A Visit to BSB Bank in Russia – Office Found

Belarus

Minsk, Minsk Region, Belarus

A Visit to BSB Bank in Russia – Office Found
Belarus

Reasons for Field Survey

Leveraging regional financial development, the Belarusian foreign exchange market has gradually established an operating system encompassing diverse institutions, making it a key venue for local investors to participate in foreign exchange transactions. To help investors gain a direct understanding of the true operational status of brokers in the region and mitigate the risks associated with information bias, a field research team conducted a field visit to Belarus.

Field Survey Process

This issue's field research team conducted a planned on-site visit to BSB Bank, a forex broker in Belarus. Publicly available information lists its office address as Pr-t Povedititelely, 23, K. 4, 220004, Minsk, Belarus.

Upholding the responsibility of rigorous verification for investors, the professional field research team conducted a field visit to BSB Bank, based on a pre-determined plan and referring to the publicly available address, with the goal of revealing the broker's true operations.

The field research team traveled to Minsk, Belarus, and conducted an on-site verification of BSB Bank, which claimed to be located at Pr-t Povedititelely, 23, K. 4, 220004, Minsk, Belarus.

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The field research team successfully arrived at the building indicated by the address. The area was bustling with activity, and the field research team successfully captured panoramic photos of the building. No company logo was visible on the building's exterior. However, upon entering the lobby, a sign clearly marked BSB Bank was visible.

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After explaining their purpose to the lobby staff, the surveyors were granted entry and reached the target floor via elevator, accurately confirming the company's location. Upon entering, they discovered that the office space was not a shared office but rather BSB Bank's dedicated office space. The surveyors not only photographed the reception desk with the company logo but also observed the bustling office environment inside. Visual inspection revealed a total of 10 rooms, with an estimated 10 workstations.

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Many people were seen conducting business, creating a lively atmosphere. In reality, BSB Bank is a large local company in Belarus, with comprehensive facilities and a legitimate business environment.

Thus, the survey confirmed that BSB Bank exists at the aforementioned address and has a legitimate office space.

Field Survey Summary

The surveyors visited BSB Bank as planned and observed the broker's company name and logo displayed prominently at the publicly shown business address, indicating the physical presence of the broker's business. Investors are advised to take all factors into consideration before making a decision.

Field Survey Disclaimer

The above content and opinions are for reference only and should not serve as a basis for any final decision.

Broker Information

No Regulation
BSB Bank

Website:https://www.bsb.by/en/

5-10 years |Suspicious Regulatory License |Global Business |High potential risk |
  • Company Name:
    BSB Bank CJSC
  • Country/region of Registry:
    Belarus
  • Company Abbreviation:
    BSB Bank
  • Official Email:
    --
  • Twitter:
    --
  • Facebook:
    --
  • Customer Service Number:
    +375 17 306 20 40
BSB Bank
No Regulation

Website:https://www.bsb.by/en/

5-10 years | Suspicious Regulatory License | Global Business | High potential risk |
  • Company Name: BSB Bank CJSC
  • Company Abbreviation: BSB Bank
  • Country/region of Registry: Belarus
  • Official Email: --
  • Twitter:--
  • Facebook: --
  • Customer Service Number:+375 17 306 20 40

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