customer Service Belgazprombank offers phone, email, fax and social media including Twitter, Facebook, Instagram, YouTube and Telegram. However, fees for a call may be charged by phone providers in accordance with tariffs.Contact OptionsDetailsPhone+ 375 17 229 15 38 / +375 17 218 36 55 / 120 / (44)76-66-120 / (33)66-66-120 / (25)66-66-120Emailmedia@bgpb.by / fi@bgpb.byFax(+375 17) 369 45 25Support Ticket System❌Online Chat❌Social MediaTwitter, Facebook, Instagram, YouTube and TelegramSupported LanguageEnglish and RussianWebsite LanguageEnglish and RussianPhysical Address220121, Minsk, 60/2 Pritytsky Str