Regulation on e-money transactions adopted in Belarus
Author: Mikhail Doroshevich
05/01/2004
National Bank of the Republic of Belarus has adopted Regulation on e-money transactions.
According to the Regulation "e-money" means unit of value that is stored on a particular medium and can be used for electronic payments. Physical, judicial persons, service and trading companies may become holders of electronic money issued by banks. E-money are intended for the purpose of effecting electronic payments of limited amounts of no more than 200 euro.
Useful links:
National Bank of the Republic of Belarus
This information may be reproduced provided that E-Belarus.org is given as the source.
E-Belarus.ORG, 2001-2011
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