Belarus is expanding the sphere of application of the Interbank identification system to increase the availability of banking and financial services. The decree "On digital banking technologies" has been signed by the head of state. The Interbank identification system has been operating in Belarus since October 1, 2016. Passing identification procedure in one of the banks, customers can be serviced in any other bank. According to the decree, insurance organizations, securities market participants, leasing and microfinance organizations will receive access to the customer information. The database will be available for state bodies as well.
